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Entries Tagged as 'What does payment of salary in Lieu of Notice mean?'

What does payment of salary in Lieu of Notice mean?

March 14th, 2009 · 17 Comments · Basic Rate of Tax, Compromise Agreements, Contract of Employment, National Insurance Contributions, Payment in Lieu of Notice, Payment of Normal Salary

A number of employees that we come across do not seem to know the meaning of  payment in lieu of notice. What does it mean? It means that your employer is paying you upfront so you do not have to work out your notice period. So, for instance, if you have a 3 months’ notice period […]

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