Less than quarter don’t offer cash scheme

Just 23.8% of UK employers which provide a company car scheme for employees do not provide a cash alternative. Watson Wyatt’s Company car/cash allowance report 2006 also found that 56.9% of employers offer staff a choice of both options, while a further 15.2% only offer a cash allowance.

The UK topped the list of countries most likely to offer a cash alternative to a company car.

To purchase a copy of the survey (priced at 1,900 euros) email customerservices@watsonwyatt.com