Inovation, a way to fight the crisis

An interesting model to increase employee´s awareness and to push for their ideas and creativity, is the scheme implemented by Holmen and reported in the last Holmen Report.
Any employee can submit an idea and Holmen Paper receive more then 170 suggestions per year.
The suggestions are scrutinized by management with the Unions involvement. For the suggestions that are considered useful, there is a reward in the compensation, which is calculated by the difference between investment and first year profit. This means for Holmen a one year payback of the investment and for the employee a bonus in his compensation.
This is a “win-win” relation, keeps motivation high and creates a climate of transparency.

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