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IBM Scraps Rewards Program for Employee Inventions


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Under the cancelled scheme, inventors who accrued 12 award points were given a $1,200 payout.

Credit: Shutterstock

IBM has canceled a program that rewarded inventors at the company for patents or publications, leaving some angry that they are missing out on potential bonuses.

For years, IBM has sponsored an "Invention Achievement Award Plan" to incentivize employee innovation. In exchange for filing patents, or for publishing articles that served as defense against rival patents, IBM staff were awarded points that led to recognition and potentially cash bonuses.

IBM canceled the program at the end of 2023 and replaced it with a new one that uses a different, incompatible point system.

Those who were not pleased with the points grab sought answers from corporate brass through an internal Slack channel.

From The Register
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