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Volvo Trucks Claimed Company
A global truck manufacturer based in Gothenburg, Sweden. read more
Volvo Trucks Company Culture
Volvo Trucks Culture
This score is derived from employee ratings & reviews3.8/5
Volvo Trucks' Overall Culture is rated B
Top Rated Culture Dimensions
Perks & Benefits
ACEO Rating
BCompensation
BManager
BHappiness
BVolvo Trucks CEO
Top 25%Top 25% of Similar Size Companies
Martin Lundstedt
74 /100
See More
Diversity at Volvo Trucks
Bottom 20%Bottom 20% of Similar Size Companies
D
Diverse employees at Volvo Trucks have rated CEO Rating, Leadership, and Manager as the highest categories they have scored
Women at Volvo Trucks
Bottom 10%Bottom 10% of Similar Size Companies
D-
Women at Volvo Trucks have rated Team, Environment, and CEO Rating as the highest categories they have scored
Volvo Trucks 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 35%Top 35% of Similar Size Companies
Recommend to a Friend?
11
Volvo Trucks employees are 11% more likely to recommend Volvo Trucks as a great place to work
| 43% | Promoters |
|---|---|
| 25% | Passives |
| 32% | Detractors |
Working at Volvo Trucks
Working at Volvo Trucks is rated average by 179 employees, across various culture dimensions. Volvo Trucks employees are most satisfied about Perks And Benefits, CEO Rating, and Compensation categories, putting Volvo Trucks’s culture in the Top 35% compared to similar sized companies on Comparably. See below in detail how working at Volvo Trucks was rated by employees.
Overall Company Culture at Volvo Trucks
B
Overall Company Culture at Volvo Trucks is rated B
Last updated 2 months ago
Top
35%
Volvo Trucks ranks in the Top 35% of other companies on Comparably with 10,000+ Employees for Overall Company Culture Score
Volvo Trucks Employee Reviews
Out of 100 Volvo Trucks employee reviews, 77% were positive. The remaining 23% were constructive reviews with the goal of helping Volvo Trucks improve their work culture.
| Positive Reviews | 77% |
|---|---|
| Constructive Feedback | 23% |
Positive Reviews From Volvo Trucks Employees
- What do you like best about the leadership team?Good training support and flaxible inviroment.
- What makes you most happy at work?Having Work and making money
- What is most positive about the culture and environment at your company?There is very little positive
Constructive Feedback From Volvo Trucks Employees
- 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
- What does the leadership team need to get better at?Have some common senseAdd some common sense
- What's going wrong and how can it be improved?Recent toxic Senior Management culture to cut corners with less resources to pretend to accelerate product development. This will lead sooner or later to quality and Customer safety issues, as well as degradation of employees engagement
Volvo Trucks Company Information
Volvo Trucks Company Overview
A global truck manufacturer based in Gothenburg, Sweden.
Volvo Trucks Mission, Vision & Values
Volvo Trucks Mission Statement
Our mission is to be the most desired and successful transport solution provider in the world.
Volvo Trucks Vision Statement
Our vision is that no truck is to be involved in an accident.
Volvo Trucks Values
- QUALITY
- SAFETY
- ENVIRONMENTAL CARE
| Headquarter | Business Nordic Region ARH 4 405 08 Sweden |
|---|---|
| Website | www.volvotrucks.com/ |
| Founding Date | 1928 |
| Tel | (463) 166-6000 |
Culture Video
Volvo Trucks Employees
179 employees at Volvo Trucks have reviewed Volvo Trucks 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 179 Volvo Trucks employees give their leadership a grade of B, or Top 35% of similar size companies. This includes specific ratings of their executive team, CEO, and manager.
Employees at Volvo Trucks are generally satisfied with their total compensation at Volvo Trucks, which includes a combination of pay, stock and equity, and benefits.
Overall, employees at Volvo Trucks are generally satisfied with their team. 179 Participants grade the quality of their coworkers a C+. Less than half believe the meetings at Volvo Trucks are effective, and the majority look forward to interacting with their coworkers.
The majority of employees at Volvo Trucks believe the environment at Volvo Trucks is positive. Most Participants believe the pace of work at Volvo Trucks is comfortably fast. About 64% of the employees at Volvo Trucks work 8 hours or less, while 5% of them have an extremely long day - longer than twelve hours.
Overall, the employees at Volvo Trucks are generally happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.
A Day in the Life
A Day in the Life
Volvo Trucks employees generally work 8.9 hrs a day
Work Hours
A Day in the Life
Employees at Volvo Trucks report the work pace is comfortably fast
Work Pace
A Day in the Life
87% of Volvo Trucks employees look forward to interacting with their team every day
Coworkers
A Day in the Life
Volvo Trucks employees typically get valuable feedback on how to improve at work Once a quarter
Feedback
A Day in the Life
62% of Volvo Trucks employees call their work environment positive
Environment
Joining Volvo Trucks - Employee Onboarding
The prevailing opinion from employees about joining Volvo Trucks is that the company was very unprepared on their first day. Volvo Trucks employees concluded that their overall onboarding experience was negative. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.
Volvo Trucks KPIs and OKRs
Employees’ understanding of Volvo Trucks' KPIs and OKRs is essential for its success. Out of 2 Volvo Trucks employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 1 have said yes.
Are your company's goals clear, and are you invested in them?
Are the KPIs/OKRs for your department clear?
