https://www.lra.org.uk/hours-and-pay/pay-and-wages/pay-lieu-notice-pilon
Pay in Lieu of Notice (PILON) | Labour Relations Agency - Official
Apr 30, 2019 - A payment in lieu of notice is made in circumstances where an employee is not required to work their notice period but is paid a sum of money instead.
pay in lieu of noticelabour relations agencypilon