SBC Full Time Pastors See Positive Salary Trends
September 22, 2016
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While health insurance coverage continues to decline among Southern Baptist Convention pastors, the rates for salary and housing have increased 3.4% over the past two years for full time senior pastors. Ministers on staff who work full time saw a 4.3% increase, while office personnel saw an increase of 2%. Pastors with a bachelor’s degree tend to be paid $4,040 more annually than those who do not have one, while seminary graduates saw a compensation increase of $4,706 annually.
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Why this story matters to church leaders:
The SBC is the largest Protestant denomination and can help us spot wider trends among Protestants to be aware of for strategic planning.
- Generosity Offsets Declines: Even in a season of losing members, generous giving can offer needed stability.
- Wider Trends: Salaries for all workers are expected to begin increasing, so it’s likely that pastors will also follow this wider trend.
- Uncertainty: a major illness can be a threat to the stress and ability of a pastor to minister. Without adequate healthcare, it’s harder for pastors to be present for the needs of others.
Are there ways to improve healthcare at your church?
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