Connect with us

Apple Inc, Facebook to pay for female employees to freeze their eggs

News

Apple Inc, Facebook to pay for female employees to freeze their eggs

Apple will pay both full- and part-time employees up to $20,000 for procedure and storage costs for female employees to freeze their eggs. (Reuters)

Apple will pay both full- and part-time employees up to $20,000 for procedure and storage costs for female employees to freeze their eggs. (Reuters)

Apple Inc and Facebook Inc will help pay for female employees to freeze their eggs, signaling a willingness to spend enormous sums on perks and benefits in a race to acquire top-flight talent.

From January, Apple will pay both full- and part-time employees up to $20,000 for procedure and storage costs for female employees to freeze their eggs.

“We continue to expand our benefits for women, with a new extended maternity leave policy, along with cryopreservation and egg storage as part of our extensive support for infertility treatments,” Apple said in a statement. “We want to empower women at Apple to do the best work of their lives as they care for loved ones and raise their families.”

NBC News reported on Tuesday that Facebook recently began covering egg-freezing for non-medical reasons, making it one of the first major employers in the technology sector to do so.

Egg freezing is a pricey but increasingly popular option for women. It enables women to delay child bearing. The procedure is also used by women who have to undergo medical treatments that interfere with fertility such as with cancer.

The procedure typically costs up to $10,000, with an additional $500 for storage each year.

In the raging war for talent, Silicon Valley companies are offering an array of new family-planning perks. Apple said it also reimburses eligible expenses associated with the legal adoption of a child.]

The news has sparked debate on social media. Some commentators say these companies should focus their efforts on creating a more balanced culture, with more flexibility for new parents. Apple recently introduced new benefits including extended parental leave.

Originally posted on Financial Express

#TechTrendsKE.

 

Leave a comment

Continue Reading
You may also like...

We are a news site covering Technology and Business trends in Kenya, East Africa and across the Globe, including products and service reviews.

1 Comment

1 Comment

  1. Hillary Oakley

    October 22, 2014 at 1:53 pm

    I want to share some tips to increase facebook likes. Create your Facebook fan page with a catchy image because a good image always helps you to get more likes from people. You can also use your company logo there instead of an image.Send a request to your friends which are in your profile to like your fan page.Keep your fan page always up to date because it always gives your readers to read some fresh contents.If you want to increase facebook likes fast, visit :- http://socialeum.com/11-5000-facebook-worldwide-fan-page-likes.html

Leave a Reply

Your email address will not be published. Required fields are marked *

More in News

WATCH & SUBSCRIBE TO 24BIT TV

LISTEN TO OUR LATEST PODCAST ON 24BIT HERE

Latest News

Subscribe to our mailing list

* indicates required

Send us a Direct Message

To Top