Taking Care of Yourself

Benefits at Netflix exist to support the needs of our employees during moments that matter by offering benefits that enable every employee to sustain high performance so our employees can focus on entertaining the world.

1. Parental Leave: We recognize that one of the most special events in an individual's life is welcoming a new child. Our parental leave policy is: "take care of your child and yourself." We encourage employees to think about the time they’ll need as a parent and have a conversation with their manager and talent partners to determine what's best for them and Netflix.

2. Time Away: 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. While time away may be observed differently depending on your location and role, we believe in taking the time you need so you are bringing your best to work.

3. Family Forming & Reproductive Health: Netflix offers a global family forming benefit to support employees looking to grow their family, which may include benefits like preservation, fertility, surrogacy, and adoption. These benefits are available to employees and their spouse/domestic partner, regardless of marital status, gender, or sexual orientation.

4. Mental Health: 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.

5. Health Benefits: 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.

Finances

Living our culture of (almost) no rules rule gives employees the freedom to exercise their judgment, we don’t want to make the decisions for you around your finances.

1. Stock Option Program: 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.

• Japanese & Singaporean Candidates: If you are a salaried employee, Netflix will automatically allocate an amount equal to 5% of your annual salary to the SOP at no cost to you. Please see here for a brief overview of the stock option program in Japanese.

2. Personal Top of Market: 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.

3. Employee Giving Program: At Netflix, you have the ability to impact the world through your work, sharing great storytelling globally. We realize you may also want to make an impact in a more personal way by giving to or volunteering with charitable organizations you care about. We want to do our part to support you and the organizations important to you by matching your donations and volunteer time through our Employee Giving Program.

Convenience to Do Your Best Work

Living our culture, 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 for our philosophies around allowing you to do your best work possible and not being held down by unnecessary processes.

1. Expenses and Work-Related Travel: 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 judgment to make decisions that are effective for the business and set you up for success. If in doubt, seek to understand.

2. Work, Not Drive: Work, Not Drive gives you the flexibility to take a call, respond to your emails, and focus on work from a rideshare car on your way to and from the office.

3. Relocation Benefits: We are not bound by policies and restrictions of where great talent is located. When relocating at the request of Netflix to one of our offices, from one city, or 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.