New Perk Alert: Freezing Eggs
You may’ve heard recently that two high-profile technology companies, Apple and Facebook, will begin offering female employees an opportunity to freeze their eggs as part of their benefits package. Both companies plan to cover the cost up to $20,000, even if the procedure isn’t medically related.
While there’s been controversy as to whether or not this addition is actually a “perk,” make no mistake that it’s revolutionizing the way companies are covering their employees. Yes, it should be up to the woman whether or not she decides to prolong her career during her childbearing years, but this is an option these two companies are willing to assist with. It doesn’t come cheap – freezing eggs cost at the very least $10,000 every session, with an additional cost of $500 or more annually to store them.
This does create some tension for women who may see the inclusion of egg-freezing as overstepping boundaries. Some women see this as their employer telling them they must choose between a career and family. And yet some companies are continuing to stick with the option of flexible work schedules (e.g., work from home, flex hours, etc.) that help both men and women balance their lives, regardless of whether they are parents.
It’ll be interesting to see what other companies adopt this as part of their overall benefits coverage. Whether you “like” this new “perk” or not, it’s changing the way women choose the path of their careers.
At every organization, it’s important to listen to employees and their needs in hopes of yielding employee satisfaction. To learn more about employee benefits and employee engagement check out the related links below.
- It Doesn’t Hurt to Ask Employees About Their Benefits
- Shhh…I’m Hunting for Feedback
- Which Employee Benefit is Most Important?
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