KPMG has a new way of pushing staff to make breakthroughs using AI — handing out cash prizes

KPMG is offering cash bonuses for staff who make AI innovations.

Mike Kemp/In Pictures via Getty Images

• KPMG is launching an awards program to incentivize consultants to innovate with AI.
• A US executive told Business Insider it is handing out cash prizes to employees with the best ideas.
• The prizes will be bigger than end-of-year bonuses, Rob Fisher, KPMG's US vice chair of advisory, said.

KPMG is betting that a well-placed carrot, in the form of cash prizes...