44% of employers plan to review company car policies in next 12 months, WTW finds

The latest Company Car survey from WTW found 44% of companies plan to review their car policies within the next 12 months.

30% of companies reviewing their policy said they intended to introduce more environmentally friendly policies or behaviours. 

Among those, 27% plan to add more environmentally friendly cars, increase the car benefit budget per employee or change the makes and models allocated.

WTW’s global data showed 25% of organisations offered a company car, 16% offered only a car allowance, 25% offered both, and 34% offered no car benefit. 

Lisa Shaw, rewards data intelligence lead at WTW, said: “Company cars are no longer a static benefit. 

“They now sit at the intersection of cost, tax, sustainability, employee experience and reward governance. 

“For UK employers, the challenge is not simply whether to offer a company car, but how to design mobility policies that are fair, transparent, affordable and fit for a low-carbon future.”

Shaw added: “The organisations that act now will be better positioned to manage cost, meet environmental and regulatory expectations, and provide benefits that feel relevant to a changing workforce.