Netflix got news that its stock soared to record highs and in turn: broke bread with moms and dads of the company who have buns in the oven.
Via a post on their blog site, the company outlined a new maternity and paternity leave program where, during the first year of their child’s birth (or adoption), without the worry and burden of having to apply for local, state, or federal benefits for income; moms and dads will be granted extended leave (with pay) and are able to return to work right back into their respective positions.
Tawni Cranz of Netflix’s Chief Talent Office explains:
At Netflix, we work hard to foster a “freedom and responsibility” culture that gives our employees context about our business and the freedom to make their own decisions along with the accompanying responsibility. With this in mind, today we’re introducing an unlimited leave policy for new moms and dads that allows them to take off as much time as they want during the first year after a child’s birth or adoption.
We want employees to have the flexibility and confidence to balance the needs of their growing families without worrying about work or finances. Parents can return part-time, full-time, or return and then go back out as needed. We’ll just keep paying them normally, eliminating the headache of
