I think it would be much better to provide a one year paid stipend so that a parent can be home with the children during their tender years.
This entire structure is set up to keep the boss happy while a stranger raises your child during their most formative and vulnerable years.
I was lucky enough to get months of parental leave initially. I am glad I got it but at the same time I don't buy the tender, formative, vulnerable stuff too deeply. They're poop and vomit machines that nap and have very, very little interaction with the world around them. The primary benefit was for me to not have to work while deeply sleep deprived.
As my first got a little older I felt incredibly guilty dropping them off so I could go to work but that feeling very quickly subsided when I realised just how much they were thriving with the company of knowledgable teachers and bunch of peers their own age to interact with.
I still get plenty of time with my kids and we enjoy our time together immensely. And they also enjoy their time with their friends at nursery/preschool. “Stay at home with parent” isn’t actually that common when you look back historically. Childrearing has almost always taken a village.
I have a toddler.
They are absorbing everything and gaining a personality from day one.
You are not the one doing it.