Got an offer from Netflix last month for a new grad SWE role and I know people are hungry for data so here it is.
Base: $185k. Total cash comp including the sign-on works out to around $215k in year one, but Netflix doesn't do equity for most new grads at the E3/entry level, so what you see is what you get. No RSUs in my package, which is actually the whole Netflix thing, they just pay you in cash and trust you to invest it yourself.
Location: Bay Area (Los Gatos adjacent). They have some Seattle folks too and from what I heard on Levels the Seattle packages were similar, maybe $5k less base.
For context: I had two competing offers. One was Google L3 at around $180k TC and one was Databricks at roughly $200k TC. Netflix cash felt more valuable to me because the Google RSUs were worth nothing until they vest and the Databricks equity was private-company question marks. I took Netflix.
The loop itself for entry level is different from senior loops. I did a recruiter screen, a 45-min technical phone screen (two LeetCode-style problems, both medium difficulty, one array, one graph), then an onsite with four rounds: two coding, one systems design lite (they called it 'architecture discussion'), and one behavioral.
The behavioral round was genuinely the hardest part. They asked me to walk through a project where I had to influence stakeholders without direct authority. I'm a new grad. My internship wasn't exactly stakeholder-heavy. I think I winged it okay but it felt risky.
One thing that surprised me: they moved fast. Recruiter to offer in 18 days total. They said they move decisively once they're in, which I guess is the culture in action.
If anyone has questions about the new grad loop specifically I'm happy to answer what I can.