« Back to Glossary Index

A lump sum payment refers to the way that money is paid all at once, in a lump sum. With respect to pay in lieu of notice, this amount can be paid via a lump sum, salary continuance, or a combination of the two.  Employee’s typically prefer lump sum payments, as there is value in getting a chunk of money all at the same time.

« Back to Glossary Index

Contact Us

Thank You For Your Interest. Kindly Complete The Form Below. Our Client Services team will be in touch with further information about our fees and intake process.

Subscribe To Our Newsletter

By clicking “Subscribe”, you consent to receive emails from SpringLaw and you acknowledge that you understand that you can unsubscribe at any time.