‘Family Bond' policy | Volvo offers staff members 24 weeks paid parental leave

On Tuesday, firm Volvo Cars announced that it would opt to give all global staff members 24-weeks paid parental leave – Yahoo! News reported.

The firm’s ‘Family Bond’ policy is said to give all employees with at least one year’s service, a total of 24 weeks of leave, at 80% of their base pay by default.

This new policy will benefit more than 40,000 staff in all plants and offices and will come into effect from April 1, 2021.

‘A supportive culture’