They also receive $100/month towards their gym, yoga studio, or fitness pursuit of choice.Įmployees can work from anywhere in the world. But if you plan to replicate this, you’ll still need to ensure you have a clear process for documenting transactions - otherwise your finance team will be forever in the dark.īecause this post is full of fascinating nuggets, we’d better share a few more:Įmployees receive a $100/month massage allowance. Which is clearly a highly trusting approach to managing spending. There’s no need to ask for approval for transactions - just be reasonable. The most important aspect shared is the company’s “no-red-tape business account.” Every employee gets their own American Express card. These were shared by CEO Jason Fried in a 2016 blog post. We don’t have the full policy itself, but rather a set of key benefits given to Basecamp employees. Basecampīasecamp’s expense policy is not quite as simple as Netflix’s, but displays a similar ethic. If that sounds like the kind of company you’re building - and you’re willing to back it up - then perhaps the Netflix approach is right for you. You can choose all cash, all options, or whatever combination suits you. Our parental leave policy is: “ take care of your baby and yourself.” New parents generally take 4-8 months.Įach employee chooses each year how much of their compensation they want in salary versus stock options. Our leaders make sure they set good examples by taking vacations, often coming back with fresh ideas, and encourage the rest of the team to do the same. Our vacation policy is “take vacation.” We don’t have any rules or forms around how many weeks per year. It’s a fascinating document, including a few highlights: And it matches Netflix’s overall culture code, which includes a full section on Freedom and responsibility. You don’t need a link to see the full Netflix expense policy - it only contains five words:įor obvious reasons, this has become famous. It’s always nice to know that there are thriving, famous institutions that think the same way you do. Read through a few and decide which company’s approach best matches your own philosophy. We’ve pulled out the most noteworthy aspects of each below, and you can click the links to see them in full. But perhaps more valuable is to see the real travel and expense policies successful companies use. We’ll share hands-on, ready-to-use policy templates shortly.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |