Being a parent is often described as the most rewarding life experience. "Employers are recognizing that their employees are starting their families later in life for a variety of reasons," said Betsy Campbell, chief engagement officer at Resolve: The National Infertility Association. What they offer: Coverage for IVF, frozen embryo transfers, artificial insemination, and fertility medications. What they offer: Discounts for IVF, artificial insemination, and egg freezing. Cara Hutto is the assistant editor at InHerSight. 
About 1 in 8 couples, or 7.4 million Americans, struggle with infertility, according to the latest figures. And turnover remains highhires increased in November to 6.7 million, while the total number of workers walking off the job ticked up to 4.5 million during the same time period. What they offer: A $20,000 lifetime benefit for infertility expenses. What they offer: A flexible allowance of $10,000 per employee, per lifetime that can be used toward fertility treatments, egg freezing, adoption fees, or surrogacy fees. It was also one of the only companies on this list to specifically name treatments commonly needed by trans individuals in its benefits package hormone therapy, gender dysphoria treatment and gender-affirming upper and lower body surgeries are all covered. Sign up to get job alerts relevant to your skills and experience. For those who had 500 or more workers, 27% covered IVF, compared to 24% six years prior.
What they offer: Services for the diagnosis and treatment of male and female infertility, including infertility drugs, laboratory testing, approved surgeries and therapeutic procedures, artificial insemination, IVF, and sperm washing or preparation, available to all couples and single women without an infertility diagnosis. What they offer: Adoption assistance of up to $5,000 per child, egg freezing, and a one-time $20,000 reimbursement. We want to hear from you. Fortunately, she had insurance coverage thanks to her employer, Ally Financial. Read more: How to Make the Job Promotion Process Equitable & Why Women Fall Behind.
And for many, that means investing and prioritizing family. What they offer: Adoption assistance, egg donation and egg retrieval stipends, and egg freezing assistance. And 88% of those who had their IVF treatments fully paid for by their employer in 2017 returned to the same company after their maternity leave. Elder care can fall either under the 12 weeks offered under the Family and Medical Leave Act or its regular Flexible Time Off program. Like most women in the U.S., Kelly spent much of her life worrying about avoiding pregnancy. "Single embryo transfer is the safer, usually more medically effective route," she added. At InHerSight, we use data to help women find and improve companies where they can achieve their goals. "We have hit the inflection point. Infertility is a big issue in the U.S., especially as many Americans like Kelly are waiting longer to start families. Her writing primarily focuses on workplace rights, job searching, diversity, and allyship, and she holds a bachelors degree in media and journalism from the University of North Carolina-Chapel Hill. 
Coverage: $75,000 (includes three cycles plus PGS), Coverage: $100,000 (includes five cycles). While higher wages is the obvious way to get people to work for you, work flexibility and benefits also factor strongly in the decision-making process for many new hires. After deciding to conceive despite the pandemic in 2020, Kelly found she was unable to get pregnant as quickly as she expected. Never miss a story: Follow your favorite topics and authors to get a personalized email with the journalism that matters most to you. Here's how to do it, Money 101 is an 8-week learning course to financial freedom, delivered weekly to your inbox, Meet a 34-year-old who has sold over 11,000 items on Etsy and makes nearly $3,500/month in passive income. 
Better workplaces for women. FORTUNE may receive compensation for some links to products and services on this website. In an effort to attract and retain employees, especially right now, employers are definitely evaluating their benefits, and fertility benefits is one of those, says Theresa Adams, a senior advisor in the Society for Human Resource Managements (SHRM) HR Knowledge Center. When companies offer fertility insurance benefits, the result is employee loyalty, FertilityIQ's 2019-2020 Family Building Workplace Index found. 2022 CNBC LLC. 
Here are just a few of the companies whove begun prioritizing fertility benefits and assisting employees in their journey to parenthood. Read more: LGBTQ-Friendly Companies: 11 Key Contributors to Inclusive Cultures. The cost of one IVF cycle can run an average of $23,474but it usually takes more than one cycle to work, according to Fertility IQ, a fertility information and doctor evaluation website. During the pandemic, fertility preservation procedures like egg freezing have dramatically increased as more and more women are delaying their plans to get pregnant or reducing the number of children they plan to have. Its Carer's Leave program for those who with family members facing serious illness will also be raised from four to eight weeks by April. 
