Netflix is the world's leading streaming entertainment service with 193 million paid memberships in over 190 countries enjoying TV series, documentaries and feature films across a wide variety of genres and languages. Members can watch as much as they want, anytime, anywhere, on any internet-connected screen. Members can play, pause and resume watching, all without commercials or commitments.
Read more about why Netflix is one of the best remote-friendly best places to work.
Source: Netflix Core Values
Benefits at Netflix exist to support the needs of our employees during moments that matter by offering benefits that enhance productivity through the lens of inclusion, so our employees can focus on entertaining the world.
We recognize that one of the most special events in an individual's life is the birth or adoption of a child. Our parental leave policy is: "take care of your baby and yourself." New parents generally take 4 - 8 months.
Our vacation policy is “take vacation” and we actually do. Frankly, we intermix work and personal time quite a bit. Time away works differently at Netflix. We don’t have a prescribed 9-to-5 workday, so we don’t have prescribed time off policies for salaried employees, either. We don’t set a holiday and vacation schedule, so you can observe what’s important to you—including when your mind and body need a break. We believe in working smarter, not harder.
Netflix offers a global family forming benefit to support employees during your fertility, surrogacy, or adoption journey. This benefit is available to employees and their spouse/domestic partner, regardless of marital status, gender, or sexual orientation. Globally, we cover costs for family forming services, including travel for these services.
At Netflix, we know you want to produce work you are proud of. In order to perform your best, you have to feel your best. Mental health is important to your overall health which is why Netflix offers various programs to support you and your dependents. Globally, we provide access to mindfulness and meditation as well as free counseling and coaching sessions.
Medical benefits work differently based on the country you live in. So you may have medical coverage offered through Netflix only, a supplemental plan through Netflix that compliments your local insurance scheme, or you may have a monthly allowance to purchase benefits on your own. No matter what the case is, we make sure that you’re covered.
Living our culture of freedom and responsibility, we don’t want to make the decisions for you around your finances. See below for our philosophies on stock options, compensation, and charitable giving.
Each employee chooses each year how much of their compensation they want in salary versus stock options. You can choose all cash, all options, or whatever combination suits you. You choose how much risk and upside (down) you want. These 10-year stock options are fully-vested and you keep them even if you leave Netflix.
To help us attract and retain stunning colleagues, we pay employees at the top of their personal market. We do not think of these as “raises” and there is no raise pool to divide up. The market for talent is what it is and is not defined by set bands and grades. If your market adjusts, we do not have to wait for an annual compensation event to make changes. We hope through this compensation approach, we can dismantle pay disparities across gender and race.
At Netflix, you have the ability to impact the world through the work you do, revolutizing internet entertainment and sharing great storytelling globally. We realize you may also want to make an impact in a more personal way by giving to charitable organizations you care about. We want to do our part to support you and the organizations important to you through match contributions up to $20,000.
Living our culture of freedom and responsibility, we treat you like an adult and trust you. Everyone has the ability to make an impact, a seat at the table, and is expected to contribute, create, and share. See below on our philosophies around allowing you to do your best work possible and not being held down by unnecessary process.
Our policy for travel, entertainment, gifts, and other expenses is 5 words long: “act in Netflix’s best interest.” We do not have a set travel policy at Netflix. Using our guiding principles of context, not control - you can use judgement to make decisions that are effective to the business and set you up for success. If in doubt, seek to understand.
When it comes to your work schedule, commuting doesn’t always sync up and rush hour can be stressful. Work, not drive partners with a rideshare service that provides you the flexibility and focus on work while you commute.
We are not bound by policies and restrictions of where great talent is located. When Netflix moves you for your new role, from one city, country, to another, we have a Talent Mobility team dedicated to supporting you and your family. We understand that relocating can be multi-faceted and that there is a lot to consider. Our goal is to remove distractions by providing inclusive, fair, and meaningful benefits, which allow our stunning colleagues to settle quickly and focus on their role at Netflix.
Source: Netflix Benefits
The average estimated annual salary, including base and bonus, at Netflix is $145,828, or $70 per hour, while the estimated median salary is $142,504, or $68 per hour.
