Volvo Group North America Benefits

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Most Popular Benefits

Benefit/Perk
Employees
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37
401(k)
37 employees
Paid Holidays / Vacation
29 employees
Life Insurance/Disability
23 employees
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Cell Phone
16 employees
Paid Sick Leave
16 employees
Education/Training/Tuition/Certification Reimbursement
11 employees
Flex-Time / Flexible Schedule
10 employees
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Benefits Summary

Retirement & Financial Benefits
Profit Sharing
401(k) Plan
Defined Benefit Pension Plan
Defined Contribution Pension Plan
Health & Insurance Benefits
Health Insurance
Dental Insurance
Life Insurance
Vision Insurance
Temporary Disability Insurance
Long-term Disability Insurance
Severance Pay
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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