2023-09-13 01:00:14
A salary increase as part of a promotion can take the form of an extra-legal benefit, but 20% of employees would refuse the company car.
A job promotion usually means a change in title and increased responsibilities, but not necessarily a salary increase, especially when inflation is high. It can then be replaced by an extra-legal advantage.
As the war for talent continues, the company car is an option often considered. However, it no longer seduces as much as before, according to a study (1,500 respondents) by recruitment specialist Robert Half taken from the 2024 Salary Guide, to be published in October.
Those aged 55+ are the least interested
Not less than 20% of employees would refuse a company car instead of a salary increase linked to a promotion. Particularly those aged 55+ (29% refusal), compared to 14% of 18-34 year olds and 18% of 35-54 year olds.
The company car is and will remain a strong argument in the salary package for the employer and will continue to attract a large proportion of employees.
“This is quite surprising, because the company car is one of the benefits that most attracts candidates. Older employees probably already own a car for family reasons or would rather like a higher salary as they approach pension. We must also take into account the increase in teleworking, which limits travel, the attractiveness of the mobility budget, and the importance given to the ecological footprint”, comments Joël Poilvache, regional managing director at Robert Half.
Robert Half experts, however, agree that the company car is and will remain a strong argument in the salary package for the employer (75% plan to offer it and 45% to offer it as an alternative to an increase) and will continue to attract a large portion of employees.
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