r/todayilearned • u/EtOHMartini • 27d ago
TIL that philanthropist and engineer Avery Fisher was motivated to start his own company after, identifying a way to save his employer $10,000 a year, was immediately denied a $5/week raise.
https://en.wikipedia.org/wiki/Avery_Fisher
33.0k
Upvotes
18
u/Mazon_Del 27d ago
At Raytheon when I worked there we had a policy that if you had an idea for a technology, the company would help you spend your unpaid time working on it and would only charge you the bare minimum for resources from their stockpiles, help you file for patents (which they got, not you), and for a technology you invented that got them a billion dollar contract, the following breakdown is your reward.
Had two ideas during my time there that got people super excited, started looking into the whole process and realized that I'd have to pay everything myself, I'd spend hundreds of hours of unpaid time, and I'd at best only get a measly $3,000 for my work (which likely wouldn't cover my costs) while the company stood to make obscene amounts of wealth from it?
Yeah no. I immediately stopped.