Parental Leave Policy Costing Tool
Take the guesswork out of parental leave budgeting
Easily estimate the cost of offering parental leave benefits
Compare different policy options
Make confident, data-driven decisions—in minutes
Who is this tool for?
HR professionals
Assess the financial impact of different policy options and align benefits with your budget.
Executives
Build a compelling business case for parental leave benefits to present to senior leadership or the Board.
Business owners
Plan for parental leave benefits as part of your annual budgeting.
How does it work?
Compare multiple scenarios
Evaluate up to three policy options side-by-side.
Built-in, data-driven assumptions
We factor in realistic policy uptake so you can focus on the numbers that matter most.
Instant results
Generate a clear cost estimate in minutes, so you can make informed decisions with confidence.
FAQs
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The tool includes the option to cost out:
Paid primary carer leave (sometimes referred to as maternity leave)
Paid partner leave (sometimes referred to as paternity leave)
Voluntary employer KiwiSaver contributions
Paying annual leave at full value
Enabling employees to work 80% hours but receive 100% of their pay for a period
Family formation leave for fertility, adoption and surrogacy
Additional leave for miscarriage, stillbirth, or premature birth
Extra sick leave upon return to work
Wellbeing benefits, such as meal plans, baby gifts, and Crayon’s Financial Baby Prep Program
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We ask you to provide:
The total number of employees and gender split
Average wage/salary per employee
We have built-in assumptions about parental leave policy uptake based on nationwide data. You’re welcome to override this with your own assumptions.
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If you have any questions about how the tool works, feel free to reach out to our team at hello@gocrayon.com. We’re happy to help!
To dig deeper, read our blog post: How to calculate the cost of a parental leave policy for your business
