43:21-12.6 - Adjustments of compensation - New Jersey Statutes

43:21-12.6.  Adjustments of compensation
    Adjustments of compensation after the allocation of positions under the new  compensation plan resulting from the above classification survey shall be made  as follows:  The compensation of each employee then receiving a rate per year  within the range prescribed for the class in which his position falls shall be  increased to the next higher increment rate as funds shall be available;  the  compensation of each employee then receiving less than the minimum rate per  year for the class in which his position falls shall be increased in rate per  year to the minimum for the class as funds shall be available.  Any employee  found to be then receiving more than the maximum rate per year for the class in  which his position falls shall be reduced to the maximum rate of such class.

     L.1948, c. 68, p. 416, s. 2.