Stanislov Is Terminated as a Result of an Economic Downturn

question 17

Essay

Stanislov is terminated as a result of an economic downturn.He is given a severance package that includes monies owing for all statutory obligations.He is told that by cashing the cheque, he waives any and all right to sue his employer for further sums.Is this correct?

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Definitions:

Positive Reinforcement

A term from reinforcement theory, positive reinforcement refers to the situation in which a behavior is followed by positive consequences and thus is likely to be repeated.

Punishment

The imposition of a penalty or consequence as a result of a person's actions or behaviors, intended to reduce or eliminate those behaviors.

Intrinsic Motivation

The drive to perform activities for their own sake and for the internal satisfaction and fulfillment they bring, rather than for external rewards.

Expectancy Theory

A motivation theory stating that an individual's motivation is influenced by the belief that effort will lead to performance and performance will lead to desired rewards.