Being a salaried employee with Netflix seems pretty sweet. I wonder how much toe your average joe envelope stuffer gets to dip in the pool of perks. Business Week has a great "behind the scenes" look at Netflix HR model.
Hastings pays his people lavishly, gives them unlimited vacations, and lets them structure their own compensation packages. In return, he expects ultra-high performance. His 400 salaried employees are expected to do the jobs of three or four people...
Netflix, which hands out salaries that are typically much higher than what is customary in Silicon Valley, is unabashed in its we-pay-above-market swagger. "We're unafraid to pay high," says Hastings....
When it comes to paychecks, Netflix is arguably going where no public company has gone before. Employees are free to choose annually how much of their compensation they want in cash vs. stock. "Take as much vacation as you want." Last year, engineering manager Aroon Ramadoss took off five weeks to go to Europe with his girlfriend. He plans on taking another extended vacation next year in Brazil.
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