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Volvo Car South Africa Introduces Six Months Paid Parental Leave

Published: Tuesday, May 7, 2019

Gender IssuesWomen`s InterestAutomotiveMale InterestParenting

Volvo Car South Africa launches a paid gender-neutral parental leave policy offering mothers and fathers a total of six months leave

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Johannesburg - As part of a global initiative, Swedish car maker Volvo Car South Africa launches a paid gender-neutral parental leave policy offering mothers and fathers a total of six months leave with 80 percent pay also applicable to same-sex and parents of adopted children.

Known across the globe for its generous parental leave arrangements, Volvo's parental leave policy will be the first if its kind in the South African motoring industry delivering tangible benefits for both parents and children.

"As part of  Volvo Cars long term strategy of being an employer of choice in South Africa, the new parental leave policy is a welcomed initiative creating an inclusive culture that will continue to retain and attract a diverse group of employees." said Greg Maruszewski, Volvo Car South Africa Managing Director "It will improve work-life balance, boost family time and fits with a progressive human-centric company like ours."

South Africa is known to offer some form of paid parental leave often with a large discrepancy between what is available to mothers and fathers. Moreover, equal parental leave offers the potential to boost labour market and career opportunities for women by reducing career and pay gaps.

"The winners in this battle for talent will be the companies that value diversity, gender equality, modern and flexible working practices and employee well-being." said Maruszewski '"Attracting and retaining the best people is crucial and we know that skilled talent will be more selective in their choice of employer."

The new policy forms part of Volvo Car SA's people strategy to not only attract and retain the best people through generous and inclusive paid parental leave packages but also position Volvo Car SA  as an employer of choice to both existing and future employees.

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About Volvo Car Group

Volvo has been in operation since 1927. Today, Volvo Cars is one of the most well-known and respected car brands in the world with sales of 642,253 cars in 2018 in about 100 countries. Volvo Cars has been under the ownership of the Zhejiang Geely Holding (Geely Holding) of China since 2010. It formed part of the Swedish Volvo Group until 1999, when the company was bought by Ford Motor Company of the US. In 2010, Volvo Cars was acquired by Geely Holding.

In 2018, Volvo Cars employed on average approximately 43,000 (39,500) full-time employees. Volvo Cars head office, product development, marketing and administration functions are mainly located in Gothenburg, Sweden. Volvo Cars head office for China is located in Shanghai. The company’s main car production plants are located in Gothenburg (Sweden), Ghent (Belgium), South Carolina (US), Chengdu and Daqing (China), while engines are manufactured in Skövde (Sweden) and Zhangjiakou (China) and body components in Olofström (Sweden).

Volvo Car South Africa launches a paid gender-neutral parental leave policy offering mothers and fathers a total of six months leave