Volvo provides salary as well as employee discounts including job bonuses, paid leaves, retirement and pension plans, discount on travel, discount on finance, banking, loans, insurance, and many more.
Volvo: The global brand
Volvo is a global Swedish multinational automobile group that manufactures luxury cars, industrial engines, trucks, construction machinery and equipment, and other transportation.
Volvo group works with 100,000 employees, with 12 brands including station Wagons, Sedans & SUVs. The company works in 190 markets and facilitates their production in other twenty countries. Volvo group designs their cars with safety and takes into account Swedish culture and heritage. In the future, Volvo has announced that the company will construct its fully electric cars, and engines by 2030.
History of Volvo
Volvo was founded in 1927 in Gothenburg. The native name of Volvo is “Volvo Personvagnar AB”. The CEO of Volvo is Hakan Samvelsson.
“Cars are driven by people. The guiding principle behind everything we made at Volvo, therefore, is and must remain safety”. Said Assar Gabrielsson, The Managing director, and Gustav Larson, The technical manager.
The hiring procedure of Volvo is a two-staged process. The applicant must fill the application form available on the official website of Volvo career. Applicants also may visit the Volvo showrooms in person.
The applicant has to do a face-to-face interview after applying and another is an online assessment. The whole process of background checking to interview may take around one week to two weeks. The company also needs proof of the right to work of the applicant and also receives employee references.
The applicant must read job descriptions, go through interview questions that may help to do their best in the interview. The company gives the interview rating through star methods.
What questions can you ask during the interview at Volvo?
The company asks for an interview before hiring which is based on behavioral tests, personalized skills, and competency.
Some sample questions that the interviewer can ask;
- How do you make good relationships with your customers?
- How do you deal with egoistic and arrogant customers?
- What will you do in a critical situation in your company?
Volvo Employees Discount
Volvo is a global automobile brand and the success of the company depends on the employees. So it is necessary to provide benefits and support the employees.
Some job benefits and discounts that Volvo provide to their employees are listed below:
- Employees Yearly Bonus
- Pension and Retirement Plan
- Flexible Working Hours and Patterns
- 40 Hours Work in a Week
- Pension if Death during Service
- Paid Sick Leaves
- Paid Holiday and 22 Days + All National Holidays
- Maternity/Paternity Leave
- Healthcare Insurance
- Discount on a Gym membership
- Volvo Social Club
- Employee Assistance Program
- Home Insurance
- Discount on Volvo cars
- Medicare Insurance
Some other Volvo employees’ discounts and benefits also come under the eligibility of employees’ friends and family.
Special discount- Members can get employee discounts on gifts, clubs, books & magazines, and other school supplies using Volvo promo code to retailers.
Travel discount- Employees get discounts on hotels, flights, rental cars, cruises and may get their travel discount at their fingertips.
Financial discount- Volvo employees get discounts on banking, car loans, credit, personal loans, and home loans via promo codes of Volvo.
A-plan by Volvo
There is a plan of purchasing the Volvo car only for Volvo employees. Under this plan, employees are eligible to purchase the new Volvo car at an employee discount.
How to register for A-plan
Employees Just have to register on the official website of A-plan by Volvo http://www.aplanbyvolvo.com via email and password. Once the employee registers, the site will generate a PIN and certificate. Then employees have to go to the nearby Volvo dealership with their employment proof.
Eligibility of employees for plan
- All full and part-time employees are eligible.
- Plans can be two times a year.
- Must need employee payment copy, copy of ID badge of employee or business card showing company and employee’s name.
- Proof of employee’s employment in the company.
Frequently asked questions (FAQs)
- What is the annual revenue of the company?
Ans- The annual revenue of Volvo is about 262.833 billion.
- How is the working environment at Volvo?
Ans- The company believes in a good work-life balance and suitable working hours. Overall, the company is a good place to work.
- How much can an employee expect from Volvo?
Ans- Yes, they pay well. Volvo cars salesmen are paid off about $53,000 annually or $25/hr which is 4% higher than any other automobile company.
The annual income of an engineer at Volvo is about $86,559.
- How does Volvo promote its employees?
Ans- Company gives yearly reviews to their employees on account of overall performance and objectives. In the end, the salary is reviewed and positions are being promoted.