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.
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
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.
https://www.oxfordbachsoloists.com/2018/06/16/bach-husband-f...
And of course I agree completely about the toll that takes on the body. As I say, literally unimaginable to me.
This gave me a chuckle — I'm curious about what sort of autoimmune conditions were eventually triggered, and if they came suddenly?, slowly?
Also, while I have you: what types of investments are you interested in/made in the past?
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.
Are you doing any mentoring, or direct investing? Asking for, well, me!
I'm going to have to dig up those risky tech index funds, probably some super interesting companies in those portfolios!
But of course. Check my profile.