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by hintymad
444 days ago
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I like how Netflix set up its incentive systems years ago. Essentially they told the employees that all they needed to do is deliver what the company wanted. It was perfectly okay that an employee did their job and didn't move up or do more. Per their chief talent officer McCord, "a manager's job is all about setting the context" and the employees were let loose to deliver. This method puts a really high bar on the managers, as the entire report chain must know clearly what they want delivered. Their expectation must be high enough to move the company forward, but not too ridiculous to turn Netflix into a burnout factory. |
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> employees that all they needed to do is deliver what the company wanted
How did this work out in practice and across teams? My experience at Meta within my team was that it would be almost impossible to determine what the company actually wanted from our team in a year. Goals kept changing and the existing incentive system works against this since other teams are trying to come up with their own solutions to things which may impact your team.
> an employee did their job and didn't move up
Does Netflix cull employees if they haven't reached a certain IC level? I know at Meta SWEs need to reach IC5 after a while or risk being culled.