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Latest News

VW is car of choice for HR bosses

by Personnel Today 26 Jul 2002
by Personnel Today 26 Jul 2002

The
most popular car among heads of human resources is the VW Golf according to
Watson Wyatt’s 2002 UK Compensation Report.

The
study, based on a survey of 212 companies, also reveals that the E-Class
Mercedes is the most popular car among UK Group chief executives, followed by
the BMW 5-Series and the Jaguar XJ6.

BMW
5-Series cars are most favoured by both heads of marketing and sales, while
budget-conscious heads of finance go for the less expensive Vauxhall Omega.
Heads of quality, meanwhile, are attracted to the build and engineering of the
Ford Mondeo, though if they have the budget they also go for Volvos and BMWs.
Heads of customer services feel safest in a Volvo.

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"It’s
good to see finance departments setting the right example in cost-conscious
times," said Watson Wyatt consultant Phil Hough. "The company car is
an important employee benefit that needs to be managed in the right way. Those
companies that follow best practice can still afford to reward their key staff
with a better model or an in-car CD player."

By Ben Willmott

Personnel Today

Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

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