And Micah said unto him, Dwell with me, and be unto me a father and a priest, and I will give thee ten shekels of silver by the year, and a suit of apparel, and thy victuals. So the Levite went in. Be unto me a father and a priest - Thou shalt be master of my house, as if thou wert my father; and, as priest, thou shalt appear in the presence of God for me. The term father is often used to express honor and reverence.
Ten shekels of silver - About thirty shillings per annum, with board, lodging, and clothes. Very good wages in those early times.