Netflix Updates 'Keeper Test' to Refine Employee Retention Strategy
New culture memo emphasizes open communication and holistic performance reviews for 13,000 staffers.
- Managers now ask if they would fight to keep an employee or rehire them knowing current performance.
- Employees encouraged to discuss progress regularly with managers to avoid surprises.
- Netflix maintains focus on performance akin to a professional sports team, not a family.
- The updated memo was reviewed over eight months and received 1,500 employee comments.
- Company reiterates commitment to individual autonomy despite minimal formal policies.