I'm having trouble figuring out what you mean by 480 days. Per year? Per child? Per couple, for the duration of their marriage? What if one parent doesn't work? I guess it doesn't work how I first assumed (per year), because if you transfer all but 90 days, then one parent has 370 days off in a year, which is both far beyond the number of work days in a year and slightly more than the number of days in a year.
Per child to be used before they turn 12, though only 96 days can be saved past their 4th birthday.
Edit: what we have done for both kids is that when a child was born we first took two months off together, then my wife stayed at home for a year, after which I stayed at home for half a year. At 1.5y they started daycare.
The remaining days we use as emergency vacation days because the generous Swedish laws make them impossible to deny if requested a few months in advance.
I am not trying to be annoying here but I always love to explore edge cases. If you had a kid every year for 10 years does that mean one of the parents could essentially be paid to stay home for 10 years in a row?
Where I live, another Northern European country, we also have this, and the answer is yes. Parents can take up to 2 years off work, so only 5 kids needed.
The company doesn't pay anything, but your salary is paid for by the government. However the amount they pay is limited to €2000/mo, and it decreases based upon how long you take off. If you take the full 2 years, you will only be paid €800/mo.
Additionally if you have two kids you get an extra day of PTO each month, and if you have three, it's two days.
Ah, of course. I was assuming the company would pay whatever your last salary was before the paid time off. It’s much easier for me to comprehend when the government is paying a fixed amount.
Pretty sure it's not fixed. It should be dependant on your last salaries with a ceiling (which is probably the mentioned 2k, but I have no clue). Not sure if there was a floor as well, was never relevant to the people telling me about it I guess.
that's how it works in Czechia, except you can stay at home 3-4 years (!), so once one child is old enough to be accepted in kindergarten (age 3), you are usually having the other one, so essentially mothers usually stay at home 5-6 years with two kids
mind the parental leave welfare (literal translation Maternal vacation / materska dovolena) ain't that amazing, although it's also not that low - first 27 weeks it's paid by your employer (if you had one prior giving a birth), that one is pretty high based on your salary (I think only mother can take it, not sure) and then you are eligible to receive parental allowance (rodicovsky prispevek) - 300K CZK (12K EUR) which can be used as fast/slow as you want up to 4yo kid AFAIR, so it will essentially cover 2 years of decent income or 3 years lower welfare
since my wife wasn't employed in EU prior giving birth, we were not eligible for Maternal vacation welfare, only for parental allowance, which we applied since birth for both kids and I was actually the applicant since they don't distinguish between gender of recipients of alowance
after these years then if you don't have high enough income you are also eligible for child allowance (pridavek na dite), but that one is not worth mentioning, it makes like 20-40EUR per kid per month, so makes really difference only for poorest families, since you have to go to bureau 4 times a year to prove your low income to get this joke
edit: updated terminology to better distinguish between welfare kinds
If you had 10 kids a year after year, then you would need stay at home parent and that parent would need significant help. There is literally no way to deal with 10 kids and a job.
But also, the woman's body would likely break with that schedule of being pregnant.
> But also, the woman's body would likely break with that schedule of being pregnant.
Bach’s wife had 20 children. Only 10 of them survived. I literally can’t even imagine having one.
My wife went through several and would have cheerfully had many more but her autoimmune system turned against her. She’s a self-admitted bad mother, but absolutely loved being pregnant.
Which one? Cause he had 13 children with Anna Magdalena Wilcke. If he had 20 more children with another one, it would amount to 33 kids by Bach.
Loving being pregnant or not does not make pregnancy year after year for 10 consecutive years less difficult on body. That schedule means you are constantly pregnant, often pregnant while breastfeeding and sleep deprived from baby. While having two toddlers. It takes toll on the body.
A pregnancy induced condition in which not enough white blood cells are manufactured. By the time our last one was born, she was producing none. She needed a transfusion while the birth was happening. She also has ongoing autoimmune conditions separate from that, and the medicine for them costs $50,000 a year.
My most successful investments were a couple of businesses I started (one with a 129x investment on $100k), Precious metals when they were far far cheaper than they are now (Silver was five dollars an ounce when I bought) and also domain names.
I lost money investing in a local gym, and a whole lot of money trying to compete with craigslist. Never put in more than I could afford to lose. Translation: I never lost so much that my wife complained.
I am theoretically at retirement age so I converted a bunch of cash into real estate without mortgages, I hold a fair amount of cash in case an opportunity arises, and I still invest aggressively in slightly risky tech index funds.
With the looming demographics crisis, it could actually be a great deal for society if parents did this! The problem is that despite all these child friendly policies we are still below replacement rate.
Yes but they will tank their future pension payments, and current pay raises. So there is a cost for those that do. If you're unemployed it doesn't matter much though.