No, not at all. You didn't have to be a top performer at Netflix, you had to be a top performer industrywide. Netflix basically tried to keep only people who would be rated as top performers at other companies.
Think of it like a sports team (which is how Netflix always described it). They wanted the best people in the league.
Didn't it make you feel as though there was a target on your back constantly? What happens if something in your personal life results in you having a bad quarter?
Yeah that sounds like a nightmare. Then again, I'm only a solid B+ (grading scale, not language) engineer and I'm happy with that. I'll let the gunners take the target-on-back jobs.
Btw, can Netflix please put some of that capital in to better programming, or at least in to adding a "Delete + never show me this or anything like this every again" button. Platform is a pile at this point. No offense
If "top performer" is defined as, say, 90th percentile, does that imply >90% turnover?