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Adoption benefits vary widely by firm size

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in FMLA Guidelines,Human Resources

The top organizations on Conceive Magazine’s list of the 50 Best Companies for adoption benefits offer more than $100,000 for in vitro fertilization and other reproductive treatments, or $60,000 for treatment combined with generous paid leave. Some give employees more than $15,000 toward the adoption of a child, or $10,000 combined with generous paid leave for adoptive primary care givers.

But among the 50 Best Companies, benefits range from modest to grandiose. Some examples:

  • Verizon’s benefits include $10,000 per full-time employee per adoption, with no lifetime cap, and fertility drug coverage under the company’s prescription plans.
  • American Electric Power reimburses employees up to $3,000 per child for adoption-related expenses and allows up to 40 hours of paid leave for new adoptive parents.
  • The McGraw-Hill Cos. offer a $10,000 reimbursement to cover adoption expenses and three weeks of paid leave. In addition, the organization supplies each adoptive parent with a handbook to guide him or her through the process.
  • Fifth Third Bank's full-time employees can qualify for $5,000 of financial assistance and up to six days of medical leave, which runs concurrent with FMLA entitlements.

For the full list of the 50 Best Companies, visit conceiveonline.com/fifty-best.

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