Manufacturer of trucks, buses, construction equipment and marine and industrial engines. The company's segments include: Trucks, Construction Equipment, Buses, Volvo Penta and Customer Finance. The Trucks segment manufactures, sells and services trucks for regional, long-haul, and construction jobs. The Renault Trucks segment offers trucks ranging from light to heavy-duty. The Mack Trucks segment manufactures heavy-duty trucks for construction and heavy duty transport. The Buses Segment manufactures city buses, coaches and chassis. The Construction Equipment segment manufactures equipment for construction duties. The Volvo Penta Segment manufactures engines for recreational and commercial crafts, and provides systems such as gensets and water pumps. The Customer Finance segment offers financing,insurance, rental services, spare parts, preventive maintenance, service agreements, assistance services and IT services. The Company's products are sold globally through owned and independent dealers. read more
Volvo Group Company Culture
Volvo Group Culture
This score is derived from employee ratings & reviews3.7/5
Volvo Group's Overall Culture is rated B-
Top Rated Culture Dimensions
Compensation
B+CEO Rating
BDiversity
BHappiness
BLeadership
BVolvo Group CEO
Top 25%Top 25% of Similar Size Companies
Martin Lundstedt
73 /100
See More
Diversity at Volvo Group
Top 25%Top 25% of Similar Size Companies
B
Diverse employees at Volvo Group have rated Retention, Happiness, and Compensation as the highest categories they have scored
Women at Volvo Group
N/A
Share Your Opinion
Anonymously Rate Your Experience & Make Work BetterVolvo Group eNPS
Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"Top 30%Top 30% of Similar Size Companies
Recommend to a Friend?
18
Volvo Group employees are 18% more likely to recommend Volvo Group as a great place to work
| 45% | Promoters |
|---|---|
| 28% | Passives |
| 27% | Detractors |
Working at Volvo Group
Working at Volvo Group is rated average by 35 employees, across various culture dimensions. Volvo Group employees are most satisfied about Compensation, CEO Rating, and Happiness categories, putting Volvo Group’s culture in the Top 40% compared to similar sized companies on Comparably. See below in detail how working at Volvo Group was rated by employees.
Overall Company Culture at Volvo Group
B-
Overall Company Culture at Volvo Group is rated B-
Last updated 2 months ago
Top
40%
Volvo Group ranks in the Top 40% of other companies on Comparably with 10,000+ Employees for Overall Company Culture Score
Share Your Opinion
Anonymously Rate Your Experience & Make Work BetterVolvo Group Employee Reviews
Out of 30 Volvo Group employee reviews, 67% were positive. The remaining 33% were constructive reviews with the goal of helping Volvo Group improve their work culture.
| Positive Reviews | 67% |
|---|---|
| Constructive Feedback | 33% |
Positive Reviews From Volvo Group Employees
- What did you like most about the interview process?It focuses on confidence,skills of person and supporting nature during interview.
- What makes you most happy at work?It's all things are easily accessible. It makes me happy at working time.
- What is most positive about the culture and environment at your company?Right fist time it's open dialogue and its team and empathy of customers very positive.
Constructive Feedback From Volvo Group Employees
- What would you improve about your company's interview process?not joking around the whole interview
- Why do you feel undervalued and what would make you feel better about your compensation?yes, i feel like if mangers and would listen to our options and pay us more we would all be happier about coming to work
- What does the leadership team need to get better at?wages, being more friendly, schedules
Volvo Group Company Information
Volvo Group Company Overview
Manufacturer of trucks, buses, construction equipment and marine and industrial engines. The company's segments include: Trucks, Construction Equipment, Buses, Volvo Penta and Customer Finance. The Trucks segment manufactures, sells and services trucks for regional, long-haul, and construction jobs. The Renault Trucks segment offers trucks ranging from light to heavy-duty. The Mack Trucks segment manufactures heavy-duty trucks for construction and heavy duty transport. The Buses Segment manufactures city buses, coaches and chassis. The Construction Equipment segment manufactures equipment for construction duties. The Volvo Penta Segment manufactures engines for recreational and commercial crafts, and provides systems such as gensets and water pumps. The Customer Finance segment offers financing,insurance, rental services, spare parts, preventive maintenance, service agreements, assistance services and IT services. The Company's products are sold globally through owned and independent dealers.
