Volvo Cars gives employees 6-month paid parental leave

Sweden has one of world’s most generous national parental leave policies with 480 days to be shared by both parents at 80% of their salary up to a ceiling of around US$4,500 a month. – EPA pic, March 30, 2021.

SWEDISH automaker Volvo Cars said today it would give its 40,000 employees worldwide the right to six-month paid parental leave in a bid to increase gender equality and attract talent.

As of April 1, employees who have worked for the carmaker for at least one year will be entitled to the benefit at 80% of their salary.

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