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Volvo Trucks overview

Industry
Motor Vehicle Parts Manufacturing
Revenue
Headquarters
Employees
3,700
Founded in
Website
Organization type
Private
Social media
Volvo Trucks Corporation, stylized as VOLVO, is a global truck manufacturer based in Gothenburg, Sweden, owned by AB Volvo.
The staff at Volvo Trucks come from unusually diverse demographic backgrounds. The company is 29.5% female and 40.5% ethnic minorities. The diversity in Volvo Trucks employees extends to employee political beliefs. Its employees are politically diverse and represent a balanced blend of political orientations, with 50.0% Democrats and 50.0% Republicans. Despite their political differences, employees at Volvo Trucks seem to be happy. The company has great employee retention with staff members usually staying for 4.8 years.The average employee at Volvo Trucks makes $67,753 per year, which is competitive for its industry and location. Some of its highest paying competitors, Volvo Cars, Cummins, and L&l Products, pay $73,804, $71,408, and $66,342, respectively.
Based in North Carolina, Volvo Trucks is a key player in the automotive industry with 3,700 employees and an annual revenue of $1.9B.

Volvo Trucks's mission statement

To be the most desired and successful transport and infrastructure solution provider in the world.

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2.3/5

Volvo Trucks employee reviews

Based on 4 ratings

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Job openings at Volvo Trucks
160 positions

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Volvo Trucks employee reviews

Volvo Trucks employee reviews
2.3/5

Based on 4 ratings

Work at Volvo Trucks? Share your experience.
Employee reviews
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1.0
A zippia user wrote a review on Aug 2024
Pros of working at Volvo Trucks

Pay and campus

Cons of working at Volvo Trucks

Management, coworkers gaslighting, passive-aggressive undertones, nepotism, favoritism, very cliquey, back stabbing, not at all diverse

Volvo Trucks benefits

Pay

What do you like best about Volvo Trucks's CEO and the leadership team?

Idk about the CEO but my management was big on lying and talking poorly about others.

How would you improve Volvo Trucks's culture?

Don't promote people into management positions if they have definite issues with being biased.

How did you prepare for the Volvo Trucks interview?

The recruiters tweaked my resume for a job that had nothing to do with what I was doing

How does your compensation at Volvo Trucks compare to the industry average?

It's ok

What's the diversity at Volvo Trucks like?

It's very lacking. I'm ACE and have neurodivergence and they treated me like crap. They really like to point out disabilities so they have something to blame when you don't agree with their tactics.

What brings you the most joy at Volvo Trucks?

Money

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5.0
A zippia user wrote a review on Aug 2024
Pros of working at Volvo Trucks

Great benefits with more time off than any competitor (Freightliner for example).

Cons of working at Volvo Trucks

The work environment is very “sterile” with unassigned seating and no personal belongings/character. Departments are very Siloed with inter-office squabbling.

Volvo Trucks benefits

In addition to a very generous vacation policy, there is parental leave, caregiver leave, and even volunteer leave!

What do you like best about Volvo Trucks's CEO and the leadership team?

The CEO has regular company meetings and visits the different sites and takes questions and he has followed up on employee concerns that had to be addressed at his level.

How would you improve Volvo Trucks's culture?

If we are going to have unassigned seating, group managers need to be more flexible regarding employee work locations (sometimes you have to sit on a different floor or at a different building, but the managers get upset when they can’t find you.

How did you prepare for the Volvo Trucks interview?

I met with current employees for lunch to talk about the work environment/culture and asked questions to prepare me for the interview.

How does your compensation at Volvo Trucks compare to the industry average?

My current compensation is well above average, but even my starting salary in 2012 was competitive to my previous employer in the same industry.

What's the diversity at Volvo Trucks like?

This is the most diverse “mechanical engineering based” company that I have ever experienced (gender, race, religion, sexual orientation, language, etc)

What brings you the most joy at Volvo Trucks?

The people that I work with. I also enjoy our mission. I believe in the values of this company and they walk the talk.

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1.0
A zippia user wrote a review on May 2023
Pros of working at Volvo Trucks

Salary

Cons of working at Volvo Trucks

Automotive industry constantly laying people off

Volvo Trucks benefits

Good Insurance

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2.0
A zippia user wrote a review on May 2023
Pros of working at Volvo Trucks

The benefits are great!

Cons of working at Volvo Trucks

Management needs a ton of improvement.

Volvo Trucks benefits

Insurance and Retirement

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The team at Volvo Trucks

  • The key people at Volvo Trucks is Martin Lundstedt.
Key people
Martin Lundstedt

Volvo Trucks rankings

Volvo Trucks is ranked #3 on the Best Automotive companies to work for in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Volvo Trucks salaries

Average Volvo Trucks salary
$67,753
yearly
$32.57 hourly
Updated March 14, 2024

Rate Volvo Trucks' commitment to diversity and inclusion.

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Volvo Trucks diversity

10.0
Diversity score
We calculated Volvo Trucks’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Volvo Trucks’s workforce.
Volvo Trucks diversity summary. Zippia estimates Volvo Trucks's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Volvo Trucks's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Volvo Trucks's workforce.
  • Volvo Trucks has 3,700 employees.
  • 30% of Volvo Trucks employees are women, while 70% are men.
  • The most common ethnicity at Volvo Trucks is White (60%).
  • 13% of Volvo Trucks employees are Black or African American.
  • 12% of Volvo Trucks employees are Hispanic or Latino.
  • The average employee at Volvo Trucks makes $67,753 per year.
  • Volvo Trucks employees are most likely to be members of the republican party.
  • Employees at Volvo Trucks stay with the company for 4.8 years on average.

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Volvo Trucks financial performance

9.8
Performance score

Highest paying Volvo Trucks competitors

Compare Volvo Trucks salaries to competitors, including Volvo Cars, Cummins, and L&l; Products. Employees at Volvo Cars earn the highest average yearly salary of $73,804. The salaries at Cummins average $71,408 per year, and the salaries at L&l; Products come in at $66,342 per year.
RankCompanyAverage salaryJobs
1$73,8040
2$71,4080
3$66,3420
4$65,6080
5$64,5480
6$63,0150
7$62,5800
8$61,7000
9$60,1010
10$58,7170

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Zippia gives an in-depth look into the details of Volvo Trucks, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Volvo Trucks. The employee data is based on information from people who have self-reported their past or current employments at Volvo Trucks. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Volvo Trucks. The data presented on this page does not represent the view of Volvo Trucks and its employees or that of Zippia.

Volvo Trucks may also be known as or be related to Volvo Group North America, LLC, Volvo Trucks, Volvo Trucks North America, Volvo Trucks North America Inc and Volvo Trucks North America, Inc.