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How will my pay change if my job classification is upgraded?

If a job classification is upgraded to a higher pay grade, all employees within the job classification shall be placed in the higher pay grade at the equivalent step amount (salary). However, if there is no equivalent step amount (salary), then the employees shall be placed at the next highest step. If any increase as a result of an upgrade exceeds step 20 pay of the new job classification pay grade, then employees shall be placed at step 20.