Accounting

Thoughts on KPMG being the ONLY big four who doesn't pay for IVF? and the CEO is so vocal of supporting women in the workplace?

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KPMG is a big four. We pay higher compensation than the other big four. Use the extra money for whatever you want. Our CEO is a woman and she supports women. I don’t think she’s depriving women of anything.

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likefunny
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Oh no! Now OP will have to find something else to complain about.

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I am sorry you are going through this OP. When I did IVF, none of the firms offered it as a benefit. We got benefits through my husband’s insurance at the time. Hang in there., OP. It’s a rough road ahead. I wish you the best.

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Fact: a company not paying for IVF does not equal a company not supporting their female employees.

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likesmart
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OP you’re clearly upset. I’m sorry it’s so hard on you. Not sure what position you’re in but if you want help getting in touch with our new culture officer I’d be happy to help you. She seems like a real nice lady and on the first call she talked about her own late age pregnancies... so she’s probably more sensitive than most and could bring this to leadership

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Unpopular opinion but should the firm pay for ivf? It’s a very sad situation but also voluntary.

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Yes.

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Isnt IVF new for 2020 plans?

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Why don’t you seek the benefit from your spouse’s employer? Hmmm... maybe it’s because they don’t offer it either!

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So are you saying she should switch insurance and wait 6 months, or you think people pay for family coverage at both employers???

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My KPMG benefit plan has IVF (I just confirmed a few months ago). You may want to check your options. There may be another plan that offers the benefit

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Which plan covers IVF?

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Deloitte, PwC, and EY are paying up to $25-$30k to support their employees. If you break down how many employees are trying to conceive and then the percentage of that subset who have fertility multiply by IVF then divided among all employees, its like$50/person/month but KPMG doesnt offer. $10k towards adoption but nothing towards IVF. It's not like it was a choice! Doctor said I had no other way.

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Full disclosure: my primary driver to leave KPMG was comp. The IVF was the additional benefit conferred to change jobs. When my wife and I started looking into IVF, we sat down and looked at the costs, what our health insurance covers, and what we might need to cover out of pocket. I recommend that anybody looking this route sit down with their doctors practice administrators who can educate you on this. When we looked at the costs, given the demand for my skill set, I left (even got a massive bump and better bonus). This isn’t a discrimination matter, it’s a question of availability of benefits. Some companies are better than others. Some have great health insurance but lousy dental (KPMG dental was bad also). Some have great vision plans but the 401(k) match sucks. Do your research as you get older. When you’re interviewing, ask HR for a benefits pack if an offer is made. Companies aren’t going to explain their benefits to you, you need to educate yourself. The feeling you have sucks, but you can always come back to KPMG later on (so long as your hopefully future kids good teeth).

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Woah woah woah why is this the first I’m hearing of EY doing this ?!!!! Is it free or a portion compensated? I need details ASAP.

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It runs through normal insurance that you are enrolled in (BCBS or UHC). It's $25k of the negotiated rates (even better since if it's in network it's negotiated rates which goes further). Works for IVF or IUI. You can also adopt out of the same 25k pool of money. Anything left you can use for a second attempt or adoption.

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likehelpful
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OP, I am sorry you are going through this. Definitely you can consider switching firms...

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Just move to one of the other three companies. It shouldn’t be hard. You might even get a raise in your salary! Good luck with your IVF! To be honest, I real think you shouldn’t stay in PA anymore. Or maybe take a sabbatical. Stress can prevent you from having babies.

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I also heard my friends complaining about irregular period when she was in PA. And after she moved to industry, she doesn’t have that problem anymore.

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Kpmg does cover the testing phases of infertility work. But sure, that would be great!

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