We don't do years of service increases but with all our staff we do a cost of living rounded up to provide a minimal increase but to still keep the salaries for the positions at "market" levels. We are currently exploring the possibility of having bonuses at milestone years, like 5, 10, and 15 -- something in the line of 3% of salary as a bonus that year. That would not factor into regular cost of living increases and so would not inordinately inflate salaries. Not sure how this sounds to you or if anyone has incorporated something along this line or otherwise. Any feedback is certainly appreciated!
Posted in: Adjust Pastor's Salary Based on Years of Service?
We don't do years of service increases but with all our staff we do a cost of living rounded up to provide a minimal increase but to still keep the salaries for the positions at "market" levels. We are currently exploring the possibility of having bonuses at milestone years, like 5, 10, and 15 -- something in the line of 3% of salary as a bonus that year. That would not factor into regular cost of living increases and so would not inordinately inflate salaries. Not sure how this sounds to you or if anyone has incorporated something along this line or otherwise. Any feedback is certainly appreciated!