You will receive your maternity leave pay on your normal payday. I remember during my one year of maternity leave, I was so exhausted as my baby wasn’t sleeping through the night until around 6 months. In summary, the 12 vs 18 month parental leave is pretty much the same benefit but stretched out over a longer period of time for the 18 month leave. @Helen- Yes, dads or moms can use the parental leave but only one person can use it at one time. It’s great that y’all can get 12 months or even 18 months of parental leave. Maternity leave can be taken before or after birth within 60 days of delivery. We have a 6 month fully paid maternity leave in India. The calculator is for illustrative purposes only and assumes maximum Employment Insurance benefits for pregnancy (15 weeks) and parental leave (35 weeks). There are a number of people who I know that work in the private sector who get a full year’s top up! This is just an estimate. 5 extra weeks of standard parental benefits, or; 8 extra weeks of extended parental benefits So after I did my computer training and worked a shift, I was off for another 2 weeks. @Shirly- Is the maternity leave fully paid (6 months) paid for by employer or is it subsidized by the government? If you don’t get a top up, the calculation is even more simple- the amount that you receive from EI from the government is the same over 12 months as it is over 18 months. To complete your estimate, you need to know your average insurable earnings (before taxes) for those weeks. When your maternity leave starts you will begin to get maternity allowance from Kela. Here are the differences between the US and Canadian maternity leaves according to Investopedia. The maximum EI payment is around $2000 a month. You can change your answers and recalculate to get updated results. By law, you should tell your employer that you are pregnant no later than 15 weeks before your baby is due. Let’s make the same assumptions as the previous example, with a baby born June 2018 and a salary of $75,000. Social welfare: You may be able to get Maternity Benefit from the Department of Social Protection (DEASP) if you have enough PRSI contributions. However, the confounding factors are access to childcare (and how much it is and how soon you can access it) and whether both parents can take parental leave at the same time (the answer is no but it can be shared). If you wait more than 4 weeks after your last day of work to apply, you may lose benefits. At Fidelity Canada, a parental leave program tops up the benefit to as much as 100 per cent of the employee’s salary for 25 weeks. And it’s unemployment, so you get like 60% of pay maxed out at $450 or something like that. After my son turned 1 year old, I think I was ready to go back to work and have a change in routine other than nap, eat, play, and repeat. Related: RESP in Canada: The Ultimate Guide on How the RESP Works, To recap, if I were making $75,000 annually prior to going on maternity and parental leave in Canada, and I were wondering how much you would get from EI every week for 12 months vs 18 months maternity leave…. I am planning to work part time when I return so I think it should be okay with 12 months of leave. I really like this comparison. Running the numbers with the above scenario, it makes more financial sense to opt for the 12-month leave. EI maternity and parental leave in Canada. Statutory holidays – Paid ‘stat’ or public holidays observed in Ontario (or in Canada, at a federal level) (see table below for Ontario public holidays in 2020). There is an option to take 120 or 150 days of leave: 120 days is paid at 100% and 150 days at 80%. Ordinary maternity leave (OML) — the first 26 weeks of maternity leave. To qualify, you’ll have had to work 600 insurable hours and also be hit with a 40% decrease in income during your leave. To calculate your benefit amount, we use a specific number of your highest paid weeks of employment. Lol. Related: A Tale of 4 Maternity Leaves: Comparison Between 4 Countries. Mothers receive a maternity grant when they are pregnant either in the form of a maternity package or as a tax-free lump sum of EUR 170. And in 2020 my income would be $75,000 again. At Desjardins, a top up for mothers replaces as much as 95 per cent of their salary for 18 weeks; for fathers, it’s 95 per cent for 12 weeks. First off, you will have to be employed. For example someone who is self employed would not have this benefit. EI maternity and parental benefits: What these benefits offer, Consult the changes to the Employment Insurance benefits, you only need 120 insured hours to qualify for benefits because you'll get a one-time credit of 480 insured hours to help you meet the required 600 insured hours of work, for maternity