‘They got a $2 million raise last year?’: Netflix lets any exec or director see what employees make, and people are freaking out
|10/11/2018||Posted by BusinessMediaguide.Com under General World News||
- Netflix has an open-salary policy for directors and execs, according to the Hollywood Reporter.
- The internal system was reportedly implemented in 2017 to help high-level employees determine if they’re fairly compensated, and some employees are shocked at the highest salaries.
- Netflix pays its employees 25% to 50% more than competitors, with entry-level coordinators making six figures and vice presidents earning a minimum of $1 million, sources told the Hollywood Reporter.