Volvo Trucks Compensation Employee Reviews | Comparably
Volvo Trucks Claimed Company
A global truck manufacturer based in Gothenburg, Sweden. read more
EMPLOYEE
PARTICIPANTS
179
TOTAL
RATINGS
1215
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Volvo Trucks Compensation Employee Reviews

What is the best part about your compensation package?

Health benefits and vacation days

Excellent health benefits and employer contribution to 401K.

union negotiated family medical benefits

Review from Product Dept

Variable salary indexed on company performance

Bonus/IT equipment at your disposal/car

I get very good compensation from this company

Great hourly rate of pay.

Review from Product Dept

28 days vacation - start off

good amount of vacation, incentive programs to promote good health.

Why do you feel undervalued and what would make you feel better about your compensation?

I am fully invested in growing the business. Unfortunately I do not feel I am valued and others take credit for my ideas

I would like something where i could save something at the end of the month

Your just a number to them, get production out as quick as you can, work overtime on weekends, hardly see your Family. When I first started working there, they told me in my interview, we are a Family oriented company, I've been working there for seven years, there is no morale.

I cover up to 20 jobs for .12 an hour. We used to get .45. We have facilitores that make $2 more an hour with little to not help

A cost of living wage in line with the economy would be appreciated & not just bonuses for upper level management!

Not taking so long to reach top pay.

Review from Operations Dept

yearly review would be nice

Review from Operations Dept

Review Sentiment at Volvo Trucks

77
77%
23
23%

About Volvo Trucks' Compensation

B
72/100

Where This Score Ranks Volvo Trucks' Compensation

TOP
25%

In the Top 25% of 1310 similar size companies on Comparably

?

Not enough ratings to compare against companies in metro

1st

1st place versus 1 competitors rated on Comparably

61 employees at Volvo Trucks score their wages and compensation a B on average. As a testament to this, when employees are asked “Do you believe you're paid fairly?”, 57% say Yes. The Product department is the most satisfied with their compensation, ranking it 100/100, a full 60 pts above the Operations department. If you want detailed data about Volvo Trucks' wages, see the <a href="https://www.comparably.com/companies/volvo-trucks/salaries">wage breakdown by department, job titles, locations, and more.</a>

Rate Compensation the Highest

  • Department - Product
    +28%
  • Gender - Male
    +17%
  • Ethnicity - Caucasian
    +6%

Rate Compensation the Lowest

  • Department - Operations
    -32%
  • Gender - Female
    -20%
  • Department - Engineering
    -2%

How Volvo Trucks' Compensation Score is Calculated

FILTER RATINGS BY

Results from 61 Employees in All Departments, All Genders, All Ethnicities and All Yrs. Experience Experience

AnswerPercent
Yes57%
No43%
Do you believe you're paid fairly?
AnswerPercent
Yes82%
No18%
Are you satisfied with your Benefits?
AnswerPercent
Yes100%
No0%
Does your company give annual bonuses?
AnswerPercent
Every 6 months or less0%
Every year100%
Every 2 years0%
Every 3 years or more0%
Never0%
How often do you get a raise?
×
Rate your company