What do a top-rated airline and a furniture manufacturer in Michigan have in common? They asked for it! They asked their employees to contribute new ideas, and saved millions! A survey conducted by the Employee Involvement Association found that 299 members reported saving $2 billion by implementing employee suggestions. American Airlines spends $15 million annually on a suggestion program that saves them $55 million. Haworth, Inc., the Michigan-based furniture manufacturer, saved $6 million in when 75% of their employees contributed new ideas, and nearly half were implemented (Source: John Naisbitt’s Trend Letter).
Here are six tips to make your own employee suggestion program profitable:
- Make it easy for employees to respond to your request. Use pre-printed forms and an easy-to-access drop box for replies.
- Ask for suggestions. Let your employees know that you truly value their opinions and ideas.
- Respond to each suggestion as soon as possible. Let the employee know whether the idea will be adopted, and if not, why not.
- Maintain an awareness of the program by placing periodic reminders in your newsletter, and publishing those ideas selected for implementation.
- Share the profit or savings generated with the contributor of the idea. Award the contributor a one-time bonus, or pay them a percentage of the funds saved or earned during the first year of implementation.
- Make everyone who contributes eligible for prizes and/or other forms of recognition.
Write and tell us your “Quick Tip” success story. If you have a clever and successful tip, we’d like to hear it. If we select your idea to use as a quick tip, we’ll print your idea online or in an upcoming Quick tips calendar or book… Plus we will send you a special gift.
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