EMPLOYEES SAVE THEIR FIRMS $2 BILLION
The use of employee suggestion systems to foster quality products and reduce costs is producing results on the bottom line.Skip to next paragraph
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The National Association of Suggestion Systems reported that its member companies saved more than $2 billion in 1991 by responding to employee ideas. Increased employee involvement and improved motivation were other positive outcomes from the programs. Employees made about 1.2 million suggestions, and received $164 million in award payments for their ideas.