Netflix's flip-flop on parental leave: Just PR?
Financial Express Pune|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.
BETH KOWITT Bloomberg

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.

Diese Geschichte stammt aus der December 14, 2024-Ausgabe von Financial Express Pune.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der December 14, 2024-Ausgabe von Financial Express Pune.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS FINANCIAL EXPRESS PUNEAlle anzeigen
More Indians looking to fly biz class this holiday season
Financial Express Pune

More Indians looking to fly biz class this holiday season

The number of Indians eyeing to fly business class has seen a sharp uptick this holiday season compared to last year. While the trend is more pronounced in international travel, travel agents and online platforms suggest that it is also emerging on many domestic routes.

time-read
2 Minuten  |
December 18, 2024
Markets slump over 1%
Financial Express Pune

Markets slump over 1%

● Investors' wealth down ₹4.92 lakh cr

time-read
2 Minuten  |
December 18, 2024
EPFO weighs higher equity investments
Financial Express Pune

EPFO weighs higher equity investments

● Labour ministry panel to look at ways to raise exposure

time-read
2 Minuten  |
December 18, 2024
Indian firms turn to euro, yen swaps to trim borrowing cost
Financial Express Pune

Indian firms turn to euro, yen swaps to trim borrowing cost

INDIAN FIRMS ARE opting for cross-currency swaps to convert part of their debt into the euro or the Japanese yen in order to trim borrowing costs, said bankers.

time-read
2 Minuten  |
December 18, 2024
Financial Express Pune

IIT-Madras to offer fine arts, culture courses

A FIRST for Indian Institutes of Technology (IITs), IIT-Madras on Tuesday said it would offer two supernumerary seats in each undergraduate programme to students who have achieved excellence in fine arts and culture, starting from the upcoming academic session.

time-read
1 min  |
December 18, 2024
Financial Express Pune

Not even 2% work-linked higher education courses yet: Report

EDUCATION-INDUSTRY MISMATCH

time-read
1 min  |
December 18, 2024
Financial Express Pune

The world's busiest airline routes in 2024 are largely in Asia

● Leisure continues to outshine corporate trips

time-read
1 min  |
December 18, 2024
Financial Express Pune

Panel suggests LS elections template for entrance tests

DRAWING PARALLELS WITH the conduct of general elections, a high-level committee set up by the Education ministry and chaired by former ISRO chief K Radhakrishnan has proposed a similar framework for holding important national entrance tests to ensure transparency.

time-read
1 min  |
December 18, 2024
Financial Express Pune

Siddique murder: Court sends accused to police custody till Dec 20

A SPECIAL COURT in Mumbai on Tuesday remanded five accused arrested in NCP leader Baba Siddique's murder case to police custody till December 20 after investigators said they need to interrogate them about an absconding accused and the weapons used in the crime.

time-read
1 min  |
December 18, 2024
Financial Express Pune

DPIIT inks pact with HDFC Bank

THE DEPARTMENT FOR Promotion of Industry and Internal Trade (DPIIT) on Tuesday said it has inked pacts with HDFC Bank and Tally Solutions to help startups growth.

time-read
1 min  |
December 18, 2024