Netflix Benefits

4 out of 5 (9 comments)
Most talked about benefits
  • Health Insurance

    "As mentioned earlier. It's a nice simple payment structure. But if you have a family what they give you to cover it will probably not be quite enough." (4 comments)

  • 401K Plan

    "There's a bit of a match which is a rare bonus these days. Easy to manage via 401k.com" (3 comments)

  • Free Lunch or Snacks

    "Solid selection, plenty of food. You never go hungry working there." (3 comments)

Benefits Summary

  • High % reporting
  • Medium % reporting
  • Low % / No reports
  • * Employer Verified

Insurance, Health & Wellness

Financial & Retirement

Family & Parenting

Vacation & Time Off

Perks & Discounts

Professional Support

  • Diversity Program
  • Job Training
  • Professional Development
  • Apprenticeship Program
  • Tuition Assistance

Employee Comments

  • Mar 7, 2015
    Former Employee in Los Gatos, California

    Base salary and bonus are all combined into one compensation amount and you get to choose how much of that you want to allocate to purchasing stock options, so there is higher risk, but much higher reward if the stock goes up. Each employee receives a specific amount to spend on health insurance and if the plan you select costs less than the amount given by the company, then you receive the remaining amount as extra income.

  • Dec 28, 2014
    Former Senior Software Engineer in Los Gatos, California

    There are a good set of benefits and the simplicity of medical coverage is very nice. They give you a fixed amount per year added to your salary to pay for medical coverage. You pick your plans from a decent selection.

    The downside is that single folks end up getting some bonus pay and those with families and up having to spend some salary on medical coverage.

  • Dec 12, 2014
    Current Senior Manager, Consumer Insights in Los Gatos, California

    The best thing is that the base pay is very high, instead of having to rely on bonuses, and the money for health insurance is amazing.
    The worst is the complicated stock options plan, which, even though they overhauled for next year, is incredibly confusing and misleading.

  • Dec 11, 2014
    Current Senior Engineering Manager in Los Gatos, California

    Netflix has all the standard benefits of Silicon Valley. 401k matching, health insurance, deals on local gyms, free lunch every day. They have a more unique stock option purchase program, where, like RSU's, you can devote a portion of your salary to stock purchasing on a regular basis, but differently than RSU's, it's purchasing options. Their base salary is the best in the industry. They don't give out stock. They don't have bonuses.

  • Nov 24, 2014
    Current Senior Software Engineer in Los Gatos, California

    Unlimited time off.
    Insurance (health, life) is covered at a high premium by the company. They pay for my monthly cell phone plan.
    Lunch is provided by the company.

  • Nov 15, 2014
    Former Cloud Persistence Engineer in Los Gatos, California

    "Generous Severance Package", as advertised in the culture deck, is not that generous compared to other Silicon Valley high-end employers.

  • Sep 29, 2014
    Current Coordinator in Los Gatos, California

    Does not apply to contract.

  • Aug 23, 2014
    Current Employee in Los Gatos, California

    No limit on vacation. Benefits are minimum which is compensated with high salary

  • Jul 30, 2014
    Former Employee in Los Gatos, California

    Good benefit choices, high salary

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