Birth credit is the term used to refer to the time off granted to new parents to take care of their newborn and adjust to their new life. However, there are several other terms that are commonly used as synonyms for this concept. These include parental leave, maternity leave, paternity leave, family leave, baby leave and caregiver leave. Each of these terms highlights a slightly different aspect of the leave, and some may be more gender-neutral than others. Regardless of the terminology used, birth credit is a valuable benefit offered by many employers that helps new parents to bond with their child and ease the transition into parenthood.