• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
MPWCommentary

Why Women in Finance and Tech Have a Much Harder Time Getting Pregnant

By
Jake Anderson-Bialis
Jake Anderson-Bialis
and
Valentina Zarya
Valentina Zarya
Down Arrow Button Icon
By
Jake Anderson-Bialis
Jake Anderson-Bialis
and
Valentina Zarya
Valentina Zarya
Down Arrow Button Icon
May 3, 2016, 12:44 PM ET
Feature: Baby from the test tube, artificial insemination, Our picture shows a baby doll in a test tube.
Photograph by Ulrich Baumgarten—Getty Images

As more women have joined the workforce—increasingly pushing into male-dominated fields and claiming plum spots in the C-suites of the Fortune 500—we have also seen a surge in the number of women accessing fertility treatment care.

Of course, correlation is not causation. There are undoubtedly many factors driving the increase in vitro and other fertility treatments. But that’s all the more reason for us to try to get a clearer picture of how a woman’s work is related to her fertility—a task my wife and I decided to undertake, gathering data from more than 1,000 fertility patients across the U.S.

The average successful IVF patient spends more than $60,000 on a treatment cycle, and approximately 70% of those cycles fail. With that kind of financial burden, it would seem logical that women in high-earning fields, such as investment banking, who are more likely to be able to afford multiple cycles, would dramatically outperform lower-earners like teachers in IVF success rates.

And yet, counterintuitively, just the opposite is true.

Our analysis revealed that occupation is one of the most significant indicators of fertility treatment success. We found that teachers are six times more likely to be successful with IVF than their peers in other professions (after adjusting for conflating factors like age, education level, and geography).

The investment bankers? They placed next to last, faring just a hair better than technology engineers (that’s despite the well-reported fertility benefits—such as egg freezing—offered by tech giants like Facebook (FB) and Apple (AAPL)). Patients working in these two occupations were a staggering 60% less likely to have a successful IVF outcome compared with their peers.

fertilityiq-infographic_4.26.2016

How can we explain such a significant difference in treatment success in patients across the country? We believe it’s due to the grim reality of what it means to be a fertility patient, which requires resources money can’t buy:

Time

Modern science has not mastered infertility: An IVF cycle requires constant monitoring by physicians, dose adjustments, and multiple surgeries, all on the tightest of timelines. The fact is, you cannot be a successful IVF patient unless you contort your existence to the rigors of the process.

“Our schedules are definitely more flexible” is a common refrain from teachers who have undergone IVF. Compare this to the life of an investment banker, a job known for its grueling pace. “There was no room in my job to take a day off, let alone a week,” commented one former investment banker.

Community

In addition to time, teachers also typically have a large support system. As one teacher noted, she knew 10 other teachers in her school who went through IVF and had an open dialogue throughout the treatment process. As most fertility therapists, or any healthcare professional, will tell you, community helps. When that community is able to provide fertility doctor recommendations, occasional coverage at work, and emotional support, it becomes irreplaceable.

In contrast, women in high pressure, male-dominated jobs are less likely to have that workplace support system. Their treatment is too often shrouded in secrecy, with some women in research reporting that they do not dare tell their bosses or colleagues for fear of being overlooked for a promotion or relegated to the “mommy track.” That experience can be lonely and “stressful beyond belief.”

Sign up: Click here to subscribe to the Broadsheet, Fortune’s daily newsletter on the world’s most powerful women.

State of mind

Speaking of stress, jobs that take a psychic toll on women in fertility treatment—either due to the anxiety of hiding the process from co-workers or simply the demands of the roll—can also affect results. According to RESOLVE, a non-profit dedicated to reproductive health, 10 of the last 14 major studies on the subject suggest that “the more anxiety or depression the women expressed before undergoing IVF, the less likely they were to get pregnant.”

Given these findings, it would be easy for us to dismiss Silicon Valley and Wall Street as ruthlessly callous toward women pursuing fertility treatment. The truth, however, is that it’s easier for companies to protect the interest of working mothers than hopeful mothers.

Working mothers have undeniable competing responsibilities because they have kids. Fertility patients do not. Working mothers self-identify and have a voice. Fertility patients are often shrouded in stigma and opt not to tell a soul. Working mothers draw strength from their peers. Fertility patients are a small and often temporary community.

