Employer-Based Fertility Benefits on the Rise
Human resources experts have long emphasized the positive impact of such benefits on recruiting and retention.
September 4, 2024
Forty-two percent of U.S. employers now offer fertility benefits, according to a report recently released by the International Foundation of Employee Benefit Plans—up from 30% in 2020.
More employers now offer every type of fertility benefit IFEBP collected data on, with fertility medications and in vitro fertilization leading at nearly one-third of employers offering both (compared to 24% of employers in 2020). Corporations were more likely than public employers to offer every type of benefit, a review of the report showed.
“The increasing number of plan sponsors offering family-forming benefits indicates that they are a highly-valued benefit by employees,” Julie Stich, vice president of content at IFEBP, said in a statement emailed to HR Dive. “Additionally, these benefits are a positive way to create a more inclusive workplace.”
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