Volvo will give its 40,000 employees around the globe a basic all-gender paid parental leave policy as of 1 April 2021 unless local regulations are more generous.

“We want to create a culture that supports equal parenting for all genders,” said Håkan Samuelsson, CEO of Volvo Cars. “When parents are supported to balance the demands of work and family, it helps to close the gender gap and allows everyone to excel in their careers. We have always been a family-oriented and human-centric company. Through the Family Bond programme, we are demonstrating and living our values, which in turn will strengthen our brand.”

The Family Bond policy will give all employees 24 weeks of leave and applies to either parent.

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