Netflix's flip-flop on parental leave: Just PR?
Financial Express Lucknow|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.

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Financial Express Lucknow

Investment pacts may not be part of FTAs

DESPITE THE DEMAND from some partners for inclusion of investment protection treaties in free trade agreements (FTAs) that are under negotiation, India would stick to its stand of signing separate treaties for investments, and not making them part of FTAs, a senior official said.

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1 min  |
December 23, 2024
Financial Express Lucknow

India's natural gas imports surge 21% in April-November

INDIA'S NATURAL GAS imports surged 21% to 24,798 mmscm (million metric standard cubic metre per day) during April-November 2024, compared to 20,486 mmscm in the same period last year, driven by higher consumption from city gas distribution companies and the power sector, according to data from the Petroleum Planning and Analysis Cell (PPAC).

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1 min  |
December 23, 2024
Financial Express Lucknow

Film fest raises toast to women, Kerala hopes industry follows

WHEN SHE SET out to direct her first feature film, Adithya Baby had an army of university classmates as her cast and crew.

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2 mins  |
December 22, 2024
Financial Express Lucknow

Maharashtra portfolios: CM keeps home; Pawar gets finance

MAHARASHTRA CHIEF MINISTER Devendra Fadnavis on Saturday allocated portfolios to his council of ministers, retaining the crucial Home department with him.

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1 min  |
December 22, 2024
Financial Express Lucknow

AAP rejects claims of nod to prosecute Kejriwal

AAM AADMI PARTY leaders in Delhi, including chief minister Atishi, on Saturday rejected claims that Lieutenant Governor VK Saxena has granted sanction to the Enforcement Directorate to prosecute party supremo Arvind Kejriwal in the alleged excise policy scam.

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1 min  |
December 22, 2024
Financial Express Lucknow

A 'second tree of life' could wreak havoc, scientists warn

Research on altering fundamental DNA, protein structures could lead to synthesis of lethal organisms

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3 mins  |
December 22, 2024
Financial Express Lucknow

US shutdown averted, with funding bill rushed by Senate

Gets overwhelming approval in the House of 366-34

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1 min  |
December 22, 2024
Financial Express Lucknow

How to repair the planet? An answer hides in plain sight

What if we're looking at environmental problems the wrong way? What if we tackled them as a whole, instead of individually?

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2 mins  |
December 22, 2024
Financial Express Lucknow

Big blows for the Constitution

Congress but Indira Gandhi apologized and vowed that Emergency would never be repeated. A commemoration of 75 years of adoption of the Constitution in Parliament.

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2 mins  |
December 22, 2024
Financial Express Lucknow

Shame and hypocrisy

What really nauseated me about the shenanigans in Parliament last week was the hypocrisy.

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4 mins  |
December 22, 2024