Netflix Case Analysis Essay Sample
1 ) What are the HR patterns that support the high-performance civilization at Netflix? Identify the specific patterns and briefly explain how. Netflix has a high public presentation civilization which has been described as “freedom and responsibility” . There are several specific HR patterns for them to back up such a “fully formed adult” civilization in the company. First. comparing with the similar place in other companies. Netflix attracts talented employees with the highest payment in the hiring procedure. That is to state. Netflix will pay the mark employee every bit much as they can. which may be to the replacing cost or even higher than other companies’ payment. Second. Netflix will end the employee who did non make the outlook of the company and give the place to more effectual replacings. By this pattern. merely the highest performed employee has been retained. It makes Netflix maintain in the high public presentation. Third. Netflix uses the one-year study for the compensation and public presentation of employees.
The most recent market compensation. the employee’s function and duty will be considered for their accommodation in compensation. It will reassure employees being good compensated relation to similar occupations and besides reenforce the possibility of Netflix for retaining top performing artists. Forth. Netflix doesn’t track the holiday clip. They will offer limitless holiday during the twelvemonth merely if the employee doesn’t run into their public presentation outlook. Fifth. the other benefits of Netflix were more conventional. Employees were offered comprehensive wellness. alveolar consonant. vision and life insurance. It besides offered a 401 ( K ) and an employee stock purchase program ( ESPP ) . Sixth. Netflix has a alone compensation mix manner in their compensation system. It means the per centum of compensation which awarded in hard currency and stock option was decided by the employee. This sort of mix manner will be non more economically efficient and supply better inducement value for public presentation.
