Showing 2 ideas for tag "fallout money"

Department of Defense

Manage incentives, not just dollars

An organization as large as the US government will never control costs without appropriately aligned incentives for individual employees. The solution to sustained federal cost savings is a shift in focus from management of dollars to management of incentives.

Federal employees squander millions of dollars and justifying it by saying, “If we don’t spend it this year, we won’t get it next year.” This causes a ratchet... more »

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Department of Defense

Incentive to Spend

I work in contracting and it is very clear to me and everyone I've talked to that there is an incentive to spend all the money given, not save it. It's called End of Fiscal Year Spending. If you don't use it, you lose it. This is a problem with the way the budgets are created and dispersed. Any money that you do not spend, money you save, many times gets taken away from next year's budget. This is what has people... more »

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