pancakes

MicrostockGroup Sponsors


Author Topic: hahahaha oh iStock  (Read 9282 times)

0 Members and 2 Guests are viewing this topic.

« on: June 25, 2012, 11:51 »
0
I got this email a week or so ago (I know there's another thread with a similar email):

Hello,

Between January 1-4 a bug occurred which incorrectly dropped your royalty rate by one level, meaning you were paid 5% less on downloads during that period. We have run a script to identify downloads that should have been paid at the higher rate between Jan 1 and Jan 4, 2012. Your account has now been credited with the outstanding amounts. Below is a summary of affected downloads.

    FileID         Amount Paid     Correct Amount   Difference         Date
-----------------------------------------------------------------------------------------------------------------
0003980625          $00.72               $00.78             $00.06        1/2/2012
-----------------------------------------------------------------------------------------------------------------
0013498542          $01.44               $01.56             $00.12        1/4/2012
-----------------------------------------------------------------------------------------------------------------
0017195985          $00.84               $00.90             $00.06        1/4/2012
-----------------------------------------------------------------------------------------------------------------
Total Amount Paid: $0.24


Then today, I got this email:

Hello,

   We have run a script that should have paid out your 2012 Redeemed Credit royalty rate from Jan 1 to Jan 4, 2012 to rectify the royalty change that occurred at that time. Unfortunately this script was processed incorrectly, inaccurate payment and information were sent via e-mail to those affected. We will be removing the incorrect payments made (today - June 22, 2012) and will insure the correct amounts are sent out as soon as possible.

   Total Amount Removed: $0.24.

   We apologize profusely for this inconvenience. If you have any further questions please contact Contributor Relations.

   Best Regards,
   iStockphoto



hahahahaha I can't stop laughing.  What a joke!


« Reply #1 on: June 25, 2012, 12:05 »
0
just got one too :D

« Reply #2 on: June 25, 2012, 12:13 »
0
they truly are a joke

« Reply #3 on: June 25, 2012, 12:23 »
0
I had big plans for that 5c  :'(

« Reply #4 on: June 25, 2012, 12:29 »
0
Same here. The money they gave me last Friday, taken away today.

They sure know how to give you a good weekend feeling but crush you the first day of the following week.

Not amused.

« Reply #5 on: June 25, 2012, 12:41 »
0
Same here. Got a $0.02 correction-correction....ya gotta love it!

« Reply #6 on: June 25, 2012, 12:46 »
0
can they get anything right?

20.00$ removed today, not impressed.

Paulo M. F. Pires

  • "No Gods No Masters"
« Reply #7 on: June 25, 2012, 12:55 »
0
Same email and 0,03$ gone away... Probably will ask for a bailout from IMF...

« Reply #8 on: June 25, 2012, 13:12 »
0
Same here. The money they gave me last Friday, taken away today.

They sure know how to give you a good weekend feeling but crush you the first day of the following week.

Not amused.

that means you must have had more riding on this than my measly $0.24... yea, that does suck.

« Reply #9 on: June 25, 2012, 13:17 »
0
Same here. The money they gave me last Friday, taken away today.

They sure know how to give you a good weekend feeling but crush you the first day of the following week.

Not amused.

that means you must have had more riding on this than my measly $0.24... yea, that does suck.
Well I didn't buy a car or anything from the royalties correction they sent me last Friday but I could almost afford a beer, so I got excited whenever I drove into a parking lot because you often find loose change there and I hoped to get the rest for a little buzz. Fat chance.

Since the email this morning I sobered up perfectly well in a matter of seconds  ;D

« Reply #10 on: June 25, 2012, 15:30 »
0
Errors can occur, in this case twice. What I like about this is that despite the amounts being inconsequential, they go through with telling the contributors about it and then correcting it, and then correcting it again when they realise there was nothing to correct ;D

I can't be sure if the agencies I use are telling me about errors which affect me negatively, unless one day I receive a deposit and an explanation saying that it was because of an error.

« Reply #11 on: June 25, 2012, 16:03 »
0
Goodbye $122.. You were never mine but I enjoyed having you around  :'(

« Reply #12 on: June 25, 2012, 16:05 »
0
Goodbye $122.. You were never mine but I enjoyed having you around  :'(
That sux.

« Reply #13 on: June 25, 2012, 16:18 »
0
Managing a huge agency like this is a complex task, and then you have banks, credit cards, and many more variables. It's not a joke, I actually think that in this respect Istockphoto does its best. One can argue about their royalty rates, but they are very honest about it. That's my experience at least.