Anderson-Bialis believes that soon, less families will have to feel that squeeze. What they offer: Benefits through Carrot Fertility benefit, which connects employees with IVF, donor and gestational carriers, egg and sperm freezing, and adoption agencies. So they're looking for companies that offer family friendly benefits., Adams calls the current environment a perfect storm for boosting the number of employers who offer these benefits, pointing to not only the tight labor market and workers interest in family-friendly benefits, but also companies recent focus on diversity, equity, and inclusion. What they offer: Assistance with egg, embryo, and sperm freezing, IVF, and artificial insemination; a $10,000 adoption reimbursement per child; and a $10,000 surrogacy reimbursement. By continuing, you agree to Monster's privacy policy, terms of use and use of cookies. Here's how to do it. Coverage: $100,000 (includes four cycles plus pre-implantation genetic screening). I don't think any of us could have foreseen the generosity of coverage being extended to normal employers at normal companies today. A separate survey from Mercer in 2021 found 42% of large companies, with 20,000 or more employees, covered IVF in 2020, compared to 36% in 2015, and 19% covered egg freezing, up from 6% in 2015. - V: 2022.15.0.2-813 -.
"I've had that peace of mind throughout this journey when it came to finances, but putting the numbers to paper really humbles you," said Carroll, who lives in Charlotte, North Carolina. InHerSight is the career navigator for working women. "I don't think any of us could have foreseen the generosity of coverage being extended to normal employers.". The couple spent a total of about $70,000 to eventually have their two children. What they offer: Six weeks of 100 percent paid leave following an adoption, three rounds of IVF per lifetime, and fertility preservation coverage. What they offer: Fertility testing, IUI, IVF, sperm banking, egg freezing, embryo banking, annual storage, and genetic testing, as well as a free annual membership to Kindbody, which is is a network of gynecology and fertility clinics focused on improving the health care experience for people with fertility, contraception, or pregnancy care needs. Last year, the number of employers offering family-building benefitsincluding fertility treatments, adoption and foster supportgrew by 8%, according to the 2021 FertilityIQ Workplace Index, a fertility education company. What they offer: Adoption assistance and a $25,000 family planning benefit that covers IVF, egg freezing, and more. What they offer: Adoption support, fertility benefits, and family leave. Create a free account to get unlimited access to our articles and to join millions of women growing with the InHerSight community, Looks like you already have an account!Click here to login , If you already have an account, click here to log in. 
Nearly 800 employers globally now have some kind of family-building benefits.
We reached out to some and found out what is and isn't covered. U.S. companies have been slowly starting to provide fertility benefits to their employees for some time. 
Terms & Conditions. Founded on the belief that data measurement leads to advancement, we manage the largest database of women-rated companies, and we use those insights to match our users to jobs and companies where they can achieve their goals. Theres also evidence that these types of benefits do help companies retain employees longer, Adams says. 
If you win the $1.02 billion Mega Millions prize, youll be hit with a massive tax CA Notice at Collection and Privacy Notice. What they offer: Up to $10,000 for adoption assistance, fertility assistance, and family planning. 
Instead of having to pay $279 for the device, Kellys employer-sponsored fertility benefits provided the FDA-cleared fertility tracking bracelet for free. Not to mention the fact that most patients need two or three cycles to become pregnant. 
