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Giving and Accepting Notice
If the employer or employee wishes to end the employment relationship they must give each other notice.
Pay in Lieu of Notice (PILON)
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.
Management Statement & Financial Memorandum (MSFM) (October 2019)
Key Governance Documents
This Management Statement and Financial Memorandum (MSFM) has been drawn up by the Department for the Economy, sponsor Department, in consultation with the Labour Relations Agency. The document is based on a model prepared by the Department of Finance (‘DoF').