Today, Netflix announced that is will offer employees unlimited maternity and paternity leave.
Its Chief Talent Office, Tawni Cranz, explained it in a blog post:
At Netflix, we work hard to foster a “freedom and responsibility” culture that gives our employees context about our business and the freedom to make their own decisions along with the accompanying responsibility. With this in mind, today we’re introducing an unlimited leave policy for new moms and dads that allows them to take off as much time as they want during the first year after a child’s birth or adoption.
We want employees to have the flexibility and confidence to balance the needs of their growing families without worrying about work or finances. Parents can return part-time, full-time, or return and then go back out as needed. We’ll just keep paying them normally, eliminating the headache of switching to state or disability pay. Each employee gets to figure out what’s best for them and their family, and then works with their managers for coverage during their absences.
Netflix’s continued success hinges on us competing for and keeping the most talented individuals in their field. Experience shows people perform better at work when they’re not worrying about home. This new policy, combined with our unlimited time off, allows employees to be supported during the changes in their lives and return to work more focused and dedicated.
After baby, parents are invited to come back full or part time. Wow!
It’s a good development, and is a one-upping of Vodafone‘s recent announcement about its 16 weeks program, and a lot of other tech companies, generally offering generous family leave.
It’s all about work-life balance. These days. Good thing, right? Inquiring minds want to know.