Netflix provides a supplemental medical insurance plan through Metlife Alico to full-time employees in Japan to compliment healthcare provided through the government. Coverage begins on the first day of hire and includes daily hospital expenses, a surgical benefit, and co-payment for inpatient treatment through the government health insurance. Additional details can be found in the Metlife Alico policy document.

Sick Leave and Short-Term Disability
We realize folks get sick from time to time. In case of a short-term illness or injury, you can use your unlimited time off to rest and get well. If you can’t work for an extended amount of time because of a disabling illness or injury, Netflix will continue to pay you 100% of your salary for up to 3 months. You may also be eligible for benefits paid through government insurance. Your Netflix paid sick leave payment will be integrated with government benefit payments. If a disabling illness or injury extends beyond 3 months, you will be eligible for government benefits for an additional 15 months (18 months total).

Long-Term Disability
If a disabling illness or injury extends beyond 6 months, Netflix provides you with company-paid Long Term Disability (LTD) insurance coverage through Hitachi Capital. LTD picks up when your short-term disability ends and pays you 60% of your salary to a maximum of JPY 1.5 million per month. LTD benefits continue for as long as you remain disabled, or through age 65.

Additionally, Netflix provides employees with company-paid permanent disability coverage through Metlife Alico, or through Ace if disability is by accident. This benefit pays two times your annual salary up to JPY 50 million.

Retirement Pension
Netflix provides you the opportunity to participate in a retirement pension plan through Mitsui Sumitomo. Netflix contributes 5% of monthly salary to your retirement pension, and this contribution is immediately 100% vested. The maximum monthly contribution to the pension plan is JPY 55,000. If the Netflix contribution is less than this amount, you can contribute on top of the Netflix contribution up to this cap, through a pre-tax payroll deduction.

Life Coverage
We care about the well-being of our Netflix team and their loved ones. We are committed to providing a USD equivalent pre-tax $1.5 million benefit to ensure our full-time employees’ beneficiaries are supported financially in the event of loss of life. Upon confirmed payment of insurance benefit by Metlife Alico and by Ace in the case of accidental death, Netflix will supplement the insurance payment (two times annual salary up to JPY 50 million for life and two times annual salary up to JPY 50 million for accidental death) up to a combined total of USD equivalent $1.5 million.

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