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Car cash allowance vs salary

Hi,
I've seen several posts comparing cash allowance and company car but I don't currently get either of those. I assume if I ask for a cash allowance my salary would be reduced so there wouldn't be any overall benefit? Is there something I'm missing? Can someone advise? Thanks

Comments

  • Comms69
    Comms69 Posts: 14,229 Forumite
    10,000 Posts Third Anniversary Name Dropper
    Not sure what you mean? You dont get either, so why would they suddenly offer either?
  • Some companies offer a company car as a perk on top of your salary. As an alternative (as employees may have their own car) the company may offer a cash allowance (essentially additional pay) instead.

    The answer to your question is no. Cash allowance is in addition to your salary.
  • gmc600
    gmc600 Posts: 36 Forumite
    Seventh Anniversary 10 Posts Name Dropper
    Thanks for replies. Basically some other colleagues currently get either a cash allowance or company car as this was offered to them when they joined the company. I joined through the graduate scheme and this wasn't offered but now I'm in the same position as my colleagues so they have suggested I enquire about this with management.
  • Sandtree
    Sandtree Posts: 10,628 Forumite
    10,000 Posts Fourth Anniversary Name Dropper
    In most companies income and perks are decided when someone joins the company and is a way to secure the people you want/give them an incentive to leave their current employers for you.

    In general principle you get good promotions by staying with a company and you make good money by moving companies. I circumvented the graduate scheme of my first serious employer and after a few years I'd gone up the greasy pole and had a team of 10 people reporting to me and running a portfolio of work with £30m spend. The downside was that 6 of my direct reports were paid more than me and 2 of them were complaining about their salary!  I then used the experience I'd gathered there to make a sidewise step to another company but almost doubled my salary over night.

    At the end of the day you can ask and the worst they can do is say no. 
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