Course description
PILON clauses are an important and often overlooked area. Well-drafted clauses can help smoothly manage the end of a contractual relationship with an employee, and preserve key aspects of the employment contract, like restrictive covenants.
Although PILON clauses are a crucial aspect of the employment contract, this is a complex area fraught with challenges for employers. Evolving case law and new rules around taxation give rise to a number of issues at each stage of the employment relationship.
Presented by Paul Jennings, an employment law specialist who is recommended in Legal 500, this virtual classroom seminar will explore the importance of PILON clauses, how to draft an effective clause, common pitfalls and key common law principles, and the rules around the tax treatment of PILON and post-termination payments.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
Payment in Lieu of Notice (or PILON) clauses are an important and often overlooked area.
Well drafted PILON clauses can help smoothly manage the end of a contractual relationship with an employee, and preserve key aspects of the employment contract, like restrictive covenants.
Although PILON clauses are a crucial aspect of the employment contract, this is a complex area fraught with challenges for employers. Evolving case law and new rules around taxation give rise to a number of issues at each stage of the employment relationship.
In this virtual classroom seminar, find out:
- The importance of PILON clauses
- How to draft an effective PILON clause
- The common pitfalls employers face when dealing with PILON clauses
- The key common law principles in relation to PILON clauses
- The rules around the tax treatment of PILON and post-termination payments
What You Will Learn
This live and interactive session will cover the following:
- How and when to use PILON clauses
- Common errors to avoid
- The tribunal’s and court’s treatment of PILON clauses
- HMRC’s view on PILON and post-termination payments
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...