Netflix Offers Employees Unlimited Maternity and Paternity Leave
Writes Tawny Cranz, Netflix’s Chief Talent Officer, on the Netflix blog:
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.
Cranz goes on to say that the new benefit is another way to retain their talented employees. Last year, Bloomberg reported how paid leave has declined in the last decade, which has had a negative effect on women and the U.S. workforce.
Big tech companies with lots of money have added all sorts of notable benefits in recent years as a way to retain employees. In 2012, Google added death benefits that gave surviving partners “50 percent of the deceased’s salary” every year for a decade, and $1,000 a month to surviving children until they reached the age of 19.
Photo: Phalinn Ooi