and standard parental benefits, you'll receive at least $500 per week before taxes but you could receive more. For extended parental benefits, you'll receive at least $300 per week before taxes but you could receive more, if you received the CERB, the 52-week period to accumulate insured hours will be extended, We add your insurable weekly earnings from your best weeks based on information provided by you and your Record of Employment, We divide that amount by the number of best weeks based on where you live, We then multiply the result by 55% for maternity and standard parental benefits or by 33% for extended parental benefits, your annual net family income is $25,921 or less, you or your spouse receive the Canada Child Benefit. Inform your employer of your maternity leave at least 2 months before the leave starts. Anyway I’ll get off my soap box now! For more accuracy, here is the maternity leave calculator from the Government of Canada. To learn more about maternity pay, please visit our in-depth guide. We have simplified everything you need to know below, so you can make informed decisions about what you plan to do and ensure you can select from all the options you are entitled to. Or the opportunity cost of missing out on another 6 months of being in the workforce. If your weekly earnings vary or your income changes, your best weeks can impact your benefit amount. If you are employed, you would inform your manager and contact human resources to fill out preliminary paperwork. Apply as soon as possible after you stop working. @Owen- Good point. Yes, I felt it was super hard going to just EI parental leave payments too, lol. Hopefully they will at least stretch it to 20 weeks in the near future so mothers do not have to use as much vacation or sick pay as they do now when they are on leave. The labour movement pushed for changes to make maternity leave more accessible, not only in legislation, but also by bargaining better paid maternity leave for its members. Canadian Moms and Dads, did you pick the 12 month or the 18 month leave? In 2020, the maximum amount is $573 a week. Maternity Leave Date Calculator This is a Simple date calculator for calculation of the last date of maternity leave and joining date after availing the leave. The number of weeks of benefits you get depends on the benefit type you choose. That being said, I don’t socialize much lol so my sample size is small and likely, not accurate. Even if you get a top up from your employer (which may replace up to 70-85 or even 90% of your gross pay) for a few months, you will still have to budget for the remaining year which will only be funded by EI payments. Whether you’re taking maternity leave in Ontario, maternity leave in Alberta, maternity leave in Manitoba, or maternity leave in British Columbia, we all have the same access to 12 months or 18 months of parental leave. Use this quick and simple calculator to work out your staff’s Statutory Maternity Pay entitlements. Call our experts for more information. As for our remaining expenses, we are living off the sizeable savings we had put away during my pregnancy. Hi GYM, it’s really nice to have the options. It’s enough worrying about whether to do a 12 month or 18 month leave, but once your child is born there is a whole lot of other stuff to sign up for. Seven personal finance articles I loved this month • Our Bill Pickle, PF Blog Round Up: Waiting for Baby Edition - Genymoney.ca, 9 Easy Ways to Earn Passive Income in Canada, Borrowell Review: A Free Credit Score in Canada. I can’t believe it’s 12 weeks in the US, that must be really hard. It's based on the information you entered above. I know of many moms who decided to take the 18 month leave because it will be the last maternity leave and they want to spend that time with their children. The worker is. Statutory additional maternity leave end date calculator. Glassdoor is your resource for information about the Maternity & Paternity Leave benefits at Autodata Solutions. @Kris- Thanks for your suggestion! If an employee starts parental leave on or after November 18, 2019 the new language will apply , if the leave starts before November 18, 2019 the old language will apply to the entire allowance. Still, the Option is Nice for Maternity Leave in Canada, A Tale of 4 Maternity Leaves: Comparison Between 4 Countries, employment insurance will pay you 55 per cent of your average insurable weekly earnings, baby expenses can be very costly in the first year. Can you switch from 12 to 18 months maternity leave? If you wait too long (e.g. Although it makes more financial sense to just opt for the 12 month leave for most people (e.g. The number of best weeks we use is based on the unemployment rate where you live. We know that