Today’s #fridayfive covers a range of topics, including a labor shortage, pastor misconduct, market effects on homeowners and the relationship between CEO pay and consumer trust in their organizations.
Axios reports that the labor shortage many industries are experiencing is here to stay. They cite declining fertility rates and increasing life expectancy as the two reasons there is a drop in the working-age populations across all G20 countries.
The Wall Street Journal reports that many homeowners would like to move, but they don’t want to give up the low-rate mortgages they locked in a few years ago. Their reluctance to move to a mortgage in a new home with a higher rate is keeping the supply of homes available for purchase fewer than normal. Scarcity is keeping prices up – for now.
In a stunning display of pastoral dysfunction, Bill Matthews, Pastor of Solid Rock Family Church and the Solid Rock School, married his son’s ex-wife, reports The Roys Report. The story is true. In my book, there is no statute of limitations on sinful living disqualifying one from ministry. In addition, sin always leads to confusion about what is right and wrong (Deuteronomy 27-28). Never underestimate how confused leaders can become when living in sin.
When CEOs are paid too much, their consumers react negatively if the brand is experiencing a “crisis,” defined as “an event that violates the performance- and evaluation-based rules that consumers expect of firms.” This is the conclusion of the study When CEO Pay Becomes a Brand Problem in the Journal of Business Ethics. Consumers may punish a company by purchasing similar services or products from a competitor or choosing not to purchase at all.
While the war in Ukraine continues, war-weary Russians and Ukrainians are united in Christ at Baltic Methodist Seminary. When Christ is at the center of any relationship, the conflict goes away and is replaced with love and peace. The presence of Christ unites and heals, even among those whose countries of origin are at war.
As a final note (that would be a sixth point if I thought about it,) I’m listening to the Rise and Fall of Mars Hill from Christianity Today. This is the third time I’ve listened to it. I highly recommend this podcast the learn what we should not accept in Christian ministry and leadership.
Bill English, Publisher
Bible and Business
