First Federal Savings

 

  1. Students should read this case and come to class prepared to discuss the following questions:
  2. Should Gene Rice recommend a bonus for this year even if profits are less than projected?
  3. What will be the impact of Gene's decision on the future motivation of his executives?
  4. What is your evaluation of First Federal's bonus plan?  Would you recommend changes?
  5. How important are bonus systems like the one at First Federal in stimulating effective managerial performance?  Do they create problems?