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Reed Hastings, CEO
Netflix
In order to revolutionize
human resources, Netflix has
reinvented the way it handles
policies. The new policies rely
on trust and freedom, with
employees being treated as
adults rather than children.
• No Formal Vacation Policy: Netflix
introduced an unlimited vacation
Policy,allowing employees to take time
off as needed without strict limits.
• High Performance Culture: Netflix prioritized a
high performance culture and encouraged
managers to have open and honest conversations
with employees about their performance.
Paying Top Talent: Netflix
Believed in paying top of market
salaries to attract and retain the
best talent. They focused on
rewarding employees based on
their skills, contributions, and
market value.
CONTINUOUS FEEDBACK
Netflix emphasized ongoing feedback through regular one on one
conversations and 360 degree feedback. This helped employees
grow and improve their performance.
•
•
•
HRM PPT.pptx HRM ppt it includes all the knowledge that you need on how Netflix reinvented hr policies

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HRM PPT.pptx HRM ppt it includes all the knowledge that you need on how Netflix reinvented hr policies

  • 1.
  • 3. In order to revolutionize human resources, Netflix has reinvented the way it handles policies. The new policies rely on trust and freedom, with employees being treated as adults rather than children.
  • 4.
  • 5. • No Formal Vacation Policy: Netflix introduced an unlimited vacation Policy,allowing employees to take time off as needed without strict limits. • High Performance Culture: Netflix prioritized a high performance culture and encouraged managers to have open and honest conversations with employees about their performance. Paying Top Talent: Netflix Believed in paying top of market salaries to attract and retain the best talent. They focused on rewarding employees based on their skills, contributions, and market value.
  • 6. CONTINUOUS FEEDBACK Netflix emphasized ongoing feedback through regular one on one conversations and 360 degree feedback. This helped employees grow and improve their performance.