Friday, July 17, 2009

Methodist Bishops Agree to Pay Cut

for the record, I am way, WAY under these "averages"..... :-)

(from FotF's Pastor's Weekly Briefing)

Fifty bishops serving with the United Methodist Church have agreed to a four percent pay cut. The salary reduction, which will begin Jan. 1, 2010, will return their pay to the 2008 level and will represent an average cut of $4,700 annually. "None of us bishops are going to starve, ... but it is a good reminder that many people, many pastors, and many congregations are going through tough times," said Bishop Michael Coyner, one of four bishops on the finance council.

According to an article from The Associated Press, the average salary of United Methodist bishops is currently $125,658, and the average salary of a United Methodist senior pastor is $120,000.

The National Association of Church Business Administration, which has tracked pastoral salaries for over 30 years, reports that the average Protestant senior pastor in their survey receives $108,000 in compensation, and the average salary for a senior pastor of a church with 1,500 members or more is $141,000. They also report that 46 percent of the churches they surveyed this year have cut or frozen salaries.

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