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Ryan Knutson

👤 Speaker
3614 total appearances

Appearances Over Time

Podcast Appearances

The Journal.
Netflix’s Culture Led to Extraordinary Parental Leave. That’s Over.

I mean, tech companies tend to be more secretive in their culture. It's very unheard of that you would see a tech company like a Google or Apple share strategic ideas with all of their employees. That would never happen, right? They were much more like, keep things to themselves, do your work.

The Journal.
Netflix’s Culture Led to Extraordinary Parental Leave. That’s Over.

I mean, tech companies tend to be more secretive in their culture. It's very unheard of that you would see a tech company like a Google or Apple share strategic ideas with all of their employees. That would never happen, right? They were much more like, keep things to themselves, do your work.

The Journal.
Netflix’s Culture Led to Extraordinary Parental Leave. That’s Over.

They very much encourage candid feedback. So if you don't think someone's doing a good job, you are expected to tell them that. When people were fired, they would send emails out explaining why that person was let go and what they did wrong. Yes.

The Journal.
Netflix’s Culture Led to Extraordinary Parental Leave. That’s Over.

They very much encourage candid feedback. So if you don't think someone's doing a good job, you are expected to tell them that. When people were fired, they would send emails out explaining why that person was let go and what they did wrong. Yes.

The Journal.
Netflix’s Culture Led to Extraordinary Parental Leave. That’s Over.

They very much encourage candid feedback. So if you don't think someone's doing a good job, you are expected to tell them that. When people were fired, they would send emails out explaining why that person was let go and what they did wrong. Yes.

The Journal.
Netflix’s Culture Led to Extraordinary Parental Leave. That’s Over.

Prior to this, you know, I would talk to people who were going on off-sites to Iceland. Like, they just would spend the max on things. And no one — it didn't seem like anyone was, like, keeping track of how much was being spent on some of these things. But I think that they've reined it in. You know, I've spoken to sources who say that managers are keeping a tighter lid on expenses.

The Journal.
Netflix’s Culture Led to Extraordinary Parental Leave. That’s Over.

Prior to this, you know, I would talk to people who were going on off-sites to Iceland. Like, they just would spend the max on things. And no one — it didn't seem like anyone was, like, keeping track of how much was being spent on some of these things. But I think that they've reined it in. You know, I've spoken to sources who say that managers are keeping a tighter lid on expenses.

The Journal.
Netflix’s Culture Led to Extraordinary Parental Leave. That’s Over.

Prior to this, you know, I would talk to people who were going on off-sites to Iceland. Like, they just would spend the max on things. And no one — it didn't seem like anyone was, like, keeping track of how much was being spent on some of these things. But I think that they've reined it in. You know, I've spoken to sources who say that managers are keeping a tighter lid on expenses.

The Journal.
Netflix’s Culture Led to Extraordinary Parental Leave. That’s Over.

And so all of a sudden you started seeing pay tiers. They introduced pay tiers. They used to tell managers, you know, just pay top dollar, pay whatever you need to get the people you want. The idea was if you were an employee and you went to your manager and could show them how much more you peers at other companies were making, you should be able to get a raise. That shouldn't even be an issue.

The Journal.
Netflix’s Culture Led to Extraordinary Parental Leave. That’s Over.

And so all of a sudden you started seeing pay tiers. They introduced pay tiers. They used to tell managers, you know, just pay top dollar, pay whatever you need to get the people you want. The idea was if you were an employee and you went to your manager and could show them how much more you peers at other companies were making, you should be able to get a raise. That shouldn't even be an issue.

The Journal.
Netflix’s Culture Led to Extraordinary Parental Leave. That’s Over.

And so all of a sudden you started seeing pay tiers. They introduced pay tiers. They used to tell managers, you know, just pay top dollar, pay whatever you need to get the people you want. The idea was if you were an employee and you went to your manager and could show them how much more you peers at other companies were making, you should be able to get a raise. That shouldn't even be an issue.

The Journal.
Netflix’s Culture Led to Extraordinary Parental Leave. That’s Over.

And so that has started to shift. We were the first to report that they've now told people to keep salaries within a certain range that's more along with industry peers.

The Journal.
Netflix’s Culture Led to Extraordinary Parental Leave. That’s Over.

And so that has started to shift. We were the first to report that they've now told people to keep salaries within a certain range that's more along with industry peers.

The Journal.
Netflix’s Culture Led to Extraordinary Parental Leave. That’s Over.

And so that has started to shift. We were the first to report that they've now told people to keep salaries within a certain range that's more along with industry peers.

The Journal.
Netflix’s Culture Led to Extraordinary Parental Leave. That’s Over.

So in the beginning, literally within 24 hours of the policy being announced, a number of people asked for a year off for parental leave. And HR and managers were really surprised because they were not anticipating that. And then people also asked to go back on leave. People who had taken a few months off and returned were like, oh, well, if it's up to a year now, can I go back on leave? Right.

The Journal.
Netflix’s Culture Led to Extraordinary Parental Leave. That’s Over.

So in the beginning, literally within 24 hours of the policy being announced, a number of people asked for a year off for parental leave. And HR and managers were really surprised because they were not anticipating that. And then people also asked to go back on leave. People who had taken a few months off and returned were like, oh, well, if it's up to a year now, can I go back on leave? Right.

The Journal.
Netflix’s Culture Led to Extraordinary Parental Leave. That’s Over.

So in the beginning, literally within 24 hours of the policy being announced, a number of people asked for a year off for parental leave. And HR and managers were really surprised because they were not anticipating that. And then people also asked to go back on leave. People who had taken a few months off and returned were like, oh, well, if it's up to a year now, can I go back on leave? Right.

The Journal.
Netflix’s Culture Led to Extraordinary Parental Leave. That’s Over.

Ryan, this is a really good question. And, you know, I think what they would say is and what they did say when this came up was we never meant for a year to be the starting point. We meant it to be a conversation between managers and employees about what the right amount of time would be.

The Journal.
Netflix’s Culture Led to Extraordinary Parental Leave. That’s Over.

Ryan, this is a really good question. And, you know, I think what they would say is and what they did say when this came up was we never meant for a year to be the starting point. We meant it to be a conversation between managers and employees about what the right amount of time would be.

The Journal.
Netflix’s Culture Led to Extraordinary Parental Leave. That’s Over.

Ryan, this is a really good question. And, you know, I think what they would say is and what they did say when this came up was we never meant for a year to be the starting point. We meant it to be a conversation between managers and employees about what the right amount of time would be.