§18B-8-5 Merit increases and salary adjustment.

§18B-8-5. Merit increases and salary adjustment.

Nothing in this article shall be construed to prohibit merit increases or salary adjustments that rectify inequities or accommodate competitive market conditions in specific areas of specialty, including inequities within the rank of full professors at doctoral and master's level institutions: Provided, That funds for such increases and/or adjustments shall be distributed in accordance with rules of the appropriate governing board and shall be available to all state institutions of higher education on an equitable basis.