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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

the Compensation Guidelines to reflect changing compensation and benefits issues. However, no substantial changes were made to the guidelines since their adoption in 2002. In 2013, the synod in convention resolved to establish a new ad hoc committee to look at all areas of

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  Guidelines, Benefits, Committees, Compensation, Compensation guidelines, Compensation and benefits

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