🚗 🚘 🚙 Employers are slower to offer a company car 🚗 🚘 🚙

This is the result of a study published last week by SD Worx.

Here are some outcomes of this study:

1️⃣ Company cars down among the under-30s, but especially among the under-25s. For the first time in years, there will be a slight decline in company cars (from 14.8% to 14.6% in 2023). More and more employers only grant this benefit after one year's service.

2️⃣ Compared to 5 years ago, companies are paying 25% more for company cars. The median price increased by 10% over the last year only.

3️⃣ Half of the company cars are salary cars; half are needed for work purposes.

4️⃣ No less than 83% of Belgian workers questioned would like to benefit from mobility advantages or allowances. It is the highest percentage in Europe.

Note that 

1️⃣ this study does not take at all the impact of the mobility budget on the salary cars.

2️⃣ The latest monitoring from the ONSS/RSZ I could find on the web (2023-Q1) still shows an increase as the study done by Acerta summarized in my previous post.

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