Christianity Today International publishes the result of an annual survey on church salaries. This year’s copy of The 2008 Compensation Handbook for Church Staff has not yet been published, but a few of the results have been reported – as surprises. Senior editor, Kevin Miller, has posted an article in Leadership online entitled 3 Surprises on What Pastors Get Paid. For good or ill, I found two of the surprises to be of interest:
Surprise 1: If you want to earn more, change denominations. Without getting into the details, while Presbyterian Senior Pastors receive the highest average salary, Baptist Senior Pastors average next to last on the salary scale. On the other hand, Baptist Youth Pastors earn near the top, while Presbyterian Youth Pastors are near the bottom. It’s an interesting hint about mission and priorities.
Surprise 3: That additional degree is probably worth it. The issue of whether or not further education is of value to ministry is debatable, at least among the Baptist Churches I know. I don’t know how appropriate it is to add dollars to that debate, but there is some indication that on this side of heaven and from a financial standpoint that education is worth it. As the report reads: roughly stated, moving from a bachelor’s degree to a master’s degree boosts income from 10 to 20 percent, and getting your doctorate [adds] 15 percent more on top of that … Wondering whether to finish your master’s or doctorate? Even in pastoral ministry, from a financial standpoint, the answer is yes.”
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