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- Let us notice that an analogue to pivoting concept in higher rank Lie groups has been established within the recent exciting work Pén24, but it is not clear if it might be applied, and we don’t use it on this paper.
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From 1 July 2026, all employers will use qualifying earnings (QE) to calculate each the tremendous guarantee (SG) amount and the tremendous guarantee cost (SGC). So, let’s say you score a bonus for the awesome work you’ve carried out throughout your regular work hours. Underneath the superannuation assure (SG) guidelines, in case your bonus counts as ‘qualifying earnings (QE)’, then your employer has to make an excellent contribution for that bonus.
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If there is no written settlement, the worker might be entitled to a bonus via ‘customized and practice’. In this situation it is not all the time clear if the bonus is discretionary or contractual. If it’s not clear whether a bonus is discretionary or contractual, it’s a good suggestion to get legal advice. If a discretionary bonus scheme has unclear terms or wording, it could possibly be interpreted as being contractual. Employers providing a discretionary bonus ought to say clearly that it’s not a contractual right.
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