The streaming platform has stayed ahead in an ever-changing and increasingly competitive entertainment market after recording a downturn in subscriber growth and laying off around 450 people in 2022.
It’s continued to churn out a range of hits from “Squid Game: The Challenge” to “The Crown” while diversifying its business to include gaming and advertising.
To maintain its lead and fuel that expansion, Netflix is hiring more slowly than in recent years. Full-time employment rose by 1.6% in 2023 year-over-year to 13,000, after a 13.2% increase the year before.
Its careers page lists over 400 positions as the company looks for dozens to staff its advertising and gaming efforts, product teams, and more.
How much do new hires make? Like other US companies, Netflix discloses how much it plans to pay workers it hires on work visas.
Business Insider analyzed publicly available offer data from October 1, 2021, to September 30, 2023, to see how much Netflix is willing to pay people in the US. The data, which the US Department of Labor’s Office of Foreign Labor Certification released, included wages from 644 certified foreign-labor applications Netflix submitted.
Many of the roles offered six-figure base salaries. The data includes base salaries only and not additional stock awards or bonuses. They also don’t cover all employee offers — only those the company made to workers on a visa.
Read on to find out the US salaries for 220 different roles across content and production, marketing, engineering, and more at Netflix, listed by category and then by all roles alphabetically.
Netflix has declined to comment on this story.
How Netflix looks at compensation
Netflix’s compensation policy stems from its cultural philosophy, which hinges on principles including “freedom and responsibility.”
The streaming platform doesn’t offer performance-based bonuses, unlike others in the tech industry. Reed Hastings, a cofounder of Netflix, has said bonuses hinder innovation.
Instead, Netflix pays its employees well. The company says it pays staffers at the top of workers’ “personal market” based on their role and qualifications for the job.
As it relates to the data, the wage offers listed are the minimum amounts the company declared it would pay specific workers in applications, US Department of Labor documentation shows.
Netflix may pay employees more than the figures reflected in this data or compensate them in additional ways. While Netflix doesn’t give bonuses, it does let employees choose each year how much compensation they want in cash versus stock options.
Based on Department of Labor data, Netflix offered annual base salaries ranging from roughly $72,000 to $1 million yearly, with a median of $184,080, for various roles.
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