Volvo Group was founded in 1915 and its current CEO is Martin Lundstedt. Since its inception 111 years ago, Volvo Group has grown to 95000 employees.
Volvo Group Mission, Vision & Values
Volvo Group Mission Statement
The Volvo Group's mission is driving prosperity through transport solutions.
Volvo Group Vision Statement
The Volvo Group's vision is to be the most desired and successful transport solution provider in the world.
Volvo Group Values
- Customer success
- Trust
- Passion
- Change
- Performance
| Headquarter | , Gothenburg 405 08 |
|---|---|
| Website | www.volvogroup.com |
| Founding Date | 1915 |
| Company Status | Private |
Volvo Group Competitors
Volvo Group competitors include Audi, Mercedes-Benz USA, and Volvo Car Corporation. Volvo Group ranks 4th in Overall Culture Score on Comparably vs its competitors. See below how Volvo Group compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.
Volvo Group Employees
Volvo Group has 95000 employees. 35 employees at Volvo Group have reviewed Volvo Group across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was 2 months ago.
Overall, the 35 Volvo Group employees give their leadership a grade of B, or Top 25% of similar size companies. This includes specific ratings of their executive team, CEO, and manager.
Employees at Volvo Group are generally satisfied with their total compensation at Volvo Group, which includes a combination of pay, stock and equity, and benefits.
Overall, employees at Volvo Group are not very pleased with their team. 35 Participants grade the quality of their coworkers a D. Less than half believe the meetings at Volvo Group are effective, and the majority look forward to interacting with their coworkers.
The majority of employees at Volvo Group believe the environment at Volvo Group is positive. Most Participants believe the pace of work at Volvo Group is moderate. About 42% of the employees at Volvo Group work 8 hours or less.
Overall, the employees at Volvo Group are generally happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.
Joining Volvo Group - Employee Onboarding
The prevailing opinion from employees about joining Volvo Group is that the company was prepared on their first day. 100% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.
Volvo Group KPIs and OKRs
At Volvo Group 100% of employees think their department KPIs and OKRs are clear. Employees’ understanding of Volvo Group's KPIs and OKRs is essential for its success. Out of 1 Volvo Group employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 1 have said yes.
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Volvo Group CEO & Leadership
Volvo Group CEO - Martin Lundstedt
73 /100
Martin’s approval rate is in the Top 25% of all CEOs of similar-sized companies on Comparably. Compared to Volvo Group’s competitors, Martin Lundstedt ranks right below Mercedes-Benz USA CEO Ola Källenius. Under Lundstedt’s leadership, Volvo Group employee respondents are most happy about their Compensation and the company’s Happiness. Team and Meetings are two areas, according to respondents, where Volvo Group could stand to see real improvement.
Volvo Group Leadership
The Volvo Group Executive Team is rated a “B” and led by CEO Martin Lundstedt, Senior OD/VPS Specialist Larry Petfield, and VP Sales Mel Carner
Martin Lundstedt CEO / President
Martin Lundstedt serves as the CEO / President of Volvo Group.
