What is parental leave pay? Parental leave pay refers to the wages paid by the company to employees according to regulations during the period of parental leave. It is also one of the important ways for employees to ensure their quality of life and stable income. Normally, when an employee takes parental leave, the company pays the basic salary or average salary in accordance with the law. However, policies and regulations regarding parental leave pay vary in different countries and regions, so you need to pay attention and understand them. How is parental leave pay calculated? Different countries and regions have different calculation methods, which are generally calculated based on the following factors: