Women at work – are egg freezing allowances a perk at all?

In the last week, companies like Apple and Facebook have laid the seeds for what is now known in HR lingo as the perks war. Facebook has announced that it has recently began covering egg freezing, and Apple will start in January next, benefiting women employees who would like to postpone child bearing in the prime of their career.

Reacting to this, and also laying down an Indian HR context to this, Mr D Venkat, CE,O, Strides HR Consulting said here – “In my experience of managing rewards for candidates, what really works as a morale booster at the workplace are clearly quantifiable and tangible rewards. Egg freezing perks, which the global techies have offered are grossly misleading from the point of the final outcome. It’s just a hype, and the cash rich valley techies are making much ado about nothing, with their ability to throw cash. In the case of egg-freezing, when we consider the view of medical professionals, it is clear that the outcome is not just assured”

Perk or Illusion? Do egg freezing allowances mean anything?
Perk or Illusion? Do egg freezing allowances mean anything?

“There are many other ways in which the corporate can communicate that the women employees are more than equal; Egg Freezing perks certainly do not in reality make the women equal” he emphatically added.

He also mentioned that technology such as egg freezing are no guarantees for a successful or healthy pregnancy and delivery. Quoting medical information which is relevant to such perks and the outcome, he said – as per eminent doctors, in order to attempt pregnancy, egg freezing must be followed by in vitro fertilization (IVF) with another laboratory procedure; data available globally reveals a 77% failure rate of frozen eggs in women aged 30 and a 91% failure rate in women aged 40.

Looks like, egg-freezing allowances are not a real perk, after all the hue and cry?!

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Team Newswyre

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Women at work – are egg freezing allowances a perk at all?

Not so Sunny for Nissan India owing to recalls – Sunny and Micra!

As a part of the global recall of its some makes of its vehicles, Nissan will also extend its recall in India – its is learnt from sources and auto bloggers that the company will recall approximately 9000 units of 2 models of vehicles – its B segment hatchback Nissan Micra, and Sunny, the mid-sized sedan.

This recall is aimed at replacing the defective airbags in these vehicles, which have been manufactured between the years 2008 and 2012.

The defective airbags which have been provided in these recalled vehicles have been supplied, it is said, by Takata. Takata is a Japanese auto-components giant and they also would face reputation problems as the airbags are said to have been supplied with serious manufacturing lapses.

The voluntary recall for safety of vehicles and passengers was commenced in India in the year 2012, pioneered by SIAM, the auto manufacturers body in India. Since the commencement of the program, over 7 lakh vehicles produced by various manufacturers have been recalled in the country.

12, Society of Indian Automobile Manufacturers (SIAM) started voluntary recall for safety of vehicles. Since last two years, over seven lakh vehicles manufactured produced by various auto giants in India have been recalled. The Government of India is evaluating options of structuring an imperative recall policy under which penalties could be imposed as a part of new Central Motor Vehicle Rules.

The central government is also evaluating the need for a policy to impose stringent penalties on such auto recalls in the country.

Team Newswyre

Not so Sunny for Nissan India owing to recalls – Sunny and Micra!