My background is public service employment, basically a job for 30 years and a modest pension. Gettig fired is possible but you have to f*ck up in style. You can bimble along without reviews, performance tests, etc.
"We have no bell curves or rankings or quotas such as “cut the bottom 10% every year.” That would be detrimental to fostering collaboration, and is a simplistic, rules-based approach we would never support. We focus on managers’ judgment through the “keeper test” for each of their people: if one of the members of the team was thinking of leaving for another firm, would the manager try hard to keep them from leaving? Those that do not pass the keeper test (i.e. their manager would not fight to keep them) are promptly and respectfully given a generous severance package so we can find someone for that position that makes us an even better dream team. Getting cut from our team is very disappointing, but there is no shame. Being on a dream team can be the thrill of a professional lifetime."
This is the difference between public and private sector employment. And Netflix say it up front, if you are a star you will be paid well and have a job. Slip into mediocrity and you are shown the door (with a decent severance package).
If I was starting again, and had the skill sets, I would be happy to work with Netflix. If they are true to the culture doc, then the HR bs seems to be minimal, You can speak out without fear of recrimination, if you have a good idea, you can express it.
It would be tough to work with the sword of damocles hanging over your head, falling if you don't overperform, but that's how modern employment is. If you want to work in a top tier company, then you need to be the 1% employee who can handle the stress and long hours and push yourself.
I do wonder if people would make a 20 or 30 year career with Netflix or would they do 5 years and move on. Would the pressure to overperform, to pass the "keeper" test, wear you down?
It's an alien world to me, given my work background. But I do like how up front Netflix are and you know from day one how hard you have to work to keep your job.
Adequate isn't acceptable... is a bold statement and I can see the bright people gravitating towards them.. it would be a challenge