Company car benefits represent a key component of the compensation package that employers offer to recruit and retain the best talent — especially as a benefit for executives and management and as a tool-of-trade for sales professionals. Mercer’s 2014 Global Car Policies report examines company car policies in 90 markets worldwide — highlighting allowances, purchase and lease prices, popular makes and models, country and region-wide prevalence, and more.
“Car benefits continue to play a significant role in attracting and retaining key talent, particularly as companies face skill shortages,” says Samantha Polovina, the Mercer Principal responsible for the report. “Knowing what companies offer — and the variations in benefit forms — in different world markets is essential data for a company with overseas operations. With effective planning, development, and administration of a car policy, a company can successfully establish a fair, equitable, cost-effective, and highly competitive benefit.”
Learn more about trends in car benefits worldwide.
For more information about this study, visit www.imercer.com/products/2014/global-car-policies.aspx.
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<a href="http://mthink.mercer.com/global-car-policies-a-key-talent-driver/"><img src="http://mthink.mercer.com/wp-content/uploads/2014/04/140416-Mercer-129-CarPolicies.png" alt="Global Car Policies: A Key Talent Driver" title="Global Car Policies: A Key Talent Driver" /></a><br /><a href="http://www.mercer.com/">Infographic by Mercer Insights</a>