Transcription of 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 _____ 13 Special Consideration of Early Childhood Ministry Teachers Who Do Not Hold a Bachelor s Degree _____14 Levels of Responsibility_____ 14 General Information _____14 General Responsibility Factors _____14 Responsibility Examples _____15 Calculating the Responsibility Amount _____15 Social Security Reimbursement (SECA Tax) _____ 15 Housing Allowance _____ 1
Jul 01, 2021 · i.e. money or provisions, Luke 10:4). Jesus states the reason they are to accept this ... Lord has commanded that those who preach the gospel should receive their living from the gospel. 5 ... “Tent-making” calls will exist where and when circumstances and …
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