PPRuNe Forums - View Single Post - IAG: BA restructuring may cost 12,000 jobs
Old 27th Jul 2020, 11:37
  #1368 (permalink)  
TURIN
 
Join Date: Feb 2002
Location: UK
Age: 58
Posts: 3,520
Received 206 Likes on 115 Posts
Christopher Robin

Statuatory plus Pay In Lieu Of Notice (PILON).

That figure will depend on your age, how many years worked at different ages plus the notice period. Three months seem to be the norm here. Gov website has a calculator that will work it out for you. I was quite surprised that even though I have been in full time employment for forty years I hadn't hit the cap.
TURIN is offline