The Work Index by Flexa

Netflix

Netflix is a global entertainment service with millions of members enjoying TV series, films, documentaries and games across a wide variety of genres and languages.

https://www.netflix.com/gb/
5.9

/10

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Description

Netflix is a global leader in streaming entertainment, providing a vast library of movies, TV shows, documentaries, and games to over 278 million paid members across 190 countries. The company operates on a subscription-based model, allowing members to access its content anytime, anywhere, on a wide range of devices. Netflix’s success stems from its commitment to producing original, high-quality content, offering a personalized viewing experience, and constantly innovating to stay ahead of the rapidly evolving entertainment landscape.

Netflix has revolutionized the way people consume entertainment, disrupting traditional television and film industries. The company’s focus on data-driven decision-making, its unique company culture that emphasizes innovation and employee autonomy, and its global reach have made it a dominant force in the entertainment world. Netflix continues to expand its offerings and push boundaries, seeking to entertain the world and deliver a truly personalized viewing experience.

Flexibility

Netflix offers a high degree of flexibility for its employees, with a focus on autonomy and responsibility. This includes flexible work hours, a "take vacation" policy, and a "act in Netflix's best interests" expense policy. While remote work is encouraged for certain roles, some positions may require on-site presence in specific locations. Overall, Netflix emphasizes individual accountability and empowerment, fostering an environment where employees can work in a way that best suits their needs and preferences.

Benefits

Netflix offers comprehensive benefits that include health plans, mental health support, a 401(k) retirement plan with an employer match, a stock option program, disability programs, health savings and flexible spending accounts, family-forming benefits, life and serious injury benefits, and paid leave of absence programs. Full-time salaried employees are immediately entitled to flexible time off, while full-time hourly employees accrue 35 days annually for paid time off.

Mission

Netflix's mission is to entertain the world by providing members with access to a vast library of TV series, documentaries, feature films, and games, all for a single, affordable monthly subscription. They strive to create a global entertainment experience where members can watch, pause, and resume as they please, anytime, anywhere, and easily change their plans whenever they want. Netflix's goal is to deliver best-in-class entertainment across a wide variety of genres and languages, so that everyone can find their next favorite story.

Data-driven
Disruptor
Environmental impact driven
Science and research driven
Social impact led
Sustainability
Tech for good

Culture

Netflix fosters a high-performance culture focused on excellence and individual responsibility. They aim to build a "Dream Team" of highly skilled and self-motivated individuals who thrive on autonomy and candor. This environment encourages innovation and experimentation, with an emphasis on constantly seeking improvement, even if it means embracing uncomfortable challenges. While prioritizing individual accountability, Netflix also values collaboration, respect, and inclusion, creating a dynamic work environment where individuals can contribute their unique perspectives and grow their careers.

Agile and dynamic
Autonomous
Collaborative
Entrepreneurial
Fast-paced
Meritocratic
People-first
Progressive
Transparent

DE&I

Netflix's approach to diversity, equity, and inclusion emphasizes the creation of a high-performing "Dream Team" where talent and skill are prioritized over seniority or background. They champion a culture of selflessness, judgment, candor, creativity, courage, inclusion, curiosity, and resilience, fostering an environment where all employees feel empowered to do their best work, regardless of their identity or background. This includes paying top of market for all roles and locations, promoting transparency and autonomy, and constantly seeking to improve their culture rather than preserve it. While they acknowledge that this approach is not for everyone, they believe it is essential for building a wildly successful business and entertaining the world.

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