The survey by leasing and finance specialists OSV also found for one in five (19%) workers, a company car was the deciding factor when taking a job, and 16% stated that not having a company car was a deal-breaker.

When asked why a company car is considered such a perk, 41% of respondents said it provides an opportunity to drive a car they wouldn’t ordinarily aspire to, whether through personal financial issues, or because “their partner wouldn’t let them”.

However, only 10% businesses said they will be looking to invest more into fleet cars in the next 12 months.

OSV joint-company director, Andrew Kirkley commented: “Experience has shown me that my business is only as good and strong as the people I employ to work in it. If enhancing the perks I can offer will give me the edge