Payment In Lieu Of Notice

Payment In Lieu Of Notice (PILON) definition

/peɪm(ə)nt/ /ɪn/ /ljuː,luː/ /ɒv,(ə)v/ /ˈnəʊtɪs/

What does Payment In Lieu Of Notice mean?

Payment In Lieu Of Notice (‘PILON’) clauses give the employer the express right to make a payment instead of giving notice, allowing the employee’s 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.

Payment In Lieu Of Notice explained

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.

Variances

PILON
Payment In Lieu Of Notice Clauses
PILON clause
PILON clauses

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