In addition, at Netflix, the highest paid job is a Corporate Counsel at $350,000 annually and the lowest is an Office Manager at $58,356 annually. Average Netflix salaries by department include: Communications at $228,345, Design at $136,236, Finance at $115,359, and Marketing at $122,444. Half of Netflix salaries are above $142,504.
Lastly, 153 employees at Netflix rank their Compensation in the Top 5% of similar sized companies on Comparably (based on 483 ratings) while 140 employees at Netflix rank their Perks And Benefits in the Top 5% of similar sized companies on Comparably (based on 156 ratings).
Note: Salaries contributed from Netflix employees include job titles like Principal Engineer, Engineering Manager, Senior Developer, and Director of Product. Comparably data has a total of 10 salary records from Netflix employees
The highest reported salary for an employee at Netflix, Inc. is currently $204k / year.
Salary Source: Comparably
The average Netflix Senior Software Engineer in San Francisco earns $200,000 annually, which includes a base salary of $175,000 with a $25,000 bonus. This total compensation is $62,879 more than the US average for a Senior Software Engineer.
In addition, In San Francisco, The Engineering Department at Netflix earns $6,519 more on average than the Legal Department. Comparably data has a total of 2 salary records from Netflix Senior Software Engineers.
Salary Source: Comparably
The average Netflix Senior Marketing Manager earns $270,000 annually. This total compensation is $143,893 more than the US average for a Senior Marketing Manager.
Salary Source: Comparably
Culture memo should be applied to tangible professional elements as well as individuals character and personalities.
-Oct 3, 2022 - Production Coordinator in Los Angeles, CA
Netflix has been a wild and wonderful ride. The people are top notch, the culture is uniquely candid and yet very human, and they are deeply committed to being the most diverse, inclusive and all-around excellent team of humans on the planet.
In addition, I have been consistently impressed, challenged, and inspired every day of my time with Netflx. It has been the most impactful role I have ever taken, and I’ll be leaning on the learnings from my time at Netflix for the rest of my career.
It is not for everyone. If you need stability, clear processes and rules, or structure - Netflix can be a very stressful place. If you are uncomfortable being challenged by a wide diversity of views and having your ideas tested by debate and dissent, this is not for you. The fluidity and pace of change can be really hard for folks who thrive in more orderly and predictable environments.
Continue to invest in leadership, in diversifying the workforce and bringing more voices from more offices outside of the United States into the process, and keep courageous in the face of challenges and competition. Keep leaning into unique stories that only Netflix would have the courage to put onscreen.
-Jul 12, 2022 - Director of Product Design in Los Angeles, CA
The pay when all engineers were senior engineers was higher than most other companies. Most co-workers in the earlier Cloud days were great engineers and extremely helpful.
There is a great deal of politics between Engineering orgs and even within engineering teams. Even with obviously outstanding performance, failing to play politics well will leave you unrewarded, while others with more political savvy will be rewarded for no work at all. Ultimately, the manager is free to be biased for/against employees for any reason at all.
In addition, engineering managers in some orgs tend to be non-technical--only doing project management. Although some non-technical managers might still be good managers, there are some that are horrible, with poor project management skills, and that don't even know what is happening in their own team. Those managers tend to be employed at Netflix for many years.
Secondly, there is no career development support here. It's unlikely that the current management will do any more as new (lower) engineering levels are added.
Thirdly, as for the 360 reviews, it's best to avoid giving significant negative feedback as it makes co-workers defensive. Everyone is afraid of anything negative that can lead to them being fired. HR and management advice on 360 reviews is unrealistic and self-serving. It only helps management since some managers don't know what's happening on their own teams.
Lastly, Netflix is a large company where experiences will differ, depending on which team and organization you work in. If you change teams or managers a few times, though, you'll encounter highly toxic situations. Lastly, for new mid-level prospective employees, avoid Netflix since the lower pay is likely not worth the extreme politics and toxicity.
-Jun 30, 2022 - Senior Software Engineer
gret Culture - Freedom & Responsibility
HighThere is a lot of favoritism that takes place. If you are a hard worker, it almost means nothing if you aren’t a favorite in your org.
-Sep 25, 2022 - Anonymous Employee
Source - Glassdoor Reviews