« Reply #14 on: June 25, 2012, 17:40 »
0
47.00 here :(

grafix04

« Reply #15 on: June 26, 2012, 00:49 »
0
What a mess  ;D

I can't help believing that this sort of thing happens on all the micros and we never know about it.  iStock's big bungle is a little off-putting but at least it seems like they're being honest about it. 

Tryingmybest

  • Stand up for what is right
« Reply #16 on: June 26, 2012, 10:10 »
0
Managing a huge agency like this is a complex task, and then you have banks, credit cards, and many more variables. It's not a joke, I actually think that in this respect Istockphoto does its best. One can argue about their royalty rates, but they are very honest about it. That's my experience at least.

Yeah, even tyrants have bad days. I feel very little sympathy for them. They are arrogant, out of date and their luck is running out. They better change their ways before it's too late.

Tryingmybest

  • Stand up for what is right
« Reply #17 on: June 26, 2012, 10:12 »
0
I got this email a week or so ago (I know there's another thread with a similar email):

Hello,

Between January 1-4 a bug occurred which incorrectly dropped your royalty rate by one level, meaning you were paid 5% less on downloads during that period. We have run a script to identify downloads that should have been paid at the higher rate between Jan 1 and Jan 4, 2012. Your account has now been credited with the outstanding amounts. Below is a summary of affected downloads.

    FileID         Amount Paid     Correct Amount   Difference         Date
-----------------------------------------------------------------------------------------------------------------
0003980625          $00.72               $00.78             $00.06        1/2/2012
-----------------------------------------------------------------------------------------------------------------
0013498542          $01.44               $01.56             $00.12        1/4/2012
-----------------------------------------------------------------------------------------------------------------
0017195985          $00.84               $00.90             $00.06        1/4/2012
-----------------------------------------------------------------------------------------------------------------
Total Amount Paid: $0.24


Then today, I got this email:

Hello,

   We have run a script that should have paid out your 2012 Redeemed Credit royalty rate from Jan 1 to Jan 4, 2012 to rectify the royalty change that occurred at that time. Unfortunately this script was processed incorrectly, inaccurate payment and information were sent via e-mail to those affected. We will be removing the incorrect payments made (today - June 22, 2012) and will insure the correct amounts are sent out as soon as possible.

   Total Amount Removed: $0.24.

   We apologize profusely for this inconvenience. If you have any further questions please contact Contributor Relations.

   Best Regards,
   iStockphoto



hahahahaha I can't stop laughing.  What a joke!

I got one of those royalty messages too. But no follow up oops message like yours. I think I got to keep mine. Today is Forgiveness Day (June 26). So I forgive them for not taking mine away.  ;D

ShadySue

  • There is a crack in everything
« Reply #18 on: June 26, 2012, 10:16 »
0
Managing a huge agency like this is a complex task, and then you have banks, credit cards, and many more variables. It's not a joke, I actually think that in this respect Istockphoto does its best. One can argue about their royalty rates, but they are very honest about it. That's my experience at least.
Hmmmm
On the other similar issue (different dates), I got an email listing two sales, but I had several more in the appropriate timeframe.
I contacted support, and the support person clicked the box informing me that small sales could be due to very old credits, discount offers, huge buyers getting unadvertised discounts etc.
I wrote back to say that this could not possibly be an answer to my question, which was about the number of dls I had in the affected timeframe, not the amount that was paid for each sale.
I haven't had a reply to that email either. It seems that they don't reply to queries about their original answer.
(Since I wrote, I read that not all sales in the announced timeframe were affected by the bug, so that may be the answer; but that was not the answer I got.)

Paulo M. F. Pires

  • "No Gods No Masters"
« Reply #19 on: June 26, 2012, 14:32 »
0
Managing a huge agency like this is a complex task, and then you have banks, credit cards, and many more variables. It's not a joke, I actually think that in this respect Istockphoto does its best. One can argue about their royalty rates, but they are very honest about it. That's my experience at least.

I understand Your point of view, but making two mistakes followed, by the values ​​that we saw, do not give us a lot of trust. Excluding some exceptions, for that cents, I would prefer live without knowing about it. There a plenty of "bugs" that would help a bit more contributors, if already solved, than a tiny royaltie % adjusment.. that never happen.

And isn't IS exclusive... Something similar happen to me on SS ( downloads not reported correctly ), and they  "effectively" solve the problem.


