I have been at my current employer for 16 years, and in that time I have received I think 3 performance-related discretionary bonus payments, most recently for the income year being taken in to account for my annual review calculation.
I am sure I read somewhere some time ago that bonuses only count in the maintenance calculation when they are regular payments, and that one-off bonuses like mine can be deducted from the income figure used for the calculation, however I can't find that advice anywhere now.
Anyone there with knowledge about this ?
If your bonus takes you over 25% above the amount that you were assessed on last year, it will also trigger a retrospective award for the last(current) year. So back pay plus the new award for next year.
If it does not go above the 25% then it will only be included in the new assessment they make for your next year moving forward.
Thanks Yoda and Rabbit.
I must be mistaken then because I was sure I had read somewhere that 'one-off', i.e. rare bonus payments could be removed from the income figure used for the calculation (subject to variation claim and sufficient evidence provided), but try as I might I cannot find that info again anywhere.
No it doesn't breach the 25% threshold ...