Scenario:

FutureTech is a tech startup that has grown rapidly in the past five years. Known for its innovativesolutions and customer-centric approach, the company has been able to secure a strong market position.FutureTech is particularly recognized for its vibrant work culture and diverse workforce.The company's staff comprises of various age groups, educational backgrounds, and ethnicities, with amajority being millennials. The roles within the company range from technical and product developmentto marketing, sales, and customer support, each role being crucial in its own way.FutureTech values its client relationships and prides itself on the strong connections it has been able toestablish with its customers. A lot of these relationships are managed by key employees who have beenwith the company since its early days.The company has also seen a steady growth in its client base and hence, the workload has significantlyincreased over the years. This has resulted in longer working hours and increased job stress, especiallyamong the junior and mid-level employees.Despite these challenges, FutureTech has always aimed to provide an engaging work environment withcontinuous learning opportunities, a strong team culture, and various non-monetary rewards. However,as the competition in the tech industry gets tougher, the company believes it's essential to have a fullycommitted and motivated workforce.As a result, FutureTech has implemented the 'Pay-to-Depart' program. This program, inspired by Amazon's'Pay-to-Quit' offer, is designed to ensure only those who are genuinely enthusiastic and motivated remain.Under this program, all employees are given the offer to take $10,000 and leave the company, noquestions asked.According to management, the rationale behind the program is that employees who are not fully investedin the company will take the offer, leaving behind a more dedicated, motivated, and ultimately productiveworkforce. However, there are also rumors among employees that this program is simply meant torestructure the company and help its financial situation.FutureTech has noticed a mix of reactions among its staff after the program's implementation. Someemployees took the offer and left, while others chose to stay. Among those who stayed, the responsesvaried - some seemed more motivated and enthusiastic, confirming the company's hypothesis, whileothers seemed uncertain or even demotivated.The management of FutureTech has identified that a majority of employees who chose to stay aremillennials, many of whom value a sense of purpose, the ability to make an impact, and opportunities forgrowth over just monetary compensation. To ensure that their motivation levels remain high, thecompany is committed to providing an engaging work environment with continuous learningopportunities, a strong team culture, and various non-monetary rewards

Questions:1. In our course, we talked about the model of employee turnover and the main factors that determinejob satisfaction. Based on this information, what factors could influence an employee's decision toaccept or decline the "Pay-to-Depart" offer?

2. What impact could the "Pay-to-Depart" program have on the motivation of employees who chooseto remain in the company? Consider the motivational landscape that might exist after the programis implemented. In your answer, apply and discuss the following motivation theories: Alderfer's ERGTheory and Vroom's Expectancy Theory (as explained in our class lecture).

3. What impact could the 'Pay-to-Depart' program have on the group dynamics of those who choose toremain in the company? Here, you can think about the factors that make a team effective (see ourpre-recorded lecture) and how the 'Pay-to-Depart' program might impact them.

4. What potential negative unintended consequences might the company face by implementing thisprogram? Please briefly discuss these potential negative consequences in the context of the followingconcepts: performance, culture, politics, conflict, and stress

Note: In your answers, provide specific examples and make necessary assumptions to illustrate yourpoints. Remember to clearly state any assumptions you make. For instance, you might have to infer whatmotivates FutureTech's employees, the company's nature, and the perception of the program. Whateverassumptions you make, ensure they are logically consistent with the scenario, and clearly state them inyour responses. These assumptions will then guide your application of theories