Netflix's flip-flop on parental leave: Just PR?
Financial Express Mumbai|December 14, 2024
HERE'S SOME FREE advice for HR departments: If you don't want your employees to make use of the benefits you offer, avoid launching a media blitz to promote just how great they are.
Bloomberg
Netflix's flip-flop on parental leave: Just PR?

This seems to be the obvious lesson Netflix Inc. has learned nearly a decade after it first allowed new parents to take unlimited leave during the first year of their baby's life — a policy that was seemingly unrivaled among US companies back then, and remains so today.

But The Wall Street Journal reported this week that the company has been walking back the generous parental leave guidelines it debuted in 2015. The reversal is part of a broader cultural shift at Netflix as it moves away from its one-time core values of "freedom and responsibility."

Back when the parental leave benefit was introduced, the company's chief talent officer wrote in a widely covered blog post that "we want employees to have the flexibility and confidence to balance the needs of their growing families without worrying about work or finances." Behind the scenes, she told other executives she did not expect that many people would take a full year, the WSJ reported.

Surprise! Within 24 hours of the policy's announcement, requests started pouring in.

هذه القصة مأخوذة من طبعة December 14, 2024 من Financial Express Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 14, 2024 من Financial Express Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من FINANCIAL EXPRESS MUMBAI مشاهدة الكل
Financial Express Mumbai

Free healthcare for senior citizens: Kejriwal

AHEAD OF DELHI Assembly elections next year, AAP national convener and former CM Arvind Kejriwal announced that all citizens of Delhi aged above 60 will get free medical care in government and private hospitals if his party returns to power.

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1 min  |
December 19, 2024
Financial Express Mumbai

US announces H-1B visa overhaul, Indian techies to benefit

THE US GOVERNMENT on Wednesday announced major reforms in its popular H-1B visa programme, a move that is expected to help thousands of Indian tech professionals.

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2 mins  |
December 19, 2024
'Had fun but it's time': Ashwin bows out of internationals with shock retirement call
Financial Express Mumbai

'Had fun but it's time': Ashwin bows out of internationals with shock retirement call

RASHWIN STOOD IN the corridor outside the press conference room after the third Test ended in a draw. Captain Rohit Sharma, walking just ahead of him, gestured to the waiting journalists. \"Sab pata chalega abhi (everything will be known now),\" he said with a laugh, perhaps in reference to the buzz in the press box and on social media about the possible retirement of a \"big player\".

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3 mins  |
December 19, 2024
Navy boat hits ferry off Mumbai coast, 13 dead
Financial Express Mumbai

Navy boat hits ferry off Mumbai coast, 13 dead

A PRIVATE FERRY, carrying more than 110 passengers to Elephanta Island off Mumbai coast, capsized after a Navy speedboat crashed into it on Wednesday. At least 13 people were killed in the incident, officials said, adding that the rest have been rescued.

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1 min  |
December 19, 2024
Financial Express Mumbai

Sebi tightens SME IPO rules

Sebi also cleared the review of merchant bankers, custodians, and provisions for high-value debt-listed entities (HVDLE) by increasing the threshold for identification of HVDLE from ₹500 cr to ₹1,000 cr, aligning it with that of large corporates, and introduced a sunset clause governing corporate governance of debt-listed securities.

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1 min  |
December 19, 2024
Opposition seeks Shah's resignation
Financial Express Mumbai

Opposition seeks Shah's resignation

PM defends HM; slams Cong & its 'rotten ecosystem'

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2 mins  |
December 19, 2024
Financial Express Mumbai

Enhancing customer journey in the cloud

ORACLE has created Customer Success Services (CSS) to provide comprehensive support for customers using its cloud tools.

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2 mins  |
December 19, 2024
US announces H-1B visa overhaul, Indian techies to benefit
Financial Express Mumbai

US announces H-1B visa overhaul, Indian techies to benefit

TO TAKE EFFECT IN MID-JANUARY

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2 mins  |
December 19, 2024
Moving beyond conventional tech
Financial Express Mumbai

Moving beyond conventional tech

AI offers a wide range of benefits for SMEs

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2 mins  |
December 19, 2024
Financial Express Mumbai

Drones deliver new hope to farmers

Aerial tech enhances farming efficiency, can tackle workforce woes

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2 mins  |
December 19, 2024