employee benefits Stories October 15, 2014

Apple to join Facebook in paying for female employees to freeze eggs to defer child-raising

NBC is reporting that Apple will offer female employees up to $20,000 to cover the costs of freezing their eggs if they want to defer having children until later in their career, following the example of Facebook which recently introduced the same employee benefit.

Fertility specialists advise that women who want to freeze eggs in order to have children later in life should freeze at least 20 eggs, which will typically take two rounds of treatment at a cost of $10,000 each. The $20k fertility benefit offered by both Apple and Facebook should cover this – though there can be storage costs on top amounting to several hundred dollars per month.

The move is likely to be a controversial one, seen by some as a means of supporting women who want to advance their career to a senior level before taking time off for children, and making a tech career more appealing to women, while others see it as a message that women are expected to put their career first and family life second.

Apple recently announced a range of improvements to its employee benefits program, including increased time off for parental leave, reimbursements for educational classes, a Student Loan Refinancing Program for U.S. employees and a matching program for charitable donations by employees.

Photo credit: Lex Van Lieshout/AFP/Getty Images

employee benefits Stories October 2, 2014

Apple announced some new benefits today for employees in an internal email, but it’s also looking to get some press out of the move by making the news public in a statement to Fortune. 9to5Mac has obtained the full copy of the email to employees from the company’s head of HR Denise Young-Smith (embedded below).  

We know how hard all of you are working: from the teams designing, producing, launching, and supporting our incredible products to the thousands of retail employees sharing the excitement and experience face to face with our customers every day. You are the reason we are able to change the world, again and again. We appreciate all that you give to Apple to make us great. Because we want to make sure you get the support you need, we’re excited to introduce significant changes to our global well-being programs for both part-time and full-time employees.

Among the updated benefits are increased time off for parental leave, reimbursements for educational classes, a Student Loan Refinancing Program for U.S. employees and an donation matching program. Smith told employees in her email to employees today that Apple has matched “over $25 million of employees’ charitable contributions” since its Apple Matching Gifts Program started.  expand full story

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