When an organization involves its many employees in the budgeting process in a meaningful way, the organization is said to be using an approach most commonly known as:

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Participative budgeting involves involving employees in the budgeting process in a meaningful way, allowing them to contribute their ideas and expertise to the budgeting process. Budgetary slack and budget padding refer to practices that involve inflating budget estimates and are typically viewed negatively. Imposed budgeting refers to a situation where a budget is imposed on employees without their input. There is no commonly used term called employee-based budgeting.

When an Organization Involves Its Many Employees in the Budgeting