Posted on 08/05/2015 3:24:15 AM PDT by SoFloFreeper
Netflix is to give employees unlimited maternity and paternity leave during the first year after the birth or adoption of a child, it has been announced....
...Parents can return part-time, full-time, or return and then go back out as needed. We’ll just keep paying them normally.”
This is in stark contrast to the US’s maternity leave legislation, which mandates for a mere 12 weeks of paid leave. Paternity leave isn’t legislated for at all....
(Excerpt) Read more at siliconrepublic.com ...
It says that all employes have an unlimited leave option, so I assume that will hope to keep down resentment. Millennials care very much about work/life balance and not as much about other employment perks that have been more traditional valued. It is likely that Netflix has cut away some forms of compensation that was unused in order to fund this. I’d like to know if it is only for salaried employees or if hourly employees also get this. If it’s salaried only, how many people adopt or have a baby each year? Do they need to do some work at home, do they have to be a full-time employee for a certain length of time before taking maternity/paternity leave, etc. etc.
The headline screams that they are conducting some socialist type experiment will cause the sea levels to rise for the rest of us, but it is probably more limited in real life. How many employees fit the criteria each year? How much free advertising and word of mouth, as well as employee loyalty do they get from this move? They get kudos from a lot of people who go, “Wow! Paid maternity leave for a year!” without actually doing much but juggling numbers. I expect to see more of this in the next few years, and less of more traditional compensation packages.
Flush with cash, and competing against a whole bunch of other tech companies that are also flush with cash. Seems a pretty smart way to compete for 20- and 30-something talent.
I blame the schools. Americans today believe what they hear out of the mouths of politicians and executives. If a presidential candidate says he's going to do X, Y, and Z, then the people believe he has the ability to do exactly that, regardless of the real civics behind our form of government.
Likewise, if Americans hear that a tech company awash in cash with a small worker footprint can offer employees unlimited X, Y, and Z, then Americans believe that every company has the coin to do exactly that.
Our nation has become a continent of useful idiots.
I mainly seek out the old stuff - classic movies, etc. Also, I’m also interested in historical documentaries, outdoors and nature shows and BBC period pieces.
So I don’t run much into the modern PC stuff.
Yes, I agree.
The next Price-type company to go bankrupt.
Good point. Just keep fathering children. With a series of different women. Do that for the next 40 years. What a deal!
Next up: Netflix announces rate increase to $20/month . . . .
Paternity leave is an affront to masculinity.
As aside, we just rented the movie Dragonslayer from Netflix.
It was as if it was made by a foreign culture.
Although made in 1981, it still offers glimpses of the world that has since past us, and the values we no longer hold. Chivalry, for instance.
It’s crazy how the values of the masses are so incredibly malleable that they can be utterly transformed and destroyed in a single generation.
I am the only person I know who actively tries to model my morality and norms after those of my grandparents. I figure if it was good enough for them and their immediate ancestors going back a hundred years it’s good enough for me and my family in 2015.
Come on, it’s for the children !
Even businesses are going mad.
It used to be that the building of an opulent corporate headquarters represented the high-water mark for a company. Now it seems to be some stupid compensation policy.
But do not be hopeful. Last time NETFLIX tried to gouge their customers there was a revolt. You could tell Netflix executives have a "tin ear".
I worked for a company that had unlimited sick leave. It was abused until they gave 5 days PTO instead.
Only idiots turn business into an academic exercise.
This is the law in virtually every country but ours.
A business contact of mine learned this, much to his chagrin, when he opened a branch in Canada and his newly hired salesperson quickly hit him up for 12 weeks of mandatory paid paternity leave.
When an employee is absent, for up to a year, someone has to pick up the slack. That is usually one person, maybe two who split the duties. So, for that one person to squirt out a kid and take a year off with pay someone else has to work for two and get paid for only one.
What happens when two or three go out, staggered over a year period? That is the making for disaster and how long will the double-tasked employees put up with it before they bail?
Now completely. A day or three when the baby is born is great. The ability to take a few odd days when necessitated by the baby is also great.
The idea that one has to immerse himself in fatherhood 24/7 for weeks or months is an affront - man is traditionally the breadwinner in the family, and sacrifices some time spent with his child in favor of supporting the child.
I wonder how many same-sex partners will claim paternity leave.
Argh! “Not completely”!
Netflix will stop hiring child bearing women.
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