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> Netflix wants their workplace to be like pro-sports, where elites complete for the best outcome and be rewarded like so. But of course it is not comparable.
by jjav 4y ago
> Netflix wants their workplace to be like pro-sports, where elites complete for the best outcome and be rewarded like so.
But of course it is not comparable. While Netflix pays very well (have many friends there), it's still nothing compared to a pro-sport star who is making double digit millions per year.
- spacebanana7 4y agoWhen Netflix stock was performing well, I imagine many of of their employees made double digit millions per year (annual change in net worth) through their stock options. Obviously not the case this year.
- chii 4y agothe amount is irrelevant. The sports stars command millions because they are rarer than good software engineers. It's the concept, and culture that are analogous. And netflix do pay above average of the FAANG amounts.
- NeverFade 4y ago> the amount is irrelevant. So we're supposed to just accept the "dream team athlete" analogy even though it falls massively short when it comes to a crucial factor: compensation? In other words, Netflix gets to expect "star athlete" performance, and quickly fire those who fail to meet it, but doesn't have to pay anywhere near "star athlete" compensation. Not to mention that in reality, "star athletes" are given plenty of time to grow to their potential, and recover when their performance drops, while Netflix made it into an ideology to immediately fire the employee in that exact situation. It's a rotten deal for the engineers, sugarcoated with inappropriate and wildly inaccurate "dream team" glamor rhetoric. > And netflix do pay above average of the FAANG amounts. They pay about as well or a bit better for the same level of talent. "FAANG average" is meaningless, because you're averaging FAANGs who pay poorly (Amazon) to FAANGs who pay very well (Meta).