Get this delivered to your inbox, and more info about our products and services. Like you get close to a guy and youre afraid youre gonna get pregnant. When IVF is covered by insurance, there are lower rates of multiple births, which are very costly, she explained. A universal shopping app, nate was created based on the principle of humans inspire, machines execute. That mindset guides their team in earning top scores for The People You Work With, Paid Time Off, and Social Activities and Environment. What they offer: Access to Carrot Fertility benefits, meaning a reimbursement of up to $20,000 for egg freezing, infertility services, and adoption and surrogacy fees per family per lifetime. Disclosure: NBCUniversal and Comcast Ventures are investors in Acorns. Nearly 1 in 5 (18%) offered coverage for egg freezing procedures and 11% were considering it. Smart Cycles are comprehensive coverage and include modernized services such as testing, diagnostics, and lab work. The benefits can have a big impact on those who need them. What they offer: Unlimited access to IVF. And that average hasnt shifted much in the last three years. In fact, the trend has been moving upward for the past couple of years. What they offer: Egg freezing assistance and a reimbursement of 80 percent of incurred costs, up to an annual max of $10,000 and a lifetime max of $20,000. What they offer: A $30,000 lifetime maximum for fertility treatments with no clinic restrictions and $20,000 adoption and surrogacy reimbursements. "Under the Caregiver Relief Program, eligible employees may work with their manager to determine a flexible working arrangement [], explore using 15 days per year of back-up care through Bright Horizons for children or other family members,"a company spokesperson told TheStreet. Kelly, for example, says she plans on sticking around at her company despite the very competitive job environment. Fertility benefits are integral to supporting employees of all gender identities, sexual orientations, and family structuresand its time that employers start prioritizing these benefits as must-haves in order to give all employees more inclusive opportunities in their family planning. What they offer: Unlimited coverage for IVF and egg freezing.
People have been reevaluating their priorities [during the pandemic], she adds. Plus, infertility is common12 percent of women in the US aged 15 to 44 have issues with fertility and the number of people diagnosed with infertility in the past 25 years has grown by 20 percent. A Timeline of Recent Escalations. Any time off that the e-commerce giant's 1.3 million global employees need for elderly parents, however, falls under regular paid time off. Sign up for free newsletters and get more CNBC delivered to your inbox.
That awareness has only sharpened as employees now have the upper hand in a competitive job market. Among companies that do provide fertility coverage, the average lifetime amount provided is about $36,000, according to FertilityIQ. Find all jobs at City of Baltimore on Monster. What they offer: Unlimited fertility coverage. What they offer: Adoption, infertility assistance, and paid parental leave. "We understand that life doesn't stop when our employees leave workcaring for family is their top priority, and we want to assist them in doing so," a spokesperson told TheStreet. Recently, Fertility IQ released its second-annual Family Builder Index, which ranked companies based on the accessibility and comprehensiveness of their IVF benefits. What they offer: Assistance for adoption; surrogacy; egg, embryo, and sperm freezing and storage; artificial insemination; breast milk transportation; and some coverage of fertilization, culture, and semen analysis for gestational carriers. I do think that it definitely has played a role in me wanting to stay and wanting to kind of give it a good old college try, Kelly says. 
And youll be happy to know that several of these are also considered the best companies for working moms and working dads! delaying their plans to get pregnant or reducing the number of children they plan to have, Dr. Fahimeh Sasan, a founding physician at Kindbody, a national chain of egg freezing clinics, says, 12 percent of women in the US aged 15 to 44 have issues with fertility, infertility in the past 25 years has grown by 20 percent, 71 percent of companies looking into offering fertility benefits to support DEI objectives, The 20 Best Companies for Family Growth Support As Rated by the Women Who Work There, Why Women View Your Benefits Differently Than Men Do, How to Make the Job Promotion Process Equitable & Why Women Fall Behind. Not rated An Amazon (AMZN) - Get Amazon.com Inc. Reportspokesperson told TheStreet that it covers infertility treatment coverage and access to infertility treatment specialists for its workers. This churn can be expensive for employers, not only in recruitment fees, but also lost productivity. The flexible return-to-work options include starting back on a Wednesday and condensed three-day weeks for about 2 months. All new parents receive12 weeks of paid leave, while those who have recently given birth can also modify their schedules to shorter hours for the first30 days after returning from bonding leave. More from Invest in You:These 10 companies help pay for their employees' vacationsWhat Gen Z and millennials want from their employers 85% of those who negotiated a job offer were successful. The company also offersbereavement leave that covers still births and miscarriagesand Ramp Back Timethat lets employees work a minimum of 50% of their normal hours while paid regular salary for two weeks after giving birth. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. 
