updated - August 4, 2020 Tuesday EDT
Netflix has announced that they are offering unlimited paternity and maternity leave policy for their employees for one year, following the birth of their child or after adopting a child, according to a post in the Netflix blog.
The company is offering this policy because they value the importance of life work balance for their employees.
Netflix's Chief Talent Officer Tawni Cranz, who made the blog post, said that the company wants their 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," she said in the blog post. "We'll just keep paying them normally, eliminating the headache of switching to state or disability pay."
Cranz also said in the blog post that they foster a culture of "freedom and responsibility" at Netflix.
The company wants their employees to have the freedom to make their own decisions while knowing the responsibilities that comes with that decision.
"Each employee gets to figure out what's best for them and their family, and then works with their managers for coverage during their absences," Cranz said in the blog post.
The Charlotte Observer added that this move puts pressure to other technology companies to improve their baby benefits.
The tech companies will need to do this as they vie for talents.
The Charlotte Observer added that Google, which ranks among the best place to work in, currently offers 18 weeks of paid maternity leave.
Netflix wants their employees to be supported during the changes in their personal lives.
Cranz added in the blog post that the new policy and the unlimited time off provides the needed support for their employees to be able to return to work more dedicated and focused.
Netflix's continued success relies on the company's ability to keep and compete for the most talented people in their respective field.
Cranz also said in the blog post that, from their experience, people perform better when they are not worried about what's happening in their home.
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