Pinterest Provides up to $20k for Surrogacy Assistance
A leading "new economy" company now provides adoption and surrogacy assistance to employees.
Pinterest is Awesome. Pinterest is the super-popular site that lets you sell your home-made goods online. Wait, I mean it lets you send pictures that are erased after a few seconds. Hold on, wrong again. Pinterest lets you, er, pin stuff? Although I am not totally up on the site and its functionality, I can confirm that the company is showing signs of being a great employer. This week, Pinterest announced that starting July 1, its 500+ employees will be eligible to receive up to $5,000 in adoption assistance, and up to $20,000 in surrogacy assistance. Great news!
Pinterest’s head of Diversity and Inclusion (the ultimate in 21st Century Silicon Valley executive positions) reported that the move was a result of feedback from its employees. Specifically, the executive said that she had a discussion with one employee who was looking to have a child with his spouse through surrogacy, but struggling to figure out the financial piece (surrogacy costs quickly hit six figures).
The newly announced benefits are on top of the company’s generous (for the United States) 16 weeks of parental leave, and $20,000 in fertility benefits.