September 4th 2023.
Abortion reimbursement policies are now being used by companies to attract new employees, however, these same policies have been isolating current workers. This comes after the Supreme Court overturned Roe v. Wade and revoked the right to an abortion. As a result, 15 states have banned abortions and many more have incorporated partial abortion bans.
In response to this, many companies such as Apple, Amazon, Citigroup, Disney, Starbucks, Target, and Tesla are offering to cover travel costs for employees seeking abortion care. It appears that this is a positive for the company, as research comparing companies that offer travel reimbursement policies and those that do not found that offering reproductive benefits increases interest in jobs. Indeed.com reported an approximate 8% increase in job postings regarding abortion access, especially for those catering to female employees.
Survey results from LeanIn.org revealed that women under 40, regardless of their political association, want to work for or would consider switching to companies that fund abortion access. Despite this, there has been pushback from male-dominated positions. Glassdoor company ratings of senior management and culture have been impacted by this news. However, these reviews may only reflect a small number of workers.
Companies that offer abortion financial coverage policies are facing opposition from those who are not in favor. Logan Green, CEO of Lyft, was threatened by Texas legislators after he tweeted that the company would cover costs for travel to obtain abortion care if it exceeded 100 miles.
Emily Nix, a professor of finance and business economics at the University of Southern California and an author of the study, commented on the financial benefits of such policies. She noted that companies with female CEOs or a large female workforce, as well as those that donate to Democratic parties, are more likely to benefit from such policies. Companies that have a greater male workforce or affiliations with conservative parties may not benefit as much.
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