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Most employers still offer vehicle-related benefits

According to a new WorldatWork research report, 89 percent of employers still offer vehicle-related benefits to employees, with the most popular vehicle benefit being fuel or mileage reimbursement at 72 percent, car allowance at 65 percent and providing a company-owned automobile at 53 percent.

By Amanda McGrory-Dixon | Updated on July 19, 2011

According to a new WorldatWork research report, 89 percent of employers still offer vehicle-related benefits to employees, with the most popular vehicle benefit being fuel or mileage reimbursement at 72 percent, car allowance at 65 percent and providing a company-owned automobile at 53 percent.

Despite spiking fuel prices, the impact of rising prices on an employer’s vehicle-related benefits program is much less in 2011 than in 2008 when the survey was first administered. In fact, only 13 percent of companies are considering or implementing changes to scale back on the programs, compared to 2008 when 78 percent of companies were doing so.

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