A family friend, who is a corporate manager, was telling us about a new concept in handling the burden rate. This is to see clearly how money is spent in different categories.
He called it "open book management." The heads of a company show and explain to the employees the profits and costs. The employees need to understand how the costs of their activities affect the products or services of the company. The employees should know if they are given more incentives or benefits, the company should see cost savings.