5 ms·

Netflix' long term view is "Look at the bigger picture" and yet their turnover rate is an abysmal 20%-25%. I fail to see how this is looking at the bigger pictu

by dvt 11y ago

Netflix' long term view is "Look at the bigger picture" and yet their turnover rate is an abysmal 20%-25%. I fail to see how this is looking at the bigger picture. I also fail to see how you can feel passion for Netflix (one of their company values) when, as an employee, you are basically treated like a commodity. I guess this kind of culture must be great for C-level execs like Ms. McCord, but not so great for run of the mill engineers or salespeople that favor stability for themselves and their families over a 2% increase in Netflix' bottom line.

greggman 11y ago
she was cut from the company herself by the very same rules
- coldtea 11y ago
  Sounds like this karma thing.
  - SixSigma 11y ago
    Karma would also mean everyone she cut previously had also had it coming. Karma is a "blame the victim for their own problems" system of oppression.
    - coldtea 11y ago
      >Karma would also mean everyone she cut previously had also had it coming Only if everything that happens to everybody was just karma -- and whereas that might be the case in the original eastern theory about it, in the west we merely use it as a fancy way to say "payback time" and "she had it coming". Or if you like another ancient fancy word that keeps the "she had it coming" vibe without implying that everyone she previously cut also had it coming: hybris/nemesis. (Apparently Wikipedia is absolutely crap entry on the ancient Greek meaning of hubris -- where the term originated -- and its association with hateis and nemesis. This random blog entry does it better: http://wishthattheroadislong.blogspot.gr/2012/01/hubris-hatei-nemesis-tisis.html http://wishthattheroadislong.blogspot.gr/2012/01/hubris-hate... ).
      - SixSigma 11y ago
        They had it coming, in that case. She gave them their payback.
jeo1234 11y ago
When you work for a company with an HR attitude like Netflix, you don't go in expecting to stay there for the next 15 years. It gives you as an employee the chance to make a pretty good living and more importantly sharpen your skills so that when you're finished there it's easy to move on. And if then you want to have a nice stable job which you can expect to stay in for the next decade, you can. Investment banking and high-end consulting have worked on a simpler principle for a long time. When you're young you work crazy hours and get really at your job. Once you're no longer able to do that, you leave for a calmer environment.
- UK-AL 11y ago
  Having worked with a lot of consultants from the big consultantancy companies I would not say they're good at they're job. It's essentially salesman and confidence skills. They're generally no better than in house people.
  - enraged_camel 11y ago
    >>It's essentially salesman and confidence skills. They're generally no better than in house people. Sorry, but this is a very ignorant thing to say. The fact of the matter is that there's different types of consulting at different points along the problem-complexity spectrum. At the low end, a consultant is no different than a contractor, and the point is not to hire those who are better than in-house people, but more efficient. For example, your in-house IT guy may have the skills to configure Kerberos, but maybe you'd rather have him work on a more important project (or maybe he is busy fighting fires, as helpdesk people usually are, and doesn't have the time), so you hire an outside contractor to do it, and he or she can get it done a lot faster (and with fewer errors) because they have done it many times before. At the high end (which you don't sound like you have experience with), consultants are highly specialized and they are hired to solve very difficult technical problems that are of great importance to the firm. These problems tend to be well outside the competency of in-house people. For example, imagine a scenario where the firm is the target of a lawsuit and they need to perform e-discovery to gather each and every business record pertaining to the subject matter from a large variety of sources and office locations across the country. There are consulting companies that specialize in this type of complex service, and they charge very high fees for that reason. So yeah, it's not "essentially salesman and confidence skills". It may look like that from the outside, but it just isn't.

by dvt 11y ago

greggman 11y ago

she was cut from the company herself by the very same rules

coldtea 11y ago
Sounds like this karma thing.
- SixSigma 11y ago
  Karma would also mean everyone she cut previously had also had it coming. Karma is a "blame the victim for their own problems" system of oppression.
  - coldtea 11y ago
    >Karma would also mean everyone she cut previously had also had it coming Only if everything that happens to everybody was just karma -- and whereas that might be the case in the original eastern theory about it, in the west we merely use it as a fancy way to say "payback time" and "she had it coming". Or if you like another ancient fancy word that keeps the "she had it coming" vibe without implying that everyone she previously cut also had it coming: hybris/nemesis. (Apparently Wikipedia is absolutely crap entry on the ancient Greek meaning of hubris -- where the term originated -- and its association with hateis and nemesis. This random blog entry does it better: http://wishthattheroadislong.blogspot.gr/2012/01/hubris-hatei-nemesis-tisis.html http://wishthattheroadislong.blogspot.gr/2012/01/hubris-hate... ).
    - SixSigma 11y ago
      They had it coming, in that case. She gave them their payback.

jeo1234 11y ago

When you work for a company with an HR attitude like Netflix, you don't go in expecting to stay there for the next 15 years. It gives you as an employee the chance to make a pretty good living and more importantly sharpen your skills so that when you're finished there it's easy to move on. And if then you want to have a nice stable job which you can expect to stay in for the next decade, you can. Investment banking and high-end consulting have worked on a simpler principle for a long time. When you're young you work crazy hours and get really at your job. Once you're no longer able to do that, you leave for a calmer environment.

UK-AL 11y ago
Having worked with a lot of consultants from the big consultantancy companies I would not say they're good at they're job. It's essentially salesman and confidence skills. They're generally no better than in house people.
- enraged_camel 11y ago
  >>It's essentially salesman and confidence skills. They're generally no better than in house people. Sorry, but this is a very ignorant thing to say. The fact of the matter is that there's different types of consulting at different points along the problem-complexity spectrum. At the low end, a consultant is no different than a contractor, and the point is not to hire those who are better than in-house people, but more efficient. For example, your in-house IT guy may have the skills to configure Kerberos, but maybe you'd rather have him work on a more important project (or maybe he is busy fighting fires, as helpdesk people usually are, and doesn't have the time), so you hire an outside contractor to do it, and he or she can get it done a lot faster (and with fewer errors) because they have done it many times before. At the high end (which you don't sound like you have experience with), consultants are highly specialized and they are hired to solve very difficult technical problems that are of great importance to the firm. These problems tend to be well outside the competency of in-house people. For example, imagine a scenario where the firm is the target of a lawsuit and they need to perform e-discovery to gather each and every business record pertaining to the subject matter from a large variety of sources and office locations across the country. There are consulting companies that specialize in this type of complex service, and they charge very high fees for that reason. So yeah, it's not "essentially salesman and confidence skills". It may look like that from the outside, but it just isn't.