Fertility Benefits Promote DEI in the Workplace
Offering your employees a way to grow their families is a great way to let the world know that your company is committed to the physical and emotional wellbeing of their teams. It is also a proven approach to attracting and retaining women, members of the LGBTQ+ community, and others who need assistance to bring children into their lives.
Family-Friendly Employee Benefits Help Attract and Retain Top Talent
Employers are facing an increasingly competitive labor market. The unemployment rate is at 3.5%, which the Federal Reserve classifies as full employment. First-time jobless claims are at their lowest levels since 1970, while wages have steadily climbed over the past year. Companies are working harder to attract and retain quality employees, and higher pay is just one arrow in their quiver.
To entice and keep top-tier talent, many organizations have started offering, outside of traditional compensation plans, benefits which explicitly help employees start or expand their families.
Inclusive Employee Benefits Can Increase Loyalty and Goodwill
Family-building benefits create significant goodwill between employers and employees because they show that a company is sensitive to its workforce’s needs outside the workplace. Studies have shown that employees who use these benefits have increased loyalty to their employer, and even employees who never plan to use this coverage view them positively. These benefits typically cover treatments like in vitro fertilization (IVF), intrauterine insemination (IUI), adoption support services and fertility drug prescriptions, and surrogacy.
- Build employee loyalty
- Reduce staff turnover
- Become an employer of choice for job seekers
- Increase diversity
For more information about how ARC Fertility can help you reach your DEI goals by offering creative fertility benefits please contact 1-888-878-0025 or [email protected].
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