Transcription of COMPENSATION GUIDELINES - WELS
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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) _____ 15 Housing Allowance _____ 15 General Information _____15 Calculating the Housing Allowance _____16 Phase-in Plan _____16 Housing Equity _____ 16 General Information _____16 Calculating the Housing Equity Allowance _____17 COMPENSATION Related Items _____ 18 Benefit Plans _____ 18 Pension _____ Error!
the absence of early childhood education directors in the guidelines. The Synodical Council’s Compensation Review Committee (CRC) assumed responsibility for identifying possible changes to the guidelines and to report those changes to the district conventions in 2016 and final recommendations to the 2017 synod convention.
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