Employee Project Option Deposit
Productivity
5 years ago
Participants (137)
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When an employee has an idea for a project to improve the company, they have the opportunity to put their money where their mouth is. They could pool money with other employees. The main purpose is to show confidence in the project and ultimately own some of the success. In practice, the executive budget might pay for 90%+ of the project. If deemed successful by an accepted metric (adoption, savings, sales, ...) the employee(s) get a return on their investment. (and a reputation for successful ideas!)
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