Yeah same story in NZ. You can take a decent parental but the payout is limited ($500 NZD/pw). Of course, you need a cap but you might end up leaving quite a lo

Yeah same story in NZ. You can take a decent parental but the payout is limited ($500 NZD/pw). Of course, you need a cap but you might end up leaving quite a lot on the table. And on top of that, your value of your annual also depreciates ("You work only half a year full salary, so your annual leave is now 1/2 its origina value")...