A few hours after hitting its all-time stock price high today, Netflix has announced a new program for all employees.
In a blog post, the company outlined its unlimited maternity and paternity leave program. Its Chief Talent Office, Tawni Cranz, said:
At Netflix, we work hard to foster a “freedom and responsibility” culture that gives our employees context about our business and the freedom to make their own decisions along with the accompanying responsibility. With this in mind, today we’re introducing an unlimited leave policy for new moms and dads that allows them to take off as much time as they want during the first year after a child’s birth or adoption.