I was laid off in the last round and will be taking the severance happily. Meanwhile I have a couple of patents pending, does anyone knows you get the money later on when they are published or not? or how does this work?
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Fairness has nothing to do with it. You will definitely not get paid.
PS:there will be voices saying they belong to Cisco
Well prove it, show a judge they were created during my work at Cisco
Yes knowledge to create them was gained during my work at Cisco
Actual implementation will be off the Cisco computers and when I am off their pay tab.
If they have anything to say after they LR me they will have to explain to a judge why, if I held info that they pretend is important to them, they let me go :-)
So what does actually qualify for a patent in Cisco?
Can a new app be eligible for that ?
I am holding on a few like this exactly for the reasons shown below
Your achievements do not matter so why bother ?
I am holding on them exactly because they will be my exit strategy.
I had a handful of patents granted and some still pending (published applications) when I was LR’d. Never saw another dollar after they discarded me. My name is still on them though. I knew when I got crazy rsu amount I would have a target in my back.
FYI, some of them had to do with AI. Only mentioning because I just laugh at what Cisco feeds to press about their AI goals
@cw how much do they pay ?
Discuss it during your exit interview. If the patents have been accepted by the internal reviewers, it's fair you get compensated.
Yes, you get the stock options for the patent after the patent gets published ( granted). It comes in as RSUs. As you may know it takes about 3 years on average for a parent to get granted after prior art checks and other processes. I left Cisco about 3+ years ago and I still receive the RSUs in Schwab each time one of the patents I authored or coauthored gets granted.
So you're smart enough to (allegedly) be attached to a patent application, but you also think that someone reading this ridiculous board can answer your question (and apparently you don't know how to find the answer internally)?
If you are US based can you share what the package is?
You get credit (named) for the patent, but no money.