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I'd agree if we weren't talking about a company renowned for having among the highest base salaries in the business. Engineers who go to Netflix have a lot of o
by psykotic 11y ago
I'd agree if we weren't talking about a company renowned for having among the highest base salaries in the business. Engineers who go to Netflix have a lot of other options and should know what culture they're joining.
- timr 11y agoI knew that Netflix paid well, but I didn't know that they operated like this. After hearing the story about laying off the tech team to move to AWS...well, let's just say that the salaries I've heard wouldn't be enough. They recruit engineers like crazy, but they still couldn't find a use for their existing, high-performing team? That seems insane. The whole time I was listening to this, I was thinking: if a company is going to treat me like a de facto contractor, shouldn't I just ask for the (much higher) hourly risk-adjusted rate I'd demand as a contractor? Why bother with the charade of full-time employment at all?
- lmm 11y agoAbsolutely, ask for the rate you'd demand as a contractor. Netflix might actually be willing to pay it.
- codeonfire 11y agoThey might pay a lot but the apartments next to their HQ cost $3300 for a 1 bedroom apartment. That only works if they don't have a family. Housing near Netflix is going to be $5k per month. Employees also have to factor in the cost of unemployment and job search, self paid insurance and medical when between jobs, self paid retirement, relocation to and away from Netflix, etc. I would put the total extra cost for the opportunity of a 12 month stint at Netflix at $50k. Maybe they pay $200-220, but they don't give stock, don't give bonuses, and you won't be taking any vacation during those 12 months.