(Bloomberg) -- Netflix Inc., the company that places no limits on vacation, is taking its time-off policy a step further by offering unlimited parental leave.
Employees who are new parents can take as much time off work as they want during the first year after a child’s birth or adoption, Los Gatos, California-based Netflix said Tuesday in a blog post.
They will be kept on the payroll and won’t be switched over to disability, the company said.
“We want employees to have the flexibility and confidence to balance the needs of their growing families without worrying about work or finances,” the company said. “Parents can return part-time, full-time or return and then go back out as needed.”
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