Volvo Trucks CEO & Leadership
Volvo Trucks CEO - Martin Lundstedt
74 /100
Volvo Trucks’s CEO Martin Lundstedt started in this role in 2015. Martin’s approval rate is in the Top 25% of all CEOs of similar-sized companies on Comparably. Volvo Trucks’s CEO is highly regarded especially by employees with 3 to 6 Years experience, employees with the company for 2 to 5 Years, and employees in the Engineering department. However, employees in the Operations department, employees in the Product department, and employees with Over 10 Years experience have a less favorable view of the CEO and believe there is room for improvement. Under Lundstedt’s leadership, Volvo Trucks employee respondents are most happy about their Perks And Benefits and the company’s Compensation. Gender and Meetings are two areas, according to respondents, where Volvo Trucks could stand to see real improvement.
Volvo Trucks Leadership
The Volvo Trucks Executive Team is rated a “C+” and led by CEO Martin Lundstedt, Senior Vice President, Truck Remarketing Russ Tedder, and Senior Vice President, Remarketing Operations Pete Monize
Martin Lundstedt CEO / President
Martin Lundstedt serves as the CEO / President of Volvo Trucks.
Russ Tedder Senior Vice President, Truck Remarketing
Russ Tedder serves as the Senior Vice President, Truck Remarketing of Volvo Trucks North America. Russ started at Volvo... read more
Pete Monize Senior Vice President, Remarketing Operations
Pete Monize serves as the Senior Vice President, Remarketing Operations of Volvo Trucks North America. Pete started at... read more
Magnus Koeck Vice President, Marketing & Brand Management
Magnus Koeck serves as the Vice President, Marketing & Brand Management of Volvo Trucks North America. Magnus started at... read more
Dayle Wetherell VP Stategic Projects and Business Development
Dayle Wetherell serves as the VP Stategic Projects and Business Development of Volvo Trucks.
Dave Thomas Director Assembly Operations NA
Dave Thomas serves as the Director Assembly Operations NA of Volvo Trucks North America. Dave started at Volvo Trucks... read more
Fabien LEROUX Director of Finance - NRV Plant
Fabien LEROUX serves as the Director of Finance - NRV Plant of Volvo Trucks North America. Fabien started at Volvo... read more
Richard Bell Regional Vice President
Richard Bell serves as the Regional Vice President of Volvo Trucks.
Parcival Krumm Vice President SQ&D North America
Parcival Krumm serves as the Vice President SQ&D North America of Volvo Trucks North America. Parcival started at Volvo... read more
Volvo Trucks Salaries
How much does Volvo Trucks pay?
How much do people at Volvo Trucks get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Volvo Trucks is $128,297, or $61 per hour, while the estimated median salary is $121,090, or $58 per hour.
At Volvo Trucks, the highest paid job is a Director of Sales at $229,437 annually and the lowest is a CS Rep at $45,008 annually. Average Volvo Trucks salaries by department include: IT at $106,908, Finance at $88,470, Operations at $100,422, and Design at $122,946. Half of Volvo Trucks salaries are above $121,090.
61 employees at Volvo Trucks rank their Compensation in the Top 25% of similar sized companies (based on 175 ratings) while 55 employees at Volvo Trucks rank their Perks And Benefits in the Top 10% of similar sized companies (based on 57 ratings).
Salaries contributed from Volvo Trucks employees include job titles like Principal Engineer, Lead Engineer, Sales Manager, and Sales Rep. Comparably data has a total of 2 salary records from Volvo Trucks employees.
Last updated 2 months ago.
| Summary | Salary Range | Percentile |
|---|---|---|
1st Percentile $70k | $70k | 1st Percentile |
17th Percentile $92k | $92k | 17th Percentile |
33rd Percentile $120k | $120k | 33rd Percentile |
50th Percentile $178k | $178k | 50th Percentile |
67th Percentile $240k | $240k | 67th Percentile |
83rd Percentile $273k | $273k | 83rd Percentile |
100th Percentile $304k | $304k | 100th Percentile |
$128,297*
Average Compensation
$121,090*
Median Compensation
* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.
Volvo Trucks Salaries by City
Volvo Trucks Salaries by Department
Diversity & Inclusion at Volvo Trucks
Diverse employees at Volvo Trucks score the company 55/100 across various culture categories, placing Volvo Trucks in the Bottom 20% 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 Trucks across various culture dimensions.
Ranked Culture the Highest
Ranked Culture the Lowest
Volvo Trucks 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 Trucks PTO
Volvo Trucks' PTO and Vacation policy typically gives 20-30 days off a year with 0% of employees expected to be work free while out of office. Paid Time Off is Volvo Trucks' most important benefit besides Healthcare when ranked by employees, with 50% of employees saying it is the most important benefit. Volvo Trucks' benefits and PTO Package averages to represent a $500 -$1000 cash value per month.
Other than healthcare, which of the following benefits is most important to you?
Does your boss expect you to work when you're on vacation?
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?
Volvo Trucks Careers
Volvo Trucks Jobs
No Recent Jobs found for Volvo Trucks on Comparably
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Frequently Asked Questions regarding Volvo Trucks
What is Volvo Trucks address?
Volvo Trucks location is at Business Nordic Region ARH 4
Who is the CEO of Volvo Trucks?
Volvo Trucks CEO is Martin Lundstedt, their score by employees is 74
What is Volvo Trucks eNPS?
The eNPS for Volvo Trucks is 11
What is the salary for Director of Business Development in Volvo Trucks?
Director of Business Development average salary in the US is 206k
What are the salaries in the Admin in Volvo Trucks?
The average salaries for Admin in Volvo Trucks is 61k
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