How Much do Netflix Employees Earn?
The average Netflix Software Engineer earns $138,643 annually. Most film directors earn between $250,000 to $2 million per project depending on experience. The average Netflix Director of Engineering makes $239,577 per year. The median reported actor salary in 2019 was $17.54 per hour.
- Director salaries at Netflix range from $150,000 to $475,164 per year.
- Data engineers average $115,677 per year nationally.
- The typical Netflix Director salary is $399,169 per year.
- Salaries at Netflix range from $72,371 per year for Associate Creative Director to $400,000 per year for Technical Program Manager.
Differences in Netflix’s Salary Structure
Actor’s salaries at Netflix do not include a percentage of profits, unlike traditional studios. The compensation exclusively includes base pay and residuals for reruns and streaming. To compete, Netflix offers top-of-market salaries and transitioned from offering bonuses to providing larger base salaries.
Talent Attraction and Retention
The highest salary at Netflix is $400,000 per year for a Technical Program Manager, with the top 10% of employees earning over $696,000. Netflix’s competitive pay strategy is essential for attracting and maintaining a high talent density amidst other companies’ poaching attempts.
- The top 1% earn over $1,164,000 per year.
- The lowest salary at Netflix is $52,593 per year for a Customer Service Representative.
Investment in Content and Technology
Netflix invests significantly in content, with expenditures ranging from $100 to $250 million for movie rights, and actively seeks African content by offering five to six-figure amounts. The company’s data-driven approach allows it to identify customer preferences and invest wisely.