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.
Denne historien er fra December 14, 2024-utgaven av Financial Express Lucknow.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra December 14, 2024-utgaven av Financial Express Lucknow.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
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.
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).
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.
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.
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.
A 'second tree of life' could wreak havoc, scientists warn
Research on altering fundamental DNA, protein structures could lead to synthesis of lethal organisms
US shutdown averted, with funding bill rushed by Senate
Gets overwhelming approval in the House of 366-34
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?
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.
Shame and hypocrisy
What really nauseated me about the shenanigans in Parliament last week was the hypocrisy.