How much is your employer's adoption benefit?

Question

My Company provides a $5,000 benefit once the adoption is finalized. However, international adoptions cost above and beyond $20,000. I'm hoping to lobby my employer to increase the adoption credit and I'm wondering if anyone out there has a benefit greater than $5,000?

Answer 1

$5000 is extremely generous. This is purely voluntary on the part of your company.

Answer 2

My company will reimburse for up to $5,000 for an adoptive, which I think is very generous. This is a new policy effective 1/1/2007 and I am soooo thrilled since we just started the process of private domestic adoption. Rarely do I hear of more than $5,000, you can try, but I don't think you will be able to be granted more.

Upon a completed adoption (either domestic or international), you would be entitled to almost $11,000 in tax credit from the US government which is also a trememendous help. I try to think of that as another form of financial assistance.

You can also apply for special adoption grants-you may qualify. To apply is free-that site is http://www.nafadopt.org/how-we-can-help/apply.php

Also, I have known some people to adopt from the Ukraine and their adoption costs were under $20,000.

Best of luck to you!

Answer 3

That is a pretty generous benefit. My company (a VERY large one) does not offer adoption benefits other than the same family leave as everyone else.

Answer 4

Sounds like you're really lucky to get any $ at all -- I've never heard of that.

My employer would give me the same as for a natural childbirth -- some weeks (4? I forget) of paid maternity/paternity leave.

Answer 5

I think your employer is most generous. I wouldnt be lobbying them for more money .
Accept it graciously and there other adoption agencies that do not charge as much as $25K. Why not adopt locally ?

Answer 6

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Answer 7

why would an employer pay for your kid???