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Has the fundamentals of BLB Limited (532290) changed ✌️【Free Access to Stock Club】✌️ Free global stock market data to help you plan the best investment strategies and seize market opportunities. Some companies are offering coverage for things like egg freezing, in vitro fertilization and breast milk shipping for traveling employees. Not only are these benefits a good way for employers to attract talent in a tight labor market, but they help companies retain existing workers as well.

“They have a hard sell to make to employees that have so many alternatives today so they want to make an offer that’s more than just money. It creates a bond and loyalty and connection and culture,” said Julia Pollak, chief economist at ZipRecruiter.

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In 2021, 66% of large employers covered some level of fertility treatment, up from 61% in 2020, according to Tracy Watts, senior partner, national leader for US health policy at Mercer.

Employers are also being more inclusive with their offerings to include LGBTQ and single workers, according to Watts. Currently, nearly one-third of large employers offer inclusive family-building support, Watts said.

Fertility benefits provider Carrot Fertility, has seen an increase in the number of companies that offer its services to their employees in the past two years, according to chief human resources officer Leslie Neitzel.

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General Motors rolled out a benefit that reimburses for fertility treatments, surrogacy, and adoption expenses, up to a lifetime maximum of $40,000. And Cisco offers full-time employees in the US and Canada up to a $50,000 lifetime maximum reimbursement for family planning expenses such as IVF and harvesting, freezing or storage for eggs, sperm and embryos. And $20,000 for surrogacy or adoption support.

“No longer are employees coming to a prospective employer and saying, ‘tell me about medical, dental and vision.’ They’re also wanting to understand things like ‘what support do you offer impending parents?’ Particularly the generations that are coming into the workforce,” said Neitzel.

Establishing a routine with a new family member can take time, and for many new parents it’s helpful to have the option to ease back into work.

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“After taking the 24 weeks, there is something really important about easing back into the work week in a way that is not so shocking,” said Melanie Collins, chief people officer at Dropbox. “Coming back to work is a big transition.”

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Offering work schedules outside the traditional 9 to 5 can also help parents with work-life balance.

In 2020, Dropbox announced it would be “virtual first,” which means the majority of workers would be permanently remote.

“We have non-linear workdays,” said Collins. While there are designated four-hour core collaboration hours based on time zones, employees have flexibility with their work time, which could mean picking up kids in the afternoon and finishing up work later.

“It allows for the harmony to exist between your work and life and gives employees more agency over how they spend their time,” said Collins.

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One way employers can help is to offer on-site childcare, or a subsidy to help cover costs. Mercer’s survey also found that around one in 10 large employers either currently offer or have plans to offer on-site childcare by 2023.

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“It’s always been part of our culture to integrate families and work,” said Jenn Mann, chief human resources officer at SAS. “How in the world can employees focus on their work and be creative and innovative if they’ve got these real stressors of dealing with life?…if you can get rid of those stressors and distractions, not only does it help the employee do work, there’s an emotional connection.”

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Boston-based law firm Mintz offers up to 15 days of paid leave for employees after a miscarriage. Workers can also get up to five days in a 12-month period after a failed surrogacy, adoption or fertility treatment.

“The path to partnership at a law firm overlaps pretty directly to the path to parenthood,” said Geri Haight, an attorneyat Mintz and chair of the firm’s Women’s Initiative. “It is really an important recognition of the firm to offer a benefit that reflects some of the challenges and struggles that our employees go through walking both paths at once.”

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“Companies are looking at what benefits they need to bring back into the office space as employees hit the road again,” said Kate Torgersen, founder and CEO of Milk Stork, a breast milk shipping company.

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“There are a lot of companies offering the benefit because they have people who have to beon the road… they recognize that providing family-forming benefits is the way to attract and retain top talent in a very competitive market,” said Torgersen.

Having supportive workplace policies, equipment and space for employees who need to pump at work can also help with the transition back to work.

“Having a hospital-grade breast pump available to you at work is amazing, it’s one less thing to lug,” said Torgersen.

Has the fundamentals of BLB Limited (532290) changed ✌️【Free Access to Stock Club】✌️ Free real-time stock market data, professional analysis, and expert insights to help you plan the best investment strategy. Get ahead of the competition with expert predictions on market trends. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Predictions 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.

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