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Employees have ideas, too - here's a way to 'harvest' them Posted by Customer Passion LLC | March 28th, 2006

The co-founders of Rite-Solutions focus on an internal market where any employee can propose that the company acquire a new technology, enter a new business or make an efficiency improvement. These proposals become stocks, complete with ticker symbols, discussion lists and e-mail alerts. Employees buy or sell the stocks, and prices change to reflect the sentiments of the company’s engineers, computer scientists and project managers — as well as its marketers, accountants and even the receptionist.

Filed under Employee Retention Strategy and Motivation & Job Satisfaction.

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