COMPENSATION GUIDELINES - WELS

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COMPENSATION GUIDELINES A Guide to Compensating Called Workers Effective July 1, 2022 2 Table of Contents Preface ________________________________________ _____________________________________ 3 A Bible Study on Compensating Called Workers ________________________________________ _____ 4 COMPENSATION Plan Components ________________________________________ ________________ 10 Base Salary ________________________________________ ______________________________________ 10 Salary Ranges ________________________________________ ____________________________________ 10 Years of Experience ________________________________________ ________________________________ 10 Cost of Living Adjustment (COLA) ________________________________________ ____________________ 10 General Information ________________________________________ ______________________________________10 The COLA Calculation ________________________________________ _____________________________________11 Selecting a Cost of Living Data Source ________________________________________ ________________________11 Removing the Housing Component from a Composite Value ________________________________________ ______12 Determining the Salary Multiplier from Relative Cost of Living Figures ______________________________________13 Education ___

The CRC thanks all those who provided prayers and input on the committee’s recommendations and ... A Bible Study on Compensating Called Workers “Double Honor” – An Examination of the Scriptural Principles for Compensating Called Workers The Issue – The Lord of the Church has graciously instituted on this earth the ministry of the ...

  Guidelines, Examination, Compensation, Compensation guidelines