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Volvo is (going to?) offer all employees worldwide the equivalent of Swedish benefits: 480 days, of which 90 are barely paid and the rest at 80% with a limit at
by m_eiman 7y ago
Volvo is (going to?) offer all employees worldwide the equivalent of Swedish benefits: 480 days, of which 90 are barely paid and the rest at 80% with a limit at around lower middle class income (many companies top up to 80% of actual pay). Of the better paid days, 90 are dedicated to each parent.
- AdrianB1 7y agoHow will they cover the cost? Lowering the salaries makes them not competitive, raising prices goes the same way, printing money does not work (they are not the Feds), what other options do they have?
- m_eiman 7y agoI don’t know their reasoning, but it’s a pretty attractive deal for would-be parents which could make recruiting easier. And it’s probably partly brand building, which could allocate money from the advertising budget?