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1. Employees should be rewarded on percentage basis instead of giving them a flat amount. It would be preferable to reward them a percentage in the range of 2% to 5% out of the total profit earned in the first 3 years, if profits are earned due to their suggestion.
2. It would be preferable to prefix a limit on the reward given to employees on implementation of their suggestion. The total reward paid in the first three years should not exceed the maximum limit of preferably $10, ...