Under Budget Reward

Create incentive and reward for being under budget while still providing quality outcome. The current budget system often encourages people to waste money at the end to reach projected figures. When cuts come it is often as a percent of previous budgets, so the higher more wasteful budgets feel less pain than the efficient smaller ones. Change the system to reward being under budget. Allow a percent of the money saved to immediately reward those who saved it and the remainder to act as a credit buffer against future cuts. Shift the focus to reward being under budget.

Why Is This Idea Important?

reduce current incentive to waste or over budget



28 votes
Idea No. 826