It can be hard for people to recognize that that infertility needs the full-time devotion required by a sick child or an illness. Indeed, companies often benefit from one of infertility’s contributing factors: an unflappable devotion to work that supplants our ability to build a family before it’s too late. Now, one in eight couples is reported to be infertile. It’s time to recognize this phenomenon for what it is: a crisis.

Jake Anderson-Bialis is a former partner at Sequoia Capital and the co-founder of FertilityIQ, an online community where patients assess fertility doctors and clinics.

About the Authors
By Jake Anderson-Bialis
See full bioRight Arrow Button Icon
By Valentina Zarya
See full bioRight Arrow Button Icon

Latest in MPW

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in MPW

takaichi
Arts & EntertainmentJapan
Japan’s Prime Minister welcomes Deep Purple, capping 50-year love affair with heavy metal: ‘You’re my god’
By Mari Yamaguchi and The Associated PressApril 10, 2026
2 days ago
Eva Longoria secretly worked as a headhunter from her soap opera dressing room for three years—because she refused to be a ‘struggling actor’
SuccessThe Promotion Playbook
Eva Longoria secretly worked as a headhunter from her soap opera dressing room for three years—because she refused to be a ‘struggling actor’
By Orianna Rosa RoyleApril 10, 2026
2 days ago
Fortune 500 Power Moves: Which executives are gaining and losing power
C-SuiteFortune 500 Power Moves
Fortune 500 Power Moves: Which executives are gaining and losing power
By Fortune EditorsApril 3, 2026
9 days ago
The short, uneasy tenure of Pam Bondi
NewslettersMPW Daily
The short, uneasy tenure of Pam Bondi
By Emma HinchliffeApril 3, 2026
9 days ago
Olympic champion Eileen Gu’s advice for women seeking her heights of career success: Don’t be a small fish in a big pond, ‘Create your own pond’
MPWMost Powerful Women
Olympic champion Eileen Gu’s advice for women seeking her heights of career success: Don’t be a small fish in a big pond, ‘Create your own pond’
By Emma HinchliffeMarch 31, 2026
12 days ago
Can Sheryl Sandberg’s Lean In take on tradwives and the manosphere?
NewslettersMPW Daily
Can Sheryl Sandberg’s Lean In take on tradwives and the manosphere?
By Emma HinchliffeMarch 27, 2026
16 days ago

Most Popular

'This is the last warning.' Iran threatens U.S. warships after they throw down the gauntlet for winner-take-all Strait of Hormuz
Politics
'This is the last warning.' Iran threatens U.S. warships after they throw down the gauntlet for winner-take-all Strait of Hormuz
By Fortune EditorsApril 11, 2026
14 hours ago
Palantir CEO says AI ‘will destroy’ humanities jobs but there will be ‘more than enough jobs’ for people with vocational training
Future of Work
Palantir CEO says AI ‘will destroy’ humanities jobs but there will be ‘more than enough jobs’ for people with vocational training
By Fortune EditorsApril 11, 2026
1 day ago
The 'affordability economy' has created a housing market nobody predicted: Prices collapsing in the Sun Belt, soaring in the Rust Belt
Real Estate
The 'affordability economy' has created a housing market nobody predicted: Prices collapsing in the Sun Belt, soaring in the Rust Belt
By Fortune EditorsApril 11, 2026
1 day ago
Warren Buffett says 'accumulating great amounts of money' doesn’t achieve greatness—He still lives in a $31,500 Nebraska home and clipped coupons
Success
Warren Buffett says 'accumulating great amounts of money' doesn’t achieve greatness—He still lives in a $31,500 Nebraska home and clipped coupons
By Fortune EditorsApril 11, 2026
1 day ago
Navy tests Hormuz blockade as expert says U.S. military prepares for round 2 and could degrade Iran's hold over the strait to a 'manageable level'
Politics
Navy tests Hormuz blockade as expert says U.S. military prepares for round 2 and could degrade Iran's hold over the strait to a 'manageable level'
By Fortune EditorsApril 11, 2026
20 hours ago
Scottie Scheffler joined Tiger Woods and Rory McIlroy in golf's $100M club—and donated his entire Ryder Cup stipend to charity
Success
Scottie Scheffler joined Tiger Woods and Rory McIlroy in golf's $100M club—and donated his entire Ryder Cup stipend to charity
By Fortune EditorsApril 10, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.