 

« Reply #20 on: July 11, 2012, 03:57 »
0
Have you noticed that they don't exclude bad keywords any more from files, after resubmitting...?

« Reply #21 on: July 11, 2012, 04:38 »
0
One can argue about their royalty rates, but they are very honest about it.

The redeemed credits system is anything but honest.

Lagereek

« Reply #22 on: July 11, 2012, 05:37 »
0
So whats the big news about this?  if they didnt inform people they go frantic and when they inform people they still go frantic ::) nah, sorry but theyre running a business and its their duty to inform any differances.

come on fellas, stop nitpicking.

« Reply #23 on: July 11, 2012, 06:18 »
0
So whats the big news about this?  if they didnt inform people they go frantic and when they inform people they still go frantic ::) nah, sorry but theyre running a business and its their duty to inform any differances.

come on fellas, stop nitpicking.

I don't think it's about the information, I think it's about the joke of the system and the way they can't keep track of money.

I would never use honest and istock in the same sentence. << Except for that one right there.

I may have seen some adjustments being made at the other 4 agencies, but honestly, I can't remember them. That means they aren't happening all that often. With istock, it happens on a weekly and monthly basis. There is something really wrong with their accounting system.

« Reply #24 on: July 11, 2012, 09:08 »
0
...
come on fellas, stop nitpicking.

It's not news that iStock's accounting is flawed - and I think it's incompetence and terrible IT, not intentional - but with accounts being off, there's no such thing as nitpicking. The money's right or it's not. If it's not, it's typically not as straightforward as you'd think to know if it's off by a lot or a little. Given that they frequently don't appear to know - or at least can't make payments or back payments correctly - we can't rely on it being just a little.

I don't think there's anything specific we can do until/unless we get some solid data to work with. But I don't think it's a nitpick.

« Reply #25 on: July 11, 2012, 09:27 »
0
I wouldn't say these micro-corrections are a bad thing - maybe they show a committment to accurate accounting.   But I sure wouldn't want to be an IT guy at this company, with a pricing and commission structure, and search algoritums,  that are already far too complicated for my puny human brain, and are only likely to become more so.   I have to wonder how many of the technical people within IS actually understand it all? 

« Reply #26 on: July 11, 2012, 11:16 »
0
I wouldn't say these micro-corrections are a bad thing - maybe they show a committment to accurate accounting.   But I sure wouldn't want to be an IT guy at this company, with a pricing and commission structure, and search algoritums,  that are already far too complicated for my puny human brain, and are only likely to become more so.   I have to wonder how many of the technical people within IS actually understand it all? 


or maybe someone is skimming pennies (or salami slicing) like they did in Office Space and Superman 3??  They gotta fund those trips around the world somehow!

« Reply #27 on: July 11, 2012, 11:23 »
0
.
« Last Edit: July 11, 2012, 14:55 by cclapper »

« Reply #28 on: July 11, 2012, 12:41 »
0
...But I sure wouldn't want to be an IT guy at this company, with a pricing and commission structure, and search algoritums,  that are already far too complicated for my puny human brain, and are only likely to become more so.   I have to wonder how many of the technical people within IS actually understand it all? 

Computers are good at dealing with lots of details and massive computations - humans don't have to be able to replicate it, just to understand the algorithm and have enough discipline in their software process to do decent QA.

And you also don't have to have any one person understand everything - that's part of the deal with large software systems. I think many of their choices and pricing schemes are a bad idea, but not because it's complex to manage from the IT end.

And the reason you wouldn't want to be an IT guy with iStock is they give off every sign of having a massive pile of dreadful code that's been band-aided to the point that the only real solution is toss it and start over (which isn't cheap or easy given the circumstances).

I doubt that H&F - or a new private equity owner - is going to want to spend money to put any of this right, however. So as contributors, we're stuck with watching them closely to try and catch their worst eff-ups and pester them until we get some amount that's close to what we're owed.

« Reply #29 on: July 11, 2012, 13:22 »
0


or maybe someone is skimming pennies (or salami slicing) like they did in Office Space and Superman 3??  They gotta fund those trips around the world somehow!


Who needs to skim pennies when you can take from over 50% up to 85%?


For once I am sort of glad I didn't have any sales during that period.

« Reply #30 on: July 11, 2012, 16:00 »
0
...But I sure wouldn't want to be an IT guy at this company, with a pricing and commission structure, and search algoritums,  that are already far too complicated for my puny human brain, and are only likely to become more so.   I have to wonder how many of the technical people within IS actually understand it all?  

