老司机午夜福利

GLOSSARY

Payment In Lieu Of Notice definition

/pe瑟m(蓹)nt/ /瑟n/ /lju藧,lu藧/ /蓲v,(蓹)v/ /藞n蓹蕣t瑟s/

What does Payment In Lieu Of Notice mean?

Payment In Lieu Of notice (鈥楶ILON鈥) clauses give the employer the express right to make a payment instead of giving notice, allowing the employee鈥檚 immediate termination and removal from the workplace. In the absence of a contractual PILON, employees may remain in employment for the notice period and be paid for it, and attempted summary dismissal will be ineffective unless the employee accepts that repudiation.
Express PILON clauses also preserve post-termination restrictive covenants. Even without a PILON clause, an employee may be willing to accept a non-contractual payment in lieu of notice to bring their employment to an early end.

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