Document ID: chunk:federal_register_of_legislation:F2024L00795:reg:19
Version: federal_register_of_legislation:F2024L00795
Segment Type: reg
Provision Reference: reg 19
Character Range: 15028–15684

19  Performance pay
 (1) Unless the Tribunal has consented to the removal of any entitlement to performance pay, a PEO's employing body may establish a performance pay scheme under which the PEO may be paid a lump sum based on assessment of the performance of the PEO over a 12‑month cycle.

Maximum
 (2) The maximum amount available for a 12‑month cycle must not exceed:
 (a) for an office in band A, B or C—15% of total remuneration; or
 (b) for an office in band D or E—20% of total remuneration.

Guidelines
 (3) Performance pay must operate in accordance with any written guidelines issued by the Tribunal from time to time.

Part 3—Superannuation