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Parental leave
An employee benefit that provides job-protected leave from employment to care for a child.
An employee benefit that provides job-protected leave from employment to care for a child following its birth or adoption. It is usually available to both mothers and fathers and can vary from country to country. Some leaves are paid, others may be partially or fully paid depending on the employer and any statutory requirements in the country the employee resides in. Many countries have employment insurance that pays partial salaries to those on parental leave.
Related Glossaries
Wage
A wage is a fixed payment for services rendered.
W9
W9 is a form you’ll need to complete for your employer.
ACH
(Automated Clearing House) or ACH transaction, is an electronic bank to bank money transfer.
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