HC in HD

Seems like Netflix gives a lot of thought to Human Capital ("HC"). Techcrunch posted a leaked internal presentation from Netflix which talks about their corporate culture. Admittedly it is oversimplified and gives up on the advantages of variable comp as a motivator. But I like the simplicity, and I like that they are thinking about it.

Here's an example: their vacation policy is that there is no policy. If you don't track how many hours your employees are working (who are probably working more than 8 hours a day), why track how many hours of vacation they are taking?

That sounds great, until you realize that, as an employee, you don't "own" any vacation days and start worrying about how your manager is going to look at your long vacation in the Bahamas.

Culture

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