More companies cover costs of fertility treatments and family building services

More companies cover costs of fertility treatments and family building services

The latest benefit offered by companies is covering the costs of fertility treatments and other family-building services for workers. These are among many other employee benefits that are now offered as companies try to recruit talent and stand out from their competitors in a tight labor market.

Old requirements like an infertility diagnosis for heterosexual couples before covering in vitro fertilization are becoming a relic of the past. Now employers have expanded basic benefits to singles and same-sex couples who want to become parents. With the Great Resignation and workers quitting in large numbers, a number of major companies are rolling out new family planning benefits. 

Betsey Campbell, a spokesperson for Resolve, the National Infertility Association says, "We are definitely seeing the private sector lead the way in terms of adding fertility and family-building benefits." She adds, "They are recognizing this is important to their employees, and it helps them with recruitment, retention, and diversity, equity and inclusion objectives. It is a way to be a family-friendly company. You cannot get more family friendly than helping employees build families." 

Telecom giant AT&T, financial services firm Ally, IBM, Liberty Mutual, Lyft and TD Bank are among the major employers who offer these benefits while also engendering loyalty and earning HR points on the corporate inclusivity front. 

Source: CBS News 

You might also like

For several reasons, the IT sector is appealing to job seekers. ...Read more

Despite the opposition of restaurant owners who worried it would raise customers' bills, California Governor Gavin Newsom on Monday signed a nation-leading law providing more than 500,000 fast food employees additional authority and rights. ...Read more

Demands for improved pay and workplace environments are coming from workers in California to New York. ...Read more

New graduates from institutions in Nigeria and other African nations have been made aware of job prospects by Microsoft. ...Read more

A mattress company is searching for a role where napping while working is not only acceptable but also required. 'Casper Sleepers' are being hired by Casper, a New York-based business established in 2014. ...Read more

Articles

This Thanksgiving is going to be different, no doubt! But it need not be different in a negative se ...Read more

Americans live paycheck to paycheck, making it difficult to leave their current employer. All thing ...Read more

Millennials are considered to be social people, who live by the ‘work hard play hard’ mantra and ar ...Read more

Background checks are one of the pre-employment requisites to prevent bad hires. About 96% of emplo ...Read more