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Hard Work Is Irrelevant
Podcast

Hard Work Is Irrelevant

Planet Money podcast

Steve Henn, Stacey Vanek and Patty McCord
NPR, 2015
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Editorial Rating

8

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  • Engaging

Recommendation

If you work at Netflix, no manager will be breathing down your neck, you can come in late and go home early, and the job allows for unlimited vacation days. But you probably won’t be working there forever. When they no longer need you, managers will pull the rug out from under you no matter how hard you worked or how valuable you’ve been for the company. The company is a lean, nimble machine that doesn’t tolerate dead weight. In this episode of NPR’s Planet Money podcast, hosts Steve Henn and Stacey Vanek Smith reveal what it’s like to work for Netflix.

Take-Aways

  • Most companies reward hard work and long hours with better compensation. Netflix doesn’t.
  • In 2001, when Netflix was just a struggling start-up, it let go of one-third of its workforce.
  • Instead of floundering, the company prospered with fewer people. Netflix chief talent officer Patty McCord wanted to know why.

About the Podcast

National Public Radio’s Planet Money podcast explains economic issues using “creative and entertaining” dialogue and narrative. For this episode, hosts Steve Henn and Stacey Vanek Smith interviewed HR consultant Patty McCord, former chief talent officer at Netflix.  

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