MOTIVATING FACTOR: Young people consider company cars to be an important factor when deciding whether or not to accept a job. Image: iStock
London - In a study of 1500 employees, conducted by Censuswide for Škoda, reveals that approximately 88% of participants claimed their benefits package is important when negotiating a job. Of those, nearly two thirds cited a company vehicle as a perk that would interest them.
Desirability was strongest among young drivers (17–24), with 33% revealing they would be more likely to accept a job if they were offered a vehicle to drive.
Meanwhile, more than a quarter of young workers said a company car was the most appealing benefit.
Cars help retain staff
Furthermore, company cars were shown to be a powerful way for businesses to retain staff - with nearly two thirds of respondents saying they’d be more likely to stay in a job if given a set of work wheels.
In general, company cars were more popular than medical insurance, a mobile phone and frequent training.
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Men find the offer of a car more appealing than women with 68% saying they would accept a job due to a company vehicle. This is 10% more than women.