24.03. An employer who does not give the notice prescribed in section 24.01 or who does not respect the time for giving the notice shall pay the employee a compensatory amount equal to his regular wage, without taking into account overtime hours, for a period equal to the period of the duration or remainder of duration of the time of notice to which the employee was entitled.
The compensatory amount shall be paid at the time employment is terminated or at the beginning of a layoff scheduled for more than 6 months or on the expiry of a period of 6 months from a layoff for an undetermined length of time or scheduled for a duration less than 6 months but that exceeds that duration.