Technology giants Facebook and Apple offer even-greater maternity benefits in their attempt to make Silicon Valley friendlier to female talent. The latest benefit these companies have offered their female employees is to pay for freezing their eggs.
Facebook introduced this as a part of its surrogacy benefits, and Apple will pay bills up to $20,000 for egg freezing procedures undertaken by its female employees. This comes as an addition to Facebook’s $4,000 bonus to new parents, while Apple offers an 18-week paid maternity leave.
The move is in line with the trends on the egg-freezing market. The number of women choosing to freeze their eggs has risen four times in the last four years, according to Dr Alan Copperman, director of the Division of Reproductive Endocrinology at Mount Sinai hospital.
The procedure costs an initial $10,000 with an annual fee of $500. It has become so popular that some families opt for it as a present. Some parents pay for the procedure for their young, ambitious daughters.
It’s not surprising that statistical data show that men with children earn more than women with children, but Dr Cooperman believes that egg-freezing could help level up this discrepancy.
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