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How much is the bonus, or what is the range for those bonuses? I remember when I worked at an automaker in the 90s, one of my colleagues got a check for a litt
by bonestamp2 6y ago
How much is the bonus, or what is the range for those bonuses?
I remember when I worked at an automaker in the 90s, one of my colleagues got a check for a little over a million dollars from a cost savings initiative that he suggested. At the time, the company was paying the suggester 10% of any cost savings they would recommend after the first year of savings was accounted. That's pretty significant and motivated a lot of people to implement cost savings.
- GlenTheMachine 6y ago$1000, split between all the patent holders. Like I said, it isn't much. My understanding is that if anything is licensed you can receive a portion of the licensing fees. That's never happened to me.
- bonestamp2 6y agoAh ok, I guess that's good in a way -- it's low enough that it's not worth any reasonable person's time to write a valid patent just for the bonus.