Salary-Alternative Compensation and Benefits: Company Car Study



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Salary alternatives, so-called fringe benefits and compensations, are popular with employers and employees alike - especially the company car. A study shows where it is standard - and where employers need to follow suit if qualified professionals and executives want to attract.

Salary-Alternative Compensation and Benefits: Company Car Salary-Alternative Compensation and Benefits: Company Car Study

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Here writes for you: Tim Böger is responsible for corporate customer business, technology and commercial management of Compensation Partner. Profile

Company car as standard equipment?

Overview

Company cars are among the most well-known additional benefits for employees.

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Whether or not a company car pays off in the end should be checked together with the employer.

Study shows: Who has a company car - and who does not?

Overview

However, it is clear that company cars are part of the standard equipment in certain occupations or at a correspondingly high hierarchical level.

In this year's "Company Car Monitor 2018", we at Compensation Partner examined the sectors and occupations most common to company vehicles.

About the benefits study

Overview

In addition, we have determined what the average gross list prices are and which car brands are used most frequently.

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For the investigation, we analyzed 453.367 employee data. 60 percent of the data comes from male employees - 40 percent of women.

The fewest employees own a service car

Overview

As the study shows: Only very few ever drive a service vehicle. That depends, as you will read below, closely with their position in the Company together and also depends on the industry.

In fact, only eleven percent of 453.367 employees said they had a company car.

Distribution of company cars depends, among other things, on the position in the company

Overview

Who drives a company car and who does not, depends on various factors. One of them is the position in the company. The higher this position, the higher the likelihood that a company car will be offered as an additional service.

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This means that company executives are more frequently available in company cars. According to the study, nearly 50 percent of male department heads and managing directors drive a service car.

Salary-Alternative Compensation and Benefits: Company Car Salary-Alternative Compensation and Benefits: Company Car Study

Women and professionals rarely drive company cars

Overview

For female executives, this number is significantly lower: here, there are only 27,4 percent.

In contrast, company cars are less common among skilled workers. For men, 12,1 percent have a service vehicle - women come to only 3,2 percent.

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Company car distribution by industry

Overview

If we look exclusively at the industry, the following picture emerges: service cars are most commonly used in the construction industry. Hardly anything has changed in the past few years.

Construction site managers, architects or craftsmen must be on site in part, which are not always easy to reach by public transport. In addition, they often have to look after several locations and must be flexible accordingly.

Almost every fourth employee in the construction industry owns a service car

Overview

This ensures a high spread of company cars: Almost every fourth man drives a service car here. However, the cost per service vehicle by comparison is not quite as high.

The average gross list price for a company car in construction is 36.155 Euro.

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Consumer and durable goods industry ranked 2

Overview

In second place are consumer and consumer durables with a company car share of 21,6 percent. Here a company car costs on average 45.885 Euro.

The third place with 20,7 percent occupied the wholesale. According to evaluation, the most expensive company cars are also in use here. A vehicle costs on average 49.905 Euro.

Overall Area Management: In sales, most drive a service car

Overview

Depending on the occupation, the distribution of company cars varies. Especially often they occur under heads of division. With a share of over 77 percent, sales managers most often drive a service car. It is followed by branch managers with 75 percent and CEO with 65,5 percent.

Even among skilled workers, sales dominate. 21,6 percent of employees drive a company car in this area. This is followed by technology and IT with a distribution of 12,9 or 8,7 percent.

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Salary-Alternative Compensation and Benefits: Company Car Salary-Alternative Compensation and Benefits: Company Car Study

Volkswagen dominates company car fleet

Overview

The most common car brand is Volkswagen. Of all vehicles tested, VW is by far the most driven model with 27,5 percent.

This is followed by Audi with 17,2, BMW with 12,5, Skoda with 9,8 and Mercedes with 8,6 percent. Thus, the VW Group covers with its brands over 50 percent of the company car fleet.

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