NETFLIX will now offer employees a year of paid Maternity/Paternity leave.

Netflix is giving new parents on its payroll up to a year of paid leave in a move that could pressure other technology employers to improve their baby benefits as they vie for talent.
The employee benefit announced Tuesday on Netflix's blog is generous even by the high standards of Silicon Valley, where free meals and other perquisites supplement lavish salaries in the fiercely competitive battle for computer programmers and other technology workers.
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"Netflix's continued success hinges on us competing for and keeping the most talented individuals in their field," Tawni Cranz, the company's chief talent officer, wrote in the blog post. "Experience shows people perform better at work when they're not worrying about home."
Google, which consistently ranks among the best places to work, offers 18 weeks of paid maternity leave. Parents can also take seven to 12 weeks of paid "baby bonding" time during their child's first year.
The U.S. and Papua New Guinea are the only countries among 185 nations and territories that hadn't imposed government-mandated laws requiring employers to pay mothers while on leave with their babies, according to a study released last year by the United Nations' International Labor Organization.
Netflix's baby-benefit policy covers all of the roughly 2,000 people working at its Internet video and DVD-by-mail services, according to the Los Gatos, California, company.
Salaries at Netflix vary widely, according to Glassdoor.com, a website where workers from a variety of industries share information about their compensation. Pay at Netflix ranges from about $15 per hour for customer service representatives fielding inquiries from the company's more than 65 million subscribers around the world to more than $200,000 annually for software engineers.
Most Netflix employees also receive stock options, which have been producing huge windfalls in the past few years as the company's shares have soared. Netflix's stock closed Tuesday at $121.15, nearly 16 times more than its price three years ago.
Netflix traditionally has long given its workers more leeway than most employers. For instance, the company already allows employees to take an unlimited amount of vacation each year, as long as they get their assignments done and fulfill other requirements of their jobs.


Wow unlimited vacation time, and paid a year of paid maternity leave. I want to work for Netflix..

Message edited 8/5/2015 10:18:23 AM.

Re: NETFLIX will now offer employees a year of paid maternity leave.

Statement from Netflix
At Netflix, we work hard to foster a “freedom and responsibility” culture that gives our employees context about our business and the freedom to make their own decisions along with the accompanying responsibility. With this in mind, today we’re introducing an unlimited leave policy for new moms and dads that allows them to take off as much time as they want during the first year after a child’s birth or adoption.

We want employees to have the flexibility and confidence to balance the needs of their growing families without worrying about work or finances. Parents can return part-time, full-time, or return and then go back out as needed. We’ll just keep paying them normally, eliminating the headache of switching to state or disability pay. Each employee gets to figure out what’s best for them and their family, and then works with their managers for coverage during their absences.

Netflix’s continued success hinges on us competing for and keeping the most talented individuals in their field. Experience shows people perform better at work when they’re not worrying about home. This new policy, combined with our unlimited time off, allows employees to be supported during the changes in their lives and return to work more focused and dedicated.

Message edited 8/5/2015 9:24:39 AM.

NETFLIX will now offer employees a year of paid Maternity/Paternity leave.

Wow! That's amazing!

Re: NETFLIX will now offer employees a year of paid Maternity/Paternity leave.

Re: NETFLIX will now offer employees a year of paid Maternity/Paternity leave.

I love this and I hope it catches on!

NETFLIX will now offer employees a year of paid Maternity/Paternity leave.

This is awesome! But Netflix has a very unique culture. I'm pretty sure employees have unlimited personal days also. They only hire and keep "high performers." In general, high performers don't take advantage and use their days responsibly so it all works out for them in the end. This is awesome though, more and more new companies are adopting this business model. Hopefully it will be the norm one day soon!

NETFLIX will now offer employees a year of paid Maternity/Paternity leave.

now i want to work for netflix and have another baby!

NETFLIX will now offer employees a year of paid Maternity/Paternity leave.

That's fantastic!!

NETFLIX will now offer employees a year of paid Maternity/Paternity leave.

That's amazing! I wish more companies would do this.

NETFLIX will now offer employees a year of paid Maternity/Paternity leave.

This is awesome, I hope more companies will follow and ensure a strong family value culture.

NETFLIX will now offer employees a year of paid Maternity/Paternity leave.

Very cool. Hopefully this catches on. I would be grateful just for the 12 weeks paid at my company. We get nothing but the STD. It's tough!

Re: NETFLIX will now offer employees a year of paid Maternity/Paternity leave.

NETFLIX will now offer employees a year of paid Maternity/Paternity leave.

I also found this part of the cut/paste to be outstanding!!!

"Roy Rogers targets expansion, hopes to open LI locations"

Re: NETFLIX will now offer employees a year of paid Maternity/Paternity leave.

NETFLIX will now offer employees a year of paid Maternity/Paternity leave.

Very similar to what Virgin Airlines has been doing.

NETFLIX will now offer employees a year of paid Maternity/Paternity leave.

They're taking a cue from countries in Northern Europe who are looking to increase their fertility rates and offer such incentives. Not like we need to raise TFR here in the US but these are countries with progressive family values and relatively low crime. Silicon Valley seems to want that type of lifestyle there. Kudos to them!

Re: NETFLIX will now offer employees a year of paid Maternity/Paternity leave.

Re: NETFLIX will now offer employees a year of paid Maternity/Paternity leave.

Microsoft changed it's leave also!

LINK