Netflix Case Study

Netflix Case Study

Table of Contents
INTRODUCTION ..........................................................................................................................2
MAIN BODY...................................................................................................................................2
How Netflix HR philosophy helps in shaping employee attraction, retention and firing policy
and practices in United states and also at global level................................................................2
How Netflix maintain its talent hire and reward practices globally............................................4
How Netflix maintain a high performance workplace based on sustainable and ethical HRM
system..........................................................................................................................................5
Recommendations for developing effective HRM policies and practices to manage global
talent............................................................................................................................................6
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................9
Books and Journals.....................................................................................................................9
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INTRODUCTION
Human resource is a department in the companies which works for the company most
important asset and that includes the employees. They have to make sure that the employees are
having all the things which are required to perform their daily operations so that they can
develop a healthy and cultivated work environment(Pham and et. al., 2020). The HR department
is responsible for maintaining and developing the company personnel and also they have to work
in developing good personal relations and the workplace culture. The HR department of the
company have to manage the life cycle of employees which includes the recruitment, on
boarding, hiring and training and development programmes. It does not depend on the size of the
company but the effective human resource department has to effectively manage the workforce
labour, policies of company and also have to ensure the legal compliance so that the company
does not have to face any difficulty. Netflix is an American subscription streaming service which
was founded in the year 1997 and is having its headquarters in California, U.S. This report will
cover the Netflix Hr philosophy, talent hire and reward practices globally, how the company
maintain high performance workplace and recommendations for Netflix.
MAIN BODY
How Netflix HR philosophy helps in shaping employee attraction, retention and firing policy and
practices in United states and also at global level
The HR philosophy refers to strategic and rational approach to management which is
helpful in shaping the retention, attraction of employees in the organisation. The HRM strategies
refers to the plan which helps in making the implementation of functional areas of human
resource.
Implementation of HR strategy-
The implementation of HR strategy can be made when it linked with the business needs because
if the HR strategy will not be made according to the business needs then it will be impossible to
achieve business objectives(Marrucci, Daddi and Iraldo, 2021). After which the plan needs to be
made and the plan which has been made should be communicated with the stakeholders so that it
can promote the collaboration. The next is to make the measurement of the strategy which has
been implemented and later the assessment needs to be made so that it can ensure that the
strategies which is followed is providing certain results.
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HR philosophy in United States-
The Hr policies which is helpful to Netflix in attracting the best talent is that the company
provides the benefit of employing people who are experienced and have worked in other places.
For the experienced people the Netflix gives them the opportunity to work in their company. The
other factor with which the company is able to attract the talented people is because of the fact
that the company have made the elimination of formal time-off policy and provide the facility
that employees can take off whenever they feel that it appropriate to them but making
coordination with the supervisors.
For Retaining the employees Netflix have developed a unique style in which they have
introduced the transparent pay policy where the employees have the facility to view the
compensation which is earned by the other employees and also to the people of top
management(Westerman and et. al., 2020). They have also made the HR policy in which the
weekly survey of employees which is an motivational factor to the employees because if they
will work with great productivity then they will be appreciated for it.
Firing policy which the company is clear about as they provide employment to only to those
people who have the capability to work in that culture other employees were get terminated. The
main aim of the company is that they will only provide the recruitment to people who are having
the experience in their work and did not make the hiring to the college drop outs or who are
studying in colleges.
HR philosophy globally-
The HR philosophy which is followed by Netflix in other countries is somewhat similar
to what they are using it in the United states. Attracting talent by Netflix is made on the purpose
that they provide the yearly allowance to their employees which is of around $15,000 which
cover the medical care and other factors. The company also provides the vacation policy to their
employees in which they intermix the work and also the personal time(Freitas and et. al., 2020).
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The other factor is the Retention of employees in which the company conducts efficient
strategies including that they trust their employees and have always tried to inculcate in the
working environment with the familiar attitude so that the employees can act in the best interest.
They always prefer that employees remain motivated towards the work which they are doing and
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