How does your company reward intellectual capital?

Ha. No.

The department I manage (which consists of me and two others) came in under budget last year by 20% and was responsible for about a million dollars in revenue.

How were we rewarded? By staying employed.

Bottom line… the company does not reward creativity. The company rewards only those who support a political agenda. Welcome to the USA.

My previous company encouraged suggestion submissions by giving away prizes for all suggestions made. If one was accepted the submitter received 5–10% payback of the amount saved. This program was for hourly only.
Salaried were expected to do that as part of their job. Patent submissions were rewarded by $200 for a submission and $1000 if it was accepted. There was an annual dinner for all inventors. To encourage collaboration you could have as many as 3 people on one patent and each person would get $1000.

@cprevite why did you come in 20% under budget? Could you have used that money to generate even more revenue and profits? My company rewards ideas that are proposed, executed and sustainable through recognition and promotions. All salary associates are given year end bonuses if the company meets it’s objectives and restricted stock is given annually. If your idea or contributions have a big enough impact you may be rewarded through additional compensation.

Yes, the company from which I took early retirement had a program in place for compensating employees for intelligent improvements to systems and procedures when that type development was outside of the scope of their position. Of course, when hired you are required to acknowledge in writing that any invention made by you, the employee, while in their employment, that pertained in any way to the business would become the property of the company. That’s pretty standard.