Most Popular Benefits
Paid Holidays / Vacation
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Paid Sick Leave
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Retirement & Financial Benefits
Defined Benefit Pension Plan
Defined Contribution Pension Plan
Health & Insurance Benefits
Temporary Disability Insurance
Long-term Disability Insurance
Accidental Death & Dismemberment Insurance
At Volvo Group North America, they provide many options for retirement and welfare benefits to promote employee well-being. Like Volvo Group North America employees, numerous American workers participate in employer-funded group health plans, through which a sizable percentage of each employee's health insurance premium is funded by their employer. These contributions are tax deductible for employers and tax-free for workers. Volvo Group North America provides health, dental, and vision coverage. Volvo Group North America also provides group life insurance, short-term disability insurance for accidents or illness, long-term disability insurance, and death benefits, which cover certain causes of death. To help guarantee a stable flow of cash later in life, numerous workers participate in employer-sponsored retirement plans. Volvo Group North America offers defined benefit pension plans and defined contribution pension plans. Businesses with defined benefit retirement plans pay retirees a predetermined sum when they reach retirement. With a defined contribution pension plan, businesses help workers save and invest for retirement.
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