Leading Companies Offering Menopausal Benefits in 2024

As awareness of menopause and its impact on the workplace increases, some forward-thinking companies are beginning to offer specific benefits to support their employees during this transition. With the US economy losing billions annually due to menopause-related productivity losses, these benefits are not just a perk—they're a strategic investment.

The Cost of Ignoring Menopause in the Workplace

The Mayo Clinic estimates that the US economy loses approximately $26.6 billion each year due to menopause symptom management, with $1.8 billion attributed to lost productivity. This significant impact underscores the need for tailored menopausal benefits to improve both employee well-being and business operations.

What Are Menopausal Benefits?

Menopausal benefits are designed to specifically address the needs of employees going through menopause. They can include:

• Flexible work arrangements: Allowing employees to work from home or adjust their work hours.

• Access to hormone therapy and other medical treatments: Providing coverage for treatments that alleviate menopausal symptoms.

• Menopausal leave: Offering time off for those experiencing severe symptoms.

• Counseling and wellness coaching: Supporting mental health through specialized services.

• E-learning and internal events: Educating employees about menopause.

• Toolkits and conversation guides: Helping to facilitate discussion and reduce stigma.

Companies Offering Menopausal Benefits in 2024

Here’s a look at some companies that are leading the charge in supporting menopausal employees:

1. Microsoft: Introduced menopausal benefits globally in July 2023, with significant employee engagement reported across multiple countries.

2. Adobe: Offers access to services like Peppy Menopause and Peppy Fertility in Europe, focusing on personal well-being.

3. Nvidia: Provides clinical and emotional support for menopausal employees in the UK and the US, receiving positive feedback.

4. Organon: A pharmaceutical company that not only researches menopause but also implements internal policies to support employees, such as menopausal leave and workplace adjustments.

5. Standard Chartered Bank: Rolled out menopausal benefits globally, including access to specialized medical practitioners and support for flexible working policies.

6. The NBA: Partners with Carrot Fertility to offer menopausal benefits as part of a broader suite of family-building benefits.

7. Palantir: Also utilizes Carrot Fertility to provide menopausal benefits, demonstrating a commitment to employee health in a challenging industry.

8. Abercrombie & Fitch: Another Carrot Fertility client, showing that even fashion retailers are recognizing the importance of menopausal benefits.

Will This Trend Continue?

While offering menopausal benefits is a positive step, the long-term commitment of companies to these initiatives can vary based on economic pressures and profit margins. The true test will be whether these benefits are maintained over time, especially during economic downturns.

However, as public awareness and advocacy for menopausal support in the workplace grow, it is likely that more companies will recognize the value of these benefits—not just for their employees, but for their overall business success.