Netflix
Los Gatos, CA · founded 1997
Netflix runs on its famous culture memo: 'we are a team, not a family,' top-of-market cash pay, radical candor, freedom and responsibility, and the 'keeper test' where managers keep only people they would fight to retain. That produces an environment of exceptionally talented, high-performing colleagues, minimal bureaucracy, unlimited time off, and unusual autonomy, but also real anxiety, because average performance can mean a generous severance and a quick exit. Compensation is nearly all cash (you choose your salary-versus-options split), which suits people who prefer liquidity over startup-style equity upside. There are few of the campus perks other tech giants shower on staff; the trade is money and freedom for security. It fits senior, self-directed people who thrive on candor and high standards and do not need hand-holding. It is a hard fit for those who want stability, structure, or a gentler review culture.
see the full file on Netflixdocumented benefits (12)
| Unlimited PTO | yes |
|---|---|
| Fertility support | yes |
| Adoption & surrogacy support | offered |
| Mental health | yes |
| Equity | options |
| Relocation | yes |
| Charitable donation match | yes |
| Median filed wage | $264,514 |
| Life insurance | yes |
| Dental | yes |
| Vision | yes |
| Disability | yes |
what Netflix pays
Median of 92 certified wages filed with the US Department of Labor: $264,514.
Half of Netflix's certified filings fall between $237,141 and $264,514.
| role | median | filings | range |
|---|---|---|---|
| software engineer | $264,514 | 40 filings | $226,158 to $264,514 |
| machine learning engineer | $264,514 | 8 filings | $184,558 to $275,850 |
| engineering manager | $388,918 | 4 filings | |
| ads sales operations sr. associate | $122,824 | 3 filings | |
| analytics engineer | $275,850 | 3 filings |
Source: US Department of Labor, FY2025 Q4. Read 2026-07-27.
notable perks
- "Work, Not Drive" program: take calls and clear email from a rideshare car on your commute instead of driving
- Choose each year how much of your pay comes as salary versus stock options
- 10-year stock options are fully vested immediately and yours to keep even if you leave Netflix
- Employee Giving Program matches both your monetary donations and your volunteer time
- Global access to mindfulness and meditation plus free counseling and coaching sessions
- Vacation policy is literally two words — "Take vacation" — with no tracked days for salaried staff
- Netflix offers a global family forming benefit to support employees looking for preservation, fertility, surrogacy, and/or adoption options.
- We want to do our part to support you and the organizations important to you by matching your monetary donations and volunteer time through our Employee Giving Program.
the legal floor where they are
Set by law, not by Netflix. It applies to every employer in CA.
| IVF cycles the state covers | California requires IVF from 1 January 2026, and only from large employers. SB 729 (2024) rewrote Health and Safety Code § 1374.55 so that a large group health care service plan contract 'issued, amended, or renewed on or after January 1, 2026, shall provide coverage for the diagnosis and treatment of infertility and fertility services, including a maximum of three completed oocyte retrievals with unlimited embryo transfers', following ASRM guidelines and using single embryo transfer where medically appropriate. Large group means 100 or more employees. Small group plans need only be OFFERED the coverage rather than provide it, religious employers are excluded, Medi-Cal managed care is exempt, and CalPERS plans are delayed to 1 July 2027. The original 1 July 2025 date was pushed back a budget trailer bill, AB 116 (2025). THE LIMIT THAT DECIDES WHETHER THIS REACHES YOU: a state insurance mandate binds only fully insured plans. A self-funded employer plan is governed federally under ERISA and is preempted, and KFF's 2025 employer survey puts 67% of covered workers — 80% at firms of 200 or more — in a self-funded plan. At most large California employers this law therefore does not apply, and the fertility benefit on the page is the company's own choice. (Senate Bill 729 (2024), which repealed and added Section 1374.55 of the Health and Safety Code and amended Section 10119.6 of the Insurance Code; the operative date was moved from 1 July 2025 to 1 January 2026 by Assembly Bill 116 (2025).) |
|---|---|
| Adoption leave the law gives | 12 workweeks of UNPAID job-protected leave in any 12-month period on the placement of a child for adoption or foster care, and only for employees who meet the FMLA eligibility test. There is no federal paid adoption leave. (Family and Medical Leave Act of 1993, 29 U.S.C. 2612(a)(1)(B) and 2612(c); eligibility at 29 U.S.C. 2611(2) and (4). Quoted from the 2023 edition of the US Code.) |
| Pay when you are ill | No federal law requires any paid sick leave. The FLSA does not require payment for time not worked, and the FMLA gives 12 workweeks of UNPAID job-protected leave in any 12-month period for a serious health condition, and only for employees who meet the FMLA eligibility test. Any paid sick time comes from a state or city law, or from the employer's own choice. (Fair Labor Standards Act, per the Department of Labor's statement on payment for time not worked; Family and Medical Leave Act of 1993, 29 U.S.C. 2612(a)(1)(D) and 2612(c). Quoted from the 2023 edition of the US Code on govinfo.gov.) |
Every claim above is sourced and dated. See sources on the full page.
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