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Thursday, October 16, 2014

Facebook, Apple to fund freezing of ovaries by female staff

There is a dearth of senior women in Silicon Valley so the perks offered by Apple and Facebook could be seen as an attempt to rectify the gender imbalance

San Francisco : Apple and Facebook have added an extra incentive to women considering working at the tech giants by giving female employees the option of freezing their ovaries to attract and retain more women in their workforces in Silicon Valley, according to IANS.

Facebook on Tuesday told the NBC News channel that it had been offering this option to its employees since January, while Apple said that it would begin doing so from the beginning of next year.

The procedure allows women to freeze their ovaries during their most fertile years which often coincide with the most productive period in their professional lives.

The quality of ovaries diminish with age, which puts many women in a difficult position as they have to decide whether to delay having a child or not once they are past the age of 30.The cost of the procedure could amount to $20,000, since two ovarian stimulation cycles are normally required for collecting samples, and the US health insurance policies do not usually cover the costs of the procedure.

offers up to $20,000 (£13,000) for egg freezing for female employees. The company also offers adoption and surrogacy assistance and “a host of other fertility services for male and female employees”, the company said, according to The Guardian.

There is a dearth of senior women in Silicon Valley so the perks offered by Apple and Facebook could be seen as an attempt to rectify the gender imbalance.

Apple said in its diversity report this year that its workforce was 70% male, while Facebook reported its workforce was 69% male, the report added.

The tech companies emphasized that egg preservation was one of many family-friendly benefits they offered employees, which include perks like baby bonuses to spend on diapers and meals and benefits for adoptive and same-sex parents, says a New York Times report.

Sources: http://freepressjournal.in/facebook-apple-to-fund-freezing-of-ovaries-by-female-staff/

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