Netflix is thriving in 2020. Its global subscriber base surged during lockdowns, as the company churned out hits like “Tiger King” and “The Queen’s Gambit.”
The streaming-video giant also continued hiring around the world during a time when layoffs were sweeping the media landscape. LinkedIn data shows Netflix kept bringing on new hires this year. And Netflix’s own career’s page lists hundreds of job openings.
But how much money are they making?
Business Insider analyzed disclosures released by the US Office of Foreign Labor Certification for foreign staffers on work visas to shed light on what Netflix has paid for certain roles. The data revealed how much Netflix offered to pay foreign staffers its sought to hire in the US for certain jobs, including content, marketing, and engineering roles.
It included wages from 144 foreign-labor-certification applications that were submitted by Netflix and certified during the US government’s 2020 fiscal year, which ended in September.
Nearly all the applications were for roles at Netflix’s Los Angeles and Los Gatos, California offices, its respective content and tech hubs.
Netflix declined to comment for this story.
Netflix has a unique compensation policy that aligns with its unorthodox cultural philosophy, anchored by tenets like “freedom and responsibility.”
The streaming company doesn’t offer the performance-based bonuses, unlike some others in the tech industry, because, as co-CEO Reed Hastings has said, the company believes bonuses hinder innovation.
