EXCLUSIVE: Almost two-thirds (65%) of HR and benefits professional respondents do not receive a car or car allowance as part of their benefits package, either as a business or perk driver, according to research by Employee Benefits.
The Salary survey 2017, which surveyed 249 HR, reward and benefits professionals in December 2016, found that 35% of respondents receive a car or car allowance as part of their reward package, revealing a slight drop in the proportion of HR and benefits professionals who did so in 2009 (39%).
A car allowance is the most popular way in which respondents receive this benefit (26%), with 32% of this group offered an annual allowance in the region of £5,000-£5,999. Just 5% of respondents are provided with an allowance under £4,000, while 3% are given an allowance of more than £10,000 a year.
Of the 9% of respondents who are provided with a company car, 41% value the vehicle at between £30,000 and £39,999. More than a quarter (27%) value their company car at £40,000 or over.
While 32% of respondents who have a company car value it in the range of £20,000-£29,999, no respondents value their company car at less than £20,000 at new price.
Click to download the full Employee Benefits Salary Survey 2017.