The behavior of the slip length in thin polymer films subject to planar shear is investigated using molecular dynamics simulations. At low shear rates, the slip length extracted from the velocity profiles correlates well with that computed from a Green-Kubo analysis. Beyond chain lengths of about N=10, the molecular weight dependence of the slip length is dominated strongly by the bulk viscosity. The dynamical response of the slip length with increasing shear rate is well captured by a power law up to a critical value where the momentum transfer between wall and fluid reaches its maximum