Volvo Group reviews

4.0

82% would recommend to a friend

(578 total reviews)

Martin Lundstedt

87% approve of CEO

69% positive business outlook

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578 reviews

Reviews about "Compensation"

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2.0
Mar 27, 2025

What work life balance?

Recommend
CEO approval
Business Outlook

Pros

Pros of Volvo Group would be good pay, good benefits, and mostly good colleagues.

Cons

There is no work life balance, time off is not respected, even vacation out of the country. They are also implementing a return to office policy while mandating extra decarbonization training. Cutting down trees to build a larger parking lot, while telling everyone to drive their cars to work every day.

4.0
Mar 26, 2025

Excellent company to work for

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Plenty of time off, good pay and benefits, excellent 401k contributions, wonderful work conditions

Cons

Pay is not as high as other similar jobs

2.0
Mar 18, 2025
Recommend
CEO approval
Business Outlook

Pros

Work pace is slow (for those who like that). Business goes well - it is a big company with history, many brands in its portfolio and good market reach.

Cons

Even though salary was in the normal range, the additional benefits where less than other large-scale Swedish companies I have worked for. Management was terrible. No transparency - even as senior manager you do not get insight into what's going on or basis for decisions - you should just do and not ask. And this was at the Volvo Group Connected Solutions Innovation Lab which is supposed to be somewhat modern and forward thinking. What I saw in the rest of the organization was even worse. Management did not provide any feedback during the year. I got rather good annual reviews and grading, but there were surprises that had not been brought up anytime during the year. There were other senior managers who had a much worse fate which in turn led a few into depression due to work related issues like this. Transparency in general is close to zero in the organization. I worked there some years and have been with other employers since then. Tried to apply for some positions - just in case - and there is not even a response. I have some colleagues who also applied to several jobs and same for them (one also applied to the Innovation Lab and never got a reply. This person was a well known high level senior in the Gothenburg region). From what I have seen the expression "ghosting" and "Volvo Group" seem to be synonyms. It is a conservative, slow and old style company with poor middle management (at least up to and including VP level).

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