Avas research shows that 30% of women who have been unsuccessfully trying to conceive, get pregnant within a year after using Ava. She compared it to giving someone $5 to go to a Michelin-starred restaurantthats not going to get you very far with the final bill. What they offer: $100,000 for four cycles of IVF (pending proof of eligibility for fertility treatment) and preimplantation genetic screening, and $20,000 for surrogacy benefits. .png)
FertilityIQ's Anderson-Bialis didn't have that peace of mind while he and his wife, Deborah, went through fertility treatments. What they offer: Personalized ovulation and cycle predictions, a daily fertility score, expert research to help employees conceive, comprehensive coverage of alternative paths toward conception, access to high quality care through a premier network of fertility specialists, and personalized support from a dedicated Patient Care Advocate. You now have access to all of our awesome content. "If a patient is paying out of pocket for IVF, they are going to put pressure on their doctor to transfer more than one embryo because they think that leads to a greater chance of pregnancy," Campbell said. That proved to be true for Kelly. By signing up, you agree to InHerSight's Terms and Privacy Policy, You now have access to all of our awesome content. On InHerSight, we connect women to jobs at companies where they can achieve their goals. What they offer: Up to $40,000 for fertility treatments, $20,000 for prescription coverage, and $15,000 for adoption assistance with no lifetime maximum. 
Unfortunately, though, infertility impacts one-in-eight Americans, according to the Centers for Disease Control and Preventions national survey of family growth. Check out below which employers provide the most generous IVF coverage to see if a job at one of these companies would be a good fit for youand your future family. Thank you!You are now a Monster memberand you'll receive more content in your inbox soon. Soon, Carroll will begin her first IVF cycle, which she was told can cost anywhere from $22,000 to $30,000 each round. 
You love scrolling through those fancy homes you'll never be able to afford but, when it comes to fertility and elder care benefits, Zillow (ZG) - Get Zillow Group Inc. Reportis a great place to work. 
About a third of small U.S. employers with less than 500 employees cover some type of infertility service, while 61% of large employers do the same, according to Mercers 2021 survey on fertility benefits. What they offer: Up to $20,000 lifetime maximum that includes egg freezing and embryo freezing. Among employees who received fertility benefits, 61% reported feeling more loyal and committed to an employer as a result, according to FertilityIQ. Ally picked up almost $8,000 in medical costs. When it comes to employees who care for parents, kids or other dependents, Adobe partners with child care provider Bright Horizons and contributes up to $1,200to an employees' dependent care flexible spending account each year. As employers try to entice new workers and keep the ones they have, more are turning to fertility benefits. What they offer: Coverage of four IVF cycles. What they offer: Up to $25,000 per lifetime for fertility assistance. They are also recognizing that families are built in a variety of ways, including single parents and same-gender couples. Be the first to rate this company What they offer: Coverage for fertility benefits through the Publicis medical plans, which includes various fertility treatments such as intrauterine insemination and in vitro insemination. 2608 Erwin RoadSuite 148 #300Durham, NC 27705, InHerSight's 50 Best Companies to Work For, Guide to Paternity Leave: Your Rights, How to Ask & The Future of Leave, All Your FMLA & Maternity Leave Questions Answered, LGBTQ-Friendly Companies: 11 Key Contributors to Inclusive Cultures, 25 Best Jobs for Moms, As Rated by Working Moms (2022), Learning on the Job: 9 Women with Experiential Career Trajectories, 50 Ways to Authentically Say Thank You for Your Hard Work, She Leads: Phyllis Ferrantello Is a Regional Sales Manager at CrowdStrike, 26 Companies with Transgender Health Care Benefits, At Intuit, 2 Amazing Examples of Internal Career Mobility and Development, 6 Emotional Wellness Programs That Help Employees Skill Up, Get free, unlimited access to career advice, inspiration, job matching, and more on InHerSight, Free, unlimited access to career advice, inspiration, and job matching for women, By signing up or logging in, you agree to InHerSight's, Sign up today and say goodbye to popups forever.