this post was submitted on 18 Jan 2024
343 points (99.1% liked)
Technology
60052 readers
3783 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
This is the best summary I could come up with:
Exclusive IBM has canceled a program that rewarded inventors at Big Blue for patents or publications, leaving some angry that they are missing out on potential bonuses.
By cancelling the scheme, a source told The Register, IBM has eliminated a financial liability by voiding the accrued, unredeemed credits issued to program participants which could have been converted into potential cash awards.
We're told that IBM's invention review process could take months, meaning that employees just didn't have time between the announcement and the program sunset to pursue the next plateau and cash out.
Citing the revised award scheme, one question read, "Do we allow customers to unilaterally cancel the payment schedule after work has been delivered?"
We're told these represented the most upvoted questions submitted to the CEO's recent monthly Office Hours meeting, but the response was evasive.
A former IBMer reports that a colleague still with Big Blue said, "My opinion...the invention award program was buggered a long time [ago].
The original article contains 471 words, the summary contains 161 words. Saved 66%. I'm a bot and I'm open source!
Bigger companies are forced to do such programmes. I was working on a software tool for managing these ideas.
The problem I see here, is the software was boring, the project was boring and the users in charge are bored, too. There is hardly anyone who takes the process serious.
I'm not surprised, by IBM's decision. However, I think they waste a lot of potential by not listening properly to their employers.