• Section 1 - Purpose
• Section 2 -  Application
• Section 3 -  Roles and Responsibilities
• Section 4 - Principles
• Section 5 - Staff Eligibility 
• Section 6 - Nature of the Benefit
• Section 7 - Exceptions to Policy
• Section 8 -  Delegations

Section 1 - Purpose

(1) The purpose of this Policy is to outline a framework to provide additional discretionary staff benefits. 

Section 2 -  Application

(2) This Policy applies to staff of the University.

Section 3 -  Roles and Responsibilities

Section 4 - Principles

(3) The Vice-Chancellor's Performance Fund (VCPF) aims to acknowledge and reward the outstanding achievement of academic and professional staff by providing the option for discretionary one-off staff benefits.

Section 5 - Staff Eligibility 

(4) Each year the Vice-Chancellor’s Performance Fund is to be made, the Vice-Chancellor and President will determine staff eligibility.

(5) Staff who are subject to disciplinary action or unsatisfactory performance processes under the Enterprise Agreement in that year are not eligible to receive a benefit. The Digital Workplace page Enterprise Agreements and Employment Conditions (QUT staff access only) provides more information.

Section 6 - Nature of the Benefit

(6) Any year the Vice-Chancellor's Performance Fund is to be made, the Vice-Chancellor and President will determine the nature of the benefit (which may include a monetary sum or paid leave) and timing of the benefit.

(7) Any monetary sum is subject to taxation and is superable.

Section 7 - Exceptions to Policy

(8) Vice-President (People) and Chief People Officer is authorised to approve variations to this Policy in exceptional circumstances. Any such variation will be recorded by Human Resources.

Section 8 -  Delegations

(9) There are no delegations made under this policy included in the Register of Authorities and Delegations.