Resignation & PILON: To Pay Or Not To Pay. - Career - Nairaland
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| Resignation & PILON: To Pay Or Not To Pay. by Apexand: 1:38pm On Sep 13, 2014 |
I'm about to leave a job in which I had been poorly paid for five years. I have only one week before joining the new company. Although I have a clause in my appointment letter which says either party (the company or myself) have to give a month's notice when terminating the appointment OR pay a month's salary in lieu of notice(PILON), I have wanted to tell the company in my resignation letter to remove the PILON from my 2 years leave money(Have not gone on leave in the past two years). Also, if I should decide to pay, do I pay my full month's salary or just the basic pay? I have been giving differing opinions. |
| Re: Resignation & PILON: To Pay Or Not To Pay. by Upspace: 4:18pm On Sep 13, 2014 |
Pay the pilon(payment in lieu of notice). You could need a reference in the future from present employer. |
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