Netflix

  www.netflix.com
  www.netflix.com
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12 people found this helpful  

Netflix is a great place to work for a couple of years and get on your resume, then leave for the next opportunity

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Manager in Beverly Hills, CA
Current Employee - Manager in Beverly Hills, CA

I have been working at Netflix

Pros

- Netflix treats their employees like adults, giving them both "freedom & responsibility" (a favorite company catchphrase) to do their jobs. Not hampered by lots of processes or structure, employees are empowered to find the best and most direct solutions to their problems
- Great work environment that's casual but high performance. The emphasis is on results, and not on face time in the office. If you need to take time off or work from home, you can, as long as your work gets done
- Full of really smart, fun people. You get the chance to work with a lot of highly competent and impressive employees.
- Typical benefits are fine (health insurance, etc.), but the extra perks are especially nice, such as no vacation limit and a generous hardware/gadget policy
- It's nice to work for a brand that consumers love. People tend to get excited when they hear you work at Netflix.
Overall, Netflix is one of the best work environments I've been in, except for a few major downsides ...

Cons

- There is essentially no career growth or promotions within the company. Most positions are filled externally, and people tend to stay in the exact same job for a couple of years before they get frustrated and leave. This is the number one employee complaint, which senior management knows about and seems to implicitly support
- Very high turnover, due to both voluntary departures and frequent terminations. High pressure, high performance culture coupled with frequent firings often create a culture of fear
- Titles are deflated one level lower than the rest of the industry. This is fine while at Netflix (compensation is usually appropriate for the work you do), but can be difficult once you want to leave Netflix and are looking for your next job
- As a growing company, there are increasing office politics. Netflix is no longer a small start-up, and it's suffering its growing pains as it becomes a large, established company
Overall, most employees love working at Netflix, but eventually get frustrated by the lack of career growth.

Advice to ManagementAdvice

Value your employees as long-term assets, before you drive away great people. Good job in keeping Netflix a nimble, results-oriented place to work

Recommends
Approves of CEO

427 Other Employee Reviews for Netflix (View Most Recent)

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  1. 8 people found this helpful  

    Earn big bucks and get fired

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Senior Software Engineer in Los Gatos, CA
    Former Employee - Senior Software Engineer in Los Gatos, CA

    I worked at Netflix

    Pros

    Making big bucks and taking vacation when you feel like it. One company I know of that offsets uncounted after hours with uncounted vacation.

    Cons

    They'll fire you when they feel like it, regardless of performance.

    Netflix recruiters will spend enormous hours luring you from a company you're happy in yet after you get in you'll be disappointed. Huge paycheck (Negotiate! They'll fall in!) is their only retention policy after that. Ah, and forget about your carrer, once you join Netflix it's over until you're out.

    Advice to ManagementAdvice

    Money is not everything. Think why you pay so much and still cannot hire good people.

    Doesn't Recommend
    Approves of CEO
  2. 4 people found this helpful  

    I work for a company that changed the way Americans rent movies.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Vice President in Los Gatos, CA
    Current Employee - Vice President in Los Gatos, CA

    I have been working at Netflix

    Pros

    Netflix is populated by really smart people working on hard problems. The company is on innovation time all the time. It's a very open culture with no questions asked if you work from home or take days off. People love Netflix and that makes it cool to work here. The company is adding subscribers and growing financially, which you gotta love in this economy. Employees get a free eight-out plan and get $1,000 towards travel expenses to the Sundance or LA Film Festival. You structure your salary as you want, dedicating a percentage or none at all to stock options. You get all your salary up front so there's no bonuses or incentive payments during the year.

    Cons

    You don't get a lot of compliments on a job well done because everyone is supposed to work at A+ level. The salary review is not tied to the performance review. Performance review allows anyone in the company to evaluate anyone and many people do it anonymously, which can be vindictive. The stock rises and falls like a yo-yo. Everyone is supposed to work in cubes but some people have had offices built for themselves or taken over a conference room for an office. There is two distinctive cultures at Netflix. One's in Los Gatos and the other's in LA. The only time people come together is at quarterly directors meetings.

    Advice to ManagementAdvice

    Keep up the quarterly meetings and company meetings but open up more at company meetings. More presenters instead of just Reed, the CFO and PR VP.

    Recommends
    Approves of CEO
There are newer employer reviews for Netflix

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