Fleet News

Fewer staff get company cars

FEWER employees are receiving company cars, according to a new management salary survey by the Staffordshire-based The Reward Group. The survey, which covers more than 1,000 employers throughout the UK with a combined workforce approaching 1.5 million, reveals that staff across all sectors of business, from junior management to heads of function, are receiving a company car as part of their remuneration package.

About 6% fewer heads of function receive a company car now compared with 1995, almost 10% fewer senior and middle managers now receive cars and junior managers, where car provision is a 'tool of the trade' have seen a decline.

Steve Flather, managing director of The Reward Group, said: 'Although there has been a lot of talk about the removal of company cars the truth is that very few people are giving up their company cars. What we are seeing is companies when an employee leaves who was entitled to a company car being replaced by someone who is not entitled to a company car.'

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