[§304A-1002]  Faculty; classificationschedule.  The board of regents shall classify all members of the facultyof the university including research workers, extension agents, and allpersonnel engaged in instructional work as referenced in section 76-16, andadopt a classification schedule and compensation plan for these employees.

Annual increases of compensation shall beallowable for efficient service, and the board of regents shall adopt a fairand reasonable plan for rating the efficiency of individual employees affectedby this section. [L 2006, c 75, pt of §2]