The bonus that wasn’t out at millennium company

Mhd Sarif, Suhaimi and Zainudin, Dolhadi and Ismail, Yusof and Firmansah, Yayan and Yahya, Rohaziah (2025) The bonus that wasn’t out at millennium company. IIUM Journal of Case Studies in Management, 16 (2). pp. 57-68. ISSN 2810-2327 E-ISSN 2710-7175

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Abstract

This case presents a challenge for Zulkarnain Bakar, an industrial relations analyst at Nusantara Equity Consultants (NEC), tasked with advising Millennium Company—a renowned food manufacturing firm—after its controversial decision to withhold staff bonuses in the pandemic year. Known for a harmonious partnership with the Union of Factory Workers (UFW) and a tradition of shared rewards, Millennium now faces mounting pressure from its union and internal stakeholders to balance contractual integrity with survival. The case requires Zulkarnain to examine the interplay between organizational values, collective bargaining agreements, legal frameworks, and ethical leadership. Should Millennium prioritize immediate contractual fulfillment, or adopt a stance of sustainable stewardship for long-term employment and stakeholder trust? The analyst must integrate legal, ethical, and socio-economic considerations to propose a path forward for all parties

Item Type:	Article (Journal)
Uncontrolled Keywords:	Collective bargaining, collective agreement, industrial relations.
Subjects:	BPH Islamic Economics > BPH830.3 Social systems. Urban groups. Cities and towns. Sustainable urban development H Social Sciences > HF Commerce > HF5001 Business. Business Administration > HF5387 Business ethics
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Kulliyyah of Economics and Management Sciences > Department of Business Administration
Depositing User:	Dr Suhaimi Mhd Sarif
Date Deposited:	09 Sep 2025 11:31
Last Modified:	09 Sep 2025 11:31
URI:	http://irep.iium.edu.my/id/eprint/123118

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