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What is AIG about?

1. AIG instituted a retention bonus plan to encourage employees in its Financial Products unit to stay with the company and help shut down the unit, even though it would result in them working themselves out of a job. 2. When AIG received government bailout money, the bonuses sparked public outrage, though AIG claimed they were contractual obligations. Some employees returned bonuses, while others kept them. 3. Equity theory and the social exchange perspective best explain employees

Author

Vishesh Shrivastava

Language

EN