COMPENSATION GUIDELINES - WELS

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)

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 ...

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