In an unusual step to assist and support their women employees, Apple and Facebook have both declared they will take in charge the cost of egg-freezing procedures for women who want to postpone their family plans in the advantage of improving their careers. Facebook started their incentive in January early this year while Apple will commence it in the beginning of 2015.
Today, the oocyte cryopreservation method costs around $10,000 with a supplementary cost of $500 per year as a maintenance fee for the frozen egg storage. Each of Apple and Facebook will provide up to $20,000 for the process under their health benefit programs for fertility and pre-conception.
According to Brigitte Adams, an egg-freezing supporter and founder of the patient forumEggsurance.com “having a high-powered career and children is still a very hard thing to do”. She added that by providing this perk, companies are investing in women, and supporting them in shaping the lives they want.
Though the methods and success rates are increasing, the egg freezing procedure has no guarantee to lead to a baby. According to experts, the earlier a woman has her eggs frozen, the bigger are her chances of success and the recommended quantity of eggs to freeze should be around 20. Over the past year, fertility doctors in New York and San Francisco declared that the rate of women freezing their eggs has doubled.
According to a survey published in the journal “Fertility and Sterility”, women who froze their eggs said they felt “empowered”. They were able to go beyond the ticking biological clock and acquire a freedom feeling especially in making career choices.
In this very competitive corporate world, young women want to consecrate their young adulthood to go further in their careers and to prove themselves. But they feel limited when they have to take some time off to raise a child. And whenever they come back to work, the benefits are not the same as the ones expected if they didn’t have to take this leave.
There is indisputably an enormous corporate profit to this incentive, as Apple and Facebook are less likely to momentarily give away young female employees to parenting. This new procedure to support the family and the profession objectives of their employees may place them in the lead for attracting career-driven women.