3rd Annual Family Friendly Benefits Survey
Conducted by BenefitBump in January of 2023
What to expect from this report:
This study aims to gauge the family-friendly benefits currently offered in 2023 by employers of all sizes, industries and geographies.
4 Trends Identified:
Employers are offering more expansive and inclusive fertility coverage. Over 60% of employers surveyed cover IVF, over 50% cover IUI, and 47% cover GIFT treatments. 74% of those respondents offer these benefits to same sex couples and single parents-to-be.
Employers are offering employer paid parental bonding leave and expanding parental leave to both birth and non-birth parents. In our 2021 survey 60% of employers offered parental leave and in our 2023 survey 70% of employers offer parental leave and 78% of those employers offer the same leave to both birth and non-birth parents.
More organizations are offering childcare resource and referral services to support working parents. Childcare resource and referral services were only offered at 55% of employers in 2021, in 2023 67% of employers offer them.
Employers are prioritizing retaining their current workforce and enhancing the employee experience.