Continuing the series on employment strategies Gary Hull director of the employment solutions practice at PricewaterhouseCoopers LLP explores the arrangements available for employers to provide cars to employees
While the company car remains a desirable benefit for many employees employers must balance this desire against the overall value to the business.
The number of companies providing a choice of company car or cash allowance has risen steadily from 57% in 1996 to almost 90% in recent years. A survey conducted in 2006 by PricewaterhouseCoopers LLP survey unit Monks found that 67% of UK companies were reviewing their car policies. Encouragingly many are now taking environmental pressures into account. The survey also suggested that cars remain a standard benefit for the majority of senior employees and for...
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Continuing the series on employment strategies Gary Hull director of the employment solutions practice at PricewaterhouseCoopers LLP explores the arrangements available for employers to provide cars to employees
While the company car remains a desirable benefit for many employees employers must balance this desire against the overall value to the business.
The number of companies providing a choice of company car or cash allowance has risen steadily from 57% in 1996 to almost 90% in recent years. A survey conducted in 2006 by PricewaterhouseCoopers LLP survey unit Monks found that 67% of UK companies were reviewing their car policies. Encouragingly many are now taking environmental pressures into account. The survey also suggested that cars remain a standard benefit for the majority of senior employees and for...
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If you do not subscribe but are a registered user, please enter your details in the following boxes:
