Netflix says unlimited parental leave will mean employees are not worrying about home life when they are at work.
Streaming service Netflix is offering all its employees in the US and Canada unlimited parental leave in the first year following the birth or adoption of a child.
Netflix said the policy, which is effective immediately, lets employees “have the flexibility and confidence to balance the needs of their growing families without worrying about work or finances”.
The company also hopes it will lead to better performance.
“Experience shows people perform better at work when they’re not worrying about home,” it said on its corporate blog.
“This new policy, combined with our unlimited time off [the company does not have a limit on how much holiday workers are entitled to], allows employees to be supported during the changes in their lives and return to work more focused and dedicated.”
During the year after they become parents, workers can return part-time or full-time, or come and go for periods of time.
They must discuss with managers how to cover their workload in their absence.
This is an interesting article, especially as Shared Parental Leave has been introduced to the UK this year, (see our earlier blog). It shows how Netflix believes that unlimited parental leave will benefit their business.
Some businesses now believe that they should not have a set standard for holiday entitlement as is currently determined by the Working Time Directive.
It will be interesting over the forthcoming years to see how many more organisations remove the mandatory set standards and adapt all types of leave to suit their business and the benefits / problems that occur.