Coinbase Offers $5k Egg-Freezing Benefit in Bid to Retain Talent

Silicon Valley cryptocurrency unicorn Coinbase has taken an unusual and expensive step to recruit and retain diverse employees.

Since the summer, Coinbase has quietly offered to cover up to $5,000 a year for treatments like egg-freezing through the fertility benefits startup Carrot. This employee perk, which helps women conceive children later in life, is provided in addition to Coinbase’s health insurance options.

One Coinbase employee, who preferred to stay anonymous, told CoinDesk:

“It’s definitely a luxury, which is why I feel fortunate that Coinbase and Carrot help make family planning more simple and affordable. It’s frankly a relief not to have to worry about family planning on a day-to-day basis.”

The benefit puts Coinbase in an elite category of employers with Google (NASDAQ:GOOGL), Apple (NASDAQ:AAPL), and Facebook (NASDAQ:FB), which also offer egg-freezing benefits.

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