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August 5, 2015

Netflix offers parents a year of paid leave

LOS GATOS, Calif. (AP) — Netflix is letting new parents on its payroll to take up to a year's paid leave in a move that could pressure other technology employers to improve their baby benefits as they vie for talent.

The employee benefit announced Tuesday on Netflix's blog is generous even by the high standards of Silicon Valley, where free meals and other perquisites supplement lavish salaries in the fiercely competitive battle for computer programmers and other technology workers.


 
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