Netflix has announced that it will give new moms and dads up to a year of paid leave.

The company says it will now offer unlimited maternity and paternity leave for the first year following a child’s birth or adoption.

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Netflix said in a blog post:

We want employees to have the flexibility and confidence to balance the needs of their growing families without worrying about work or finances. Parents can return part-time, full-time, or return and then go back out as needed. We’ll just keep paying them normally, eliminating the headache of switching to state or disability pay. Each employee gets to figure out what’s best for them and their family, and then works with their managers for coverage during their absences.

Netflix’s continued success hinges on us competing for and keeping the most talented individuals in their field. Experience shows people perform better at work when they’re not worrying about home. This new policy, combined with our unlimited time off, allows employees to be supported during the changes in their lives and return to work more focused and dedicated.

Netflix already offers unlimited vacation time for employees.

What do you think of Netflix’s new policy?