Streaming giant Netflix Inc NFLX was one of many technology companies faced with making job cuts in 2022. The layoffs came in the wake of the post-COVID 19 world, high inflation and a focus on cost-cutting.
For those fortunate enough to possess the skills that align with in-demand jobs at Netflix or the new positions they are hiring for, employees might be changing their outlook to Netflix, Chill and Make Bank.
What Happened: Netflix ended the first quarter with 232.5 million global paid subscribers, adding 1.75 million net new subscribers.
Even though the company cut jobs last year, Netflix was still hiring for several important positions throughout 2022 and continues to hire for select roles in 2023. For those with the necessary skills and experience, the Netflix jobs can be lucrative, with many paying six-figure salaries.
According to a report from Business Insider, these were among the roles Netflix was hiring for in late 2022:
- Analytics Engineer: $184,850
- Associate, Content Strategy & Analysis: $89,537 to $189,000
- Associate, Production Finance: $120,765 to $160,000
- Brand Partnerships Manager: $193,066
- Computer Graphics Pipeline Lead: $75,088
- Coordinator, Major Studio Film Licensing: $40.45 per hour
- Coordinator, Original Studio Film: $110,000
- Corporate Events Manager: $71,926
- Counsel, Business & Legal Affairs, Original Stand-Up Comedy: $425,000
- Data and Insights Project Manager: $276,328
- Director, Business Development: $525,000
- Director, Documentary Film: $172,328
- Director, Original Comedy Programming: $164,382
- Dubbing Title Manager (UCAN Series): $196,934
- Employee Services Talent Partner, Talent & Legal: $99,382
- Engineer Manager: $184,080 to $672,000
- Engineering Manager, Identity: $775,000
- International Tax Analyst: $120,765
- Manager, Content Analysis & Strategy: $300,000
- Manager, Globalization Program Management-Product: $71,635
- Manager, Original Series: $129,979 to $130,000
- Manager, Production Safety – Series: $250,000
- Manager, UI Engineering: $184,080 to $800,000
- Marketing Creative Producer, UCAN Films: $196,934
- Partner Product Manager: $420,000
- Product Designer: $96,304 to $375,000
- Product Manager, Content Finance: $580,000
- Product Manager, Device Platforms: $166,379 to $500,000
- Product Manager, Mobile Games: $276,328
- Production Coordinator: $68,000
- Project Manager, Growth Partnerships: $230,381
- Senior Analytics Engineer: $310,000 to $430,500
- Senior Backend Engineer, Post Production Engineering: $472,500
- Senior Data Engineer: $170,872 to $550,000
- Senior Data Scientist: $116,979 to $525,000
- Senior Full Stack Data Scientist, Experimentation Platform: $197,933 to $650,000
- Senior Network Engineer: $350,000
- Senior Product Researcher, Consumer Insights: $399,000
- Senior Risk Engineer: $170,248
- Senior Security Software Engineer, Platform Security: $446,250
- Senior Software Engineer: $139,818 to $651,000
- Senior Software Engineer, Machine Learning Infrastructure: $650,000
- Senior Software Engineer, Messaging Algorithm: $588,000
- Senior Software Engineer, Messaging Personalization: $184,080 to $490,000
- Senior Technical Program Manager: $133,349 to $375,000
- Senior UI Engineer: $155,106 to $525,000
- Technical Recruiter: $100,506
- Technical Solutions Manager: $130957
- Technology Audit Manager: $252,117
- VFX Artist, Games Studio: $114,774
For more on big salaries from technology jobs, check out how much jobs at Alphabet and Microsoft pay.
Related Link: While Tech Giants Are Laying Off Techies, Netflix Is Out Hunting For A Flight Attendant For $385,000
Why It’s Important: The job cuts and new postings come as the co-CEOs of Netflix took home a nice payday in 2022.
Co-CEO and co-Founder Reed Hastings took home $51.07 million in 2022. The total was made up mainly of stock option awards, consisting of $49.4 million. Hastings announced in January 2023 that he would step down from his co-CEO role. In 2023, Hastings will make a base salary of $500,000 alongside $2.5 million in stock options for his role as Executive Chairman.
Co-CEO Ted Sarandos took home $50.3 million in 2022, made up of a base salary of $20 million, $28.5 million in stock options and $1.79 million in other compensation. Sarandos will receive up to $40 million in 2023, made up of an annual salary of $3 million, $20 million in stock options, and $17 million in performance-based targets.
New co-CEO Greg Peters made $28.1 million in 2022 as the Chief Product Officer and COO. In his new role, Peters will earn a potential $34.65 million in 2023 with an annual salary of $3 million, $17.325 million in options and $14.325 million in performance-based targets.
Netflix reported that its average annual salary for employees was $218,400 in 2022. Sarandos made 230 times the average Netflix worker in 2022. Hastings took home 234 times the average Netflix worker last year.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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