it’s not just about the finances though when you become a parent. Tom. An extra 30 days are available if parents share the leave period. I think you should stick with the 12 month leave. How long do they get for the paternal leave? EI payments will be paid for 15 weeks for maternity leave and 35 weeks for parental leave (which can be shared between the parents). If you're taking parental leave and have included this leave with your maternity leave application, please refer to the parental leave timeline. My son is 11 months old and I’m currently on the 18 month leave. How to use this document ? Although 18 months sounds like great because it’s more time off, the pay is less. It never hurts to be over-prepared and luckily most pregnancies are a sizeable amount of time to plan ahead. @Kim- I can’t believe people would ask 6 weeks vs 12 weeks! However, if I could get a year I would definitely take it. It’s pretty straight forward but to receive your access code in the mail and to actually see your benefits start being paid out takes a bit of time. You will need this information when claiming maternity allowance. I would say the percentage of moms to be that I know who are planning to take the extended 18-month leave is around 30%. You can split the total weeks however you want, but one parent can't receive more than 35 (standard) or 61 (extended) weeks. As of now, the proportion of female to male specialists in the UAE was … Which means that even if you make $75,000 annually, you will still be paid out the maximum amount on a weekly basis which is 55% of $53,100 up to 35 weeks, or around $573 each week for 2020. 32 Newborn Huggies diapers can last you three days, haha! Genymoney.ca: Make the Most of your Money. When you took the 14.5 months off and returned to work, what about the remaining EI payments, I assume they stop? Don’t forget to subscribe for blog updates and a free dividend yield spreadsheet. Payment during maternity leave. Of course, there are other factors in play, like how much daycare is in your area (for example, 6 months of $1500/month daycare you would be spending $9000 which is less than the $34,588 in salary if your annual salary is $75,000). Portugal There is no maternity or paternity leave, only parental leave. I extended mat leave by a month, since my employer allows that ( not everyone does). So let’s say my baby was born in June 2018, and my salary is $75,000 and I intend to go back to work full time after my leave and my top up salary from my employer was for 6 months and it was topped up to around 80% of my salary and there was a top up for the first 2 weeks of the waiting period as well. This would be $14,612 and then I go back to my job in June 2019 and make $37,500. blog updates and a free dividend yield spreadsheet. In 2020, the maximum amount is $344 a week. It’s 6 or 8 depending on delivery. You don’t have to take the 52 weeks you’re entitled to, but you must take at least two weeks off work following the birth of your baby. Eversheds Sutherland has created this user-friendly calculator to make it easy for you to find out key dates in relation to maternity and paternity rights, as specified by UK legislation. You will need to let them know which option you are planning to take (the 12 month or the 18 month parental leave option). Make sure you have money saved up for this time with lost income. For the 18 month extended leave, you get $344 each week over 61 weeks, that works out to be $20,984 in total received as a benefit. Can they get 6 or 12 months? Answer the questions below to estimate your benefits, or find out what we use to calculate your benefits. The daily rate of maternity leave pay is calculated at 80% of your average daily wages earned in the 12-month period leading up to the first day of your maternity leave. Enter your annual salary or your average weekly earnings. What about dads? Expected date of birth Here are the key deadlines you should be aware of and what each date means: I had a summer baby, the end of July. Learn about Autodata Solutions Maternity & Paternity Leave, including a description from the employer, and comments and ratings provided anonymously by … I know that this decision doesn’t work for everyone, especially from a financial standpoint, but I am glad I took a longer leave (I say that now, get back to me in a couple months, ha!). My ‘mom brain’ took a bit of time to wear off. On the last day of work you can start to apply for EI maternity and parental benefits. When did the 18 month maternity leave start? You get more time but less money, the money is stretched/rolled out out like pizza dough , So many factors to consider and you can choose anywhere form 12-18 months. 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