2 years ago
Pay in lieu of notice
Hi
We have several employees that are being made redundant as of the 31/3. They are being paid a redundancy pay plus paid in lieu of notice. As this is the end of the financial year and they are being paid out in lieu of notice (which would be the month of April) do I need to pay them their notice period as a seperate pay in the new financial year?
Having looked at previous messages, I'm thinking I need to pay 3 pays
1. Redundancy
2. Normal - final pay
3. Payment of notice period
Could someone please confirm this is correct?
Thank you.