Apple, Facebook paying female staff up to US$20,000 to freeze their eggs
2014-10-15 11:50:11.549 GMT
Apple, Facebook paying female staff up to US$20,000 to freeze
their eggs
By Aaron Taube, Business Insider
Oct. 15 (National Post) -- Apple and Facebook will pay
female employees up to US$20,000 to help cover the cost of
freezing their eggs.
The goal is to enable women who want to continue focusing
on their careers without sacrificing their chance to have
children later on.
NBC News reports that Facebook recently began its program
and that Apple will start paying employees who want to freeze
their eggs in January.
Known as oocyte cryopreservation, egg freezing is a
process by which a woman extracts and stores her eggs so that
they can be reinserted into her uterus at a later date,
allowing her to have children at a time when she might
otherwise be infertile.
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Scientific advancements have made the process increasingly
successful in recent years, with a 2006 study00494-4/abstract )
finding that fertility rates using frozen eggs were comparable
to those achieved using fresh ones.
Most women go through menopause in their late 40s or early
50s, and according to Centers for Disease Control and
Prevention data, one-third of couples where the woman is 35 or
older have fertility problems.
The period during which women approach declining fertility
is seen as prime work years for women hoping to advance in
their careers, and many professional women consider the process
a means of hitting pause on their desire to have a family.
According to a Businessweek cover story on the topic, a
2013 NYU study found that out of 183 women who froze their
eggs, 19% said they might have had children earlier if their
employer was more flexible.
Given Silicon Valley's noted lack of women in power
positions, offering employees money for this costly procedure -
it's $10,000 for every round of frozen eggs and an additional
$500 annually for storage - could help lure top female talent.
NBC reports that Facebook and Apple are the first major
employers to offer egg freezing coverage for nonmedical reasons.
SEE ALSO: 'Lean In' Isn't Enough: Women's Progress In
Leadership Has Stalled
-0- Oct/15/2014 11:50 GMT
2014-10-15 11:50:11.549 GMT
Apple, Facebook paying female staff up to US$20,000 to freeze
their eggs
By Aaron Taube, Business Insider
Oct. 15 (National Post) -- Apple and Facebook will pay
female employees up to US$20,000 to help cover the cost of
freezing their eggs.
The goal is to enable women who want to continue focusing
on their careers without sacrificing their chance to have
children later on.
NBC News reports that Facebook recently began its program
and that Apple will start paying employees who want to freeze
their eggs in January.
Known as oocyte cryopreservation, egg freezing is a
process by which a woman extracts and stores her eggs so that
they can be reinserted into her uterus at a later date,
allowing her to have children at a time when she might
otherwise be infertile.
Related
Why Google Asks Everyone Applying For A Job The Same Exact
Questions
This One Idea Changed How Bosses Treat Office Workers
Forever
Why Reddit Might Actually Benefit From Killing Its Work-
From-Home Policy
Scientific advancements have made the process increasingly
successful in recent years, with a 2006 study00494-4/abstract )
finding that fertility rates using frozen eggs were comparable
to those achieved using fresh ones.
Most women go through menopause in their late 40s or early
50s, and according to Centers for Disease Control and
Prevention data, one-third of couples where the woman is 35 or
older have fertility problems.
The period during which women approach declining fertility
is seen as prime work years for women hoping to advance in
their careers, and many professional women consider the process
a means of hitting pause on their desire to have a family.
According to a Businessweek cover story on the topic, a
2013 NYU study found that out of 183 women who froze their
eggs, 19% said they might have had children earlier if their
employer was more flexible.
Given Silicon Valley's noted lack of women in power
positions, offering employees money for this costly procedure -
it's $10,000 for every round of frozen eggs and an additional
$500 annually for storage - could help lure top female talent.
NBC reports that Facebook and Apple are the first major
employers to offer egg freezing coverage for nonmedical reasons.
SEE ALSO: 'Lean In' Isn't Enough: Women's Progress In
Leadership Has Stalled
-0- Oct/15/2014 11:50 GMT