AIG's Bonus Payments Controversy and its Decision to Adopt the 'Forced Ranking' System|Human Resource|Organization Behavior|Case Study|Case Studies

AIG's Bonus Payments Controversy and its Decision to Adopt the 'Forced Ranking' System

            
 
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Case Details:

Case Code: HROB143
Case Length: 14 Pages
Period: 2009-2010
Organization: American International Corp, Inc. (AIG)
Pub Date: 2011
Teaching Note: Not Available
Countries: US
Industry: Insurance

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This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.



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Excerpts

Background Note

AIG is a holding company with a wide network of subsidiaries that engage primarily in insurance and its related activities.As of 2010, it operated in more than 130 countries , which made it the largest..

AIG's Generous Bonus Payout Raises Concerns

Soon after a bailout of US$173.3 billion by the Federal Reserve Bank of New York in the year 2008 that saved AIG from bankruptcy...

Human Resource and Organization Behavior | Case Study in Management, Operations, Strategies, Human Resource and Organization Behavior, Case Studies

AIG's Generous Bonus Payout Raises Concerns

Soon after a bailout of US$173.3 billion by the Federal Reserve Bank of New York in the year 2008 that saved AIG from bankruptcy, AIG announced that a sum of US$165 million would be...

AIG's Employee Retention Plan Of 2008

The Employee Retention Plan designed for AIG’s Financial Products department was effective from December 1, 2007. One of the objectives of the Plan was to...

AIG Revamps Its Bonus System

While AIG was making efforts to get back the bonuses paid to the executives, the government on its part, under the TARP planned to tax 90%...

Excerpts cont...>>


 

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