The arrival of a child in the family poses a challenge for most parents. Time and money need to be managed differently in order to ensure that the newborn receives sufficient care. The presented analysis explores the work-family reconciliation trajectories of working parents and the role of parental leave in these trajectories. The analysis is based on administrative data from Luxembourg. The results suggest that the birth of a child is a turning point for a large part of women's trajectories, often followed by reduction in the labour force participation. On the contrary, men's labour participation appears to remain constant before and after the arrival of the child in the family. Salary-related earnings are positively associated with the probability to remain in the labour force for women and negatively associated with the probability of taking parental leave for men.