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How to Reward Great Ideas

document Crowdfunding, Distributed Knowledge, Open Innovation
Summary
Your employees may never say no to a bonus, but that doesn't mean it's the ideal way to credit their work. Examples from Foursquare and other innovative companies show how to make your rewards as creative as the ideas they're rewarding.

Description
Reward your employees' great ideas by taking the following tips into consideration:

Before You Start Rewarding, Foster an Innovative Culture

Points, Prizes, and Other Perks

Create a Culture of Acknowledgement

No Two Employees Are Alike

Give More to Get More out of Your Workers

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