Computers are good at dealing with lots of details and massive computations - humans don't have to be able to replicate it, just to understand the algorithm and have enough discipline in their software process to do decent QA.

And you also don't have to have any one person understand everything - that's part of the deal with large software systems. I think many of their choices and pricing schemes are a bad idea, but not because it's complex to manage from the IT end.

And the reason you wouldn't want to be an IT guy with iStock is they give off every sign of having a massive pile of dreadful code that's been band-aided to the point that the only real solution is toss it and start over (which isn't cheap or easy given the circumstances).

I doubt that H&F - or a new private equity owner - is going to want to spend money to put any of this right, however. So as contributors, we're stuck with watching them closely to try and catch their worst eff-ups and pester them until we get some amount that's close to what we're owed.

Well, who knows.  I worked on software for 30 years, although not in this sort of a business.  My admittedly biased opinion is that cr@ppy software is usually caused by requirements that are overly complex, poorly understood and constantly changing.    

I would like to insist on one point, though, which is that I actually do know how to spell "algorithm" [face palm].
 
« Last Edit: July 11, 2012, 16:03 by stockastic »

« Reply #31 on: July 11, 2012, 19:20 »
0
...I would like to insist on one point, though, which is that I actually do know how to spell "algorithm" [face palm].
 

I thought that perhaps "algoritums" was a term of art for algorithms so bad/complex/opaque that you lived on a diet of Tums when working on them :)

There's certainly no shortage of dreadful software around, and bottom line is that it almost doesn't matter why things aren't working - we can't do squat to change it regardless of the inside story. And I wouldn't argue for one minute that complex, shifting requirements that the software team doesn't fully understand is one sure fire way to a bad end result :)

« Reply #32 on: July 11, 2012, 19:31 »
0
[I thought that perhaps "algoritums" was a term of art for algorithms so bad/complex/opaque that you lived on a diet of Tums when working on them :)


Yes, AlgoriTums - antacid pills for software developers.

It bothers me that months go by, and when I look at downloads for a photo I still see "Total royalties: $0.00".    When (seemingly) little things don't get fixed I see an indication that nobody wants to touch the code, because things are in disarray.    

Maybe key people have left, or responsibility for the code was transferred to some other group that embraced it as they would a dead raccoon.
« Last Edit: July 11, 2012, 20:05 by stockastic »

« Reply #33 on: July 12, 2012, 02:09 »
0


or maybe someone is skimming pennies (or salami slicing) like they did in Office Space and Superman 3??  They gotta fund those trips around the world somehow!


Who needs to skim pennies when you can take from over 50% up to 85%?


For once I am sort of glad I didn't have any sales during that period.


They have, in fact, been "penny shaving" for years (I didn't know that term for it until now). All transactions are rounded down to the nearest full penny. With small sums it can make a very considerable percentage difference. If you have a sale that earns you 7.9c and iS "normalises" it to 7c, your percentage is cut from 15% to 13.3% - and as far as I know there is nothing in their terms that permits them to reduce your share in this way but it has been their practice since 95 or 96.
When I point it out (as I have done several times) I usually either get ignored or someone laughs at me for being stupid and mean enough to care about fractions of a penny, though I suspect that if iStock announced it was slicing another percent off commissions there would be uproar.

« Reply #34 on: July 12, 2012, 06:53 »
0
They have, in fact, been "penny shaving" for years (I didn't know that term for it until now). All transactions are rounded down to the nearest full penny. With small sums it can make a very considerable percentage difference. If you have a sale that earns you 7.9c and iS "normalises" it to 7c, your percentage is cut from 15% to 13.3% - and as far as I know there is nothing in their terms that permits them to reduce your share in this way but it has been their practice since 95 or 96.
When I point it out (as I have done several times) I usually either get ignored or someone laughs at me for being stupid and mean enough to care about fractions of a penny, though I suspect that if iStock announced it was slicing another percent off commissions there would be uproar.

Not everyone ignored or laughed at you. It added yet one more thing to my list of reasons to leave, and I did. Most didn't. That means istock/getty got a stamp of approval for the cheating. In fact, they added one more salami slicer (that term cracks me up...thanks for posting the links, jamirae!) to it with the clawbacks.

ShadySue

  • There is a crack in everything
« Reply #35 on: July 12, 2012, 07:30 »
0
I wouldn't say these micro-corrections are a bad thing - maybe they show a committment to accurate accounting.   But I sure wouldn't want to be an IT guy at this company, with a pricing and commission structure, and search algoritums,  that are already far too complicated for my puny human brain, and are only likely to become more so.   I have to wonder how many of the technical people within IS actually understand it all? 


or maybe someone is skimming pennies (or salami slicing) like they did in Office Space and Superman 3??  They gotta fund those trips around the world somehow!


Does anyone know how it works when your 15/whatever% doesn't round to an exact cent - do they always round down, or does it go up or down in the usual manner? I think there was an official answer to that last year, but I can't remember what it was.

« Reply #36 on: July 12, 2012, 08:02 »
0
I wouldn't say these micro-corrections are a bad thing - maybe they show a committment to accurate accounting.   But I sure wouldn't want to be an IT guy at this company, with a pricing and commission structure, and search algoritums,  that are already far too complicated for my puny human brain, and are only likely to become more so.   I have to wonder how many of the technical people within IS actually understand it all? 


or maybe someone is skimming pennies (or salami slicing) like they did in Office Space and Superman 3??  They gotta fund those trips around the world somehow!


Does anyone know how it works when your 15/whatever% doesn't round to an exact cent - do they always round down, or does it go up or down in the usual manner? I think there was an official answer to that last year, but I can't remember what it was.


I'm thinking they always round down, which is why there was a big discussion about it.

lisafx

« Reply #37 on: July 13, 2012, 13:15 »
0

They have, in fact, been "penny shaving" for years (I didn't know that term for it until now). All transactions are rounded down to the nearest full penny. With small sums it can make a very considerable percentage difference. If you have a sale that earns you 7.9c and iS "normalises" it to 7c, your percentage is cut from 15% to 13.3% - and as far as I know there is nothing in their terms that permits them to reduce your share in this way but it has been their practice since 95 or 96.
When I point it out (as I have done several times) I usually either get ignored or someone laughs at me for being stupid and mean enough to care about fractions of a penny, though I suspect that if iStock announced it was slicing another percent off commissions there would be uproar.

Really excellent point.  I have always been bothered by that too.  Just thought I'd double check that you meant 2005 or 2006...?

« Reply #38 on: July 13, 2012, 14:09 »
0

They have, in fact, been "penny shaving" for years (I didn't know that term for it until now). All transactions are rounded down to the nearest full penny. With small sums it can make a very considerable percentage difference. If you have a sale that earns you 7.9c and iS "normalises" it to 7c, your percentage is cut from 15% to 13.3% - and as far as I know there is nothing in their terms that permits them to reduce your share in this way but it has been their practice since 95 or 96.
When I point it out (as I have done several times) I usually either get ignored or someone laughs at me for being stupid and mean enough to care about fractions of a penny, though I suspect that if iStock announced it was slicing another percent off commissions there would be uproar.

Really excellent point.  I have always been bothered by that too.  Just thought I'd double check that you meant 2005 or 2006...?

Lol, yes, my decades are getting a bit confused now that i'm 570 years old. Goes with the territory, i suppose :)

KB

« Reply #39 on: July 13, 2012, 16:23 »
0
When I point it out (as I have done several times) I usually either get ignored or someone laughs at me for being stupid and mean enough to care about fractions of a penny
It's safe to assume (though it might be wrong), that the average sale is rounded down by a half a penny. If the average commission is 20% (obviously I have no idea if it works out that way or not), then they are gaining 20% of half a penny on every sale they make. If they sold 20,000,000 in 2011 as is theorized (give or take a few million), that is $20,000 (if my arithmetic is correct) that is being gained by Getty's use of truncation rather than rounding.

Clearly per contributor it is a tiny amount. But taken as a whole, that's $20K that should be going to contributors that is instead going to Getty.

« Reply #40 on: July 23, 2012, 19:29 »
0
Where's the joke? They identified the errors and are doing their best to repair and inform. This id excellent. If they didn't do anything I'm sure most contributors wouldn't even have noticed. And some companies would be happy to keep this quiet.


 

Related Topics

  Subject / Started by Replies Last post
5 Replies
13780 Views
Last post August 22, 2006, 15:49
by amanda1863
5 Replies
5722 Views
Last post September 12, 2007, 13:08
by michaeldb
17 Replies
8385 Views
Last post February 10, 2008, 15:51
by sharply_done
9 Replies
4786 Views
Last post February 26, 2008, 13:20
by Ziva_K
11 Replies
8503 Views
Last post April 02, 2008, 18:58
by Jimi King

Sponsors

Mega Bundle of 5,900+ Professional Lightroom Presets

Microstock Poll Results

Sponsors