Larry Petfield Senior OD/VPS Specialist
Larry Petfield serves as the Senior OD/VPS Specialist for Volvo Group. Larry started at Volvo Group in October of 2012.... read more
Mel Carner VP Sales
mel carner serves as the VP Sales for Volvo. mel started at Volvo in December of . mel is based in the Greater New York... read more
Aniruddha Deshpande VP & Global Head of Business Development, Volvo Financial Services
Aniruddha Deshpande serves as the VP & Global Head of Business Development, Volvo Financial Services for Volvo Group.... read more
Matt Kelly Executive Director, Marketing
Matt Kelly serves as the Executive Director, Marketing for Volvo. Matt started at Volvo in December of . Matt is based... read more
Sundar Subramaniam Project Director
Sundar Subramaniam serves as the Project Director for Volvo Group. Sundar started at Volvo Group in October of 2017.... read more
Jonathan Halas Director, Service Market Logistics NA
Jonathan Halas serves as the Director, Service Market Logistics NA for Volvo Group. Jonathan started at Volvo Group in... read more
Brad Bossence CDC Director, Service Market Logistics North America
Brad Bossence serves as the CDC Director, Service Market Logistics North America for Volvo Group. Brad started at Volvo... read more
Leandro Quinteiro Head of Lean Manufacturing and Quality for Logistics Services in South America
Leandro Quinteiro serves as the Head of Lean Manufacturing and Quality for Logistics Services in South America for Volvo... read more
Volvo Group Salaries
How much does Volvo Group pay?
How much do people at Volvo Group get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Volvo Group is $131,862, or $63 per hour, while the estimated median salary is $132,825, or $63 per hour.
At Volvo Group, the highest paid job is a Group Product Manager at $226,273 annually and the lowest is a Receptionist at $37,958 annually. Average Volvo Group salaries by department include: HR at $126,015, Marketing at $110,074, Design at $114,591, and Communications at $102,268. Half of Volvo Group salaries are above $132,825.
14 employees at Volvo Group rank their Compensation in the Top 20% of similar sized companies (based on 40 ratings) while 14 employees at Volvo Group rank their Perks And Benefits in the Top 50% of similar sized companies (based on 17 ratings).
Last updated 2 months ago.
| Summary | Salary Range | Percentile |
|---|---|---|
1st Percentile $68k | $68k | 1st Percentile |
17th Percentile $101k | $101k | 17th Percentile |
33rd Percentile $131k | $131k | 33rd Percentile |
50th Percentile $185k | $185k | 50th Percentile |
67th Percentile $238k | $238k | 67th Percentile |
83rd Percentile $267k | $267k | 83rd Percentile |
100th Percentile $297k | $297k | 100th Percentile |
$131,862*
Average Compensation
$132,825*
Median Compensation
* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.
Volvo Group Salaries by Department
Diversity & Inclusion at Volvo Group
Diverse employees at Volvo Group score the company 72/100 across various culture categories, placing Volvo Group in the Top 25% of companies on Comparably with 10,000+ Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at Volvo Group across various culture dimensions.
Ranked Culture the Highest
Ranked Culture the Lowest
Volvo Group Perks & Benefits
Health & Wellness
- Dental Insurance
- Vision Insurance
- Health Insurance
- Life Insurance
Paid Time Off
- PTO / Vacation Policy
- Paid Holidays
- Maternity / Paternity Leave
Financial Benefits
- 401K / Retirement Plan
- Tuition Reimbursement
Office Perks
- Work From Home Policy
- Unique Office Space
Volvo Group PTO
Volvo Group's PTO and Vacation policy typically gives 0-10 days off a year. Volvo Group's benefits and PTO Package averages to represent a $1500 - $2500 cash value per month.
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Volvo Group Careers
Volvo Group Jobs
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Frequently Asked Questions regarding Volvo Group
What is Volvo Group address?
Volvo Group location is at , Gothenburg
Who is the CEO of Volvo Group?
Volvo Group CEO is Martin Lundstedt, their score by employees is 73
What is Volvo Group eNPS?
The eNPS for Volvo Group is 18
What is the salary for Sales Manager in Volvo Group?
Sales Manager average salary in the US is 147k
What are the salaries in the Engineering in Volvo Group?
The average salaries for Engineering in Volvo Group is 141k
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