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A comment on At Netflix, Radical Transparency and Blunt Firings Unsettle the Ranks. Parent comment

Re:At Netflix, Radical Transparency and Blunt Firings Unsett... by barrow-rider on Friday October 26, 2018 @12:51PM (#18310945)
It may be on par, but that's total comp. My understanding is that the 'Flix doesn't do bennies, matching, vesting over time, etc., they just throw straight cash at you.

Reduces their overhead -- no plan administrators, etc. -- and no abstractions or surprise fine print in the 401k matching or classes of stock or whatever.

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Re:At Netflix, Radical Transparency and Blunt Firings Unsett... by woolvalley on Friday October 26, 2018 @04:38PM (#18312545)
Netflix has taxable free uber rides for commuting employees, so I would say they definitely have benefits.
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Re:At Netflix, Radical Transparency and Blunt Firings Unsett... by dunpeal on Friday October 26, 2018 @10:31PM (#18314059)
Or maybe they have that (dirt cheap) benefit so folks would assume they have great benefits.

How costly and valuable are a few Uber rides per year (that are also justified as a business expense)?

Now compare that to a decent 401k matching program...

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Re:At Netflix, Radical Transparency and Blunt Firings Unsett... by woolvalley on Saturday October 27, 2018 @01:51PM (#18316847)
It's not dirt cheap, you can take 2 1hr $50 uber X rides a day if you so feel, and I don't think there is a limit? It's actually fairly generous.

Your still paying tax on it although, but it still would cost the company $2000 per month.

A company can also just give you more money without a 401k condition behind that matching program, and you can decide to put the money in. They don't have a large retail staff, so they can also probably do things like the mega backdoor roth too.

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