Apple and Facebook to freeze eggs of female employees (video)By Mason White 12:32 PM October 15, 2014
|Pregnant woman illustration|
By: Feng Qian
(Scroll down for video) In an attempt to keep talented female employees working longer, Apple and Facebook decided to pay the cost of freezing their eggs.
In a press release, Apple said that it will pay both full-time and part-time employees up to $20,000 for costs and storage of frozen eggs.
“We continue to expand our benefits for women, with a new policy of extended maternity leave, together with cryopreservation and storage of eggs as part of our extensive support of infertility treatments,” Apple said in a statement.
Facebook recently began covering egg-freezing costs for non-medical reasons, becoming the first major employer in the technology sector to do so.
A Facebook spokesperson said that the company launched the benefit in response to requests from employees. Egg freezing is an expensive option, but increasingly popular for women, which allows women to delay motherhood.
The procedure is also used by women who have to undergo medical treatments that interfere with fertility, such as cancer. The procedure usually costs up to $10,000 with an additional $500 for storage every year.
Apple also reimburses eligible expenses for the legal adoption of a child.