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IBM scraps rewards program for staff inventions, wipes away cash points

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. For years, IBM has sponsored an "Invention Achievement Award Plan" to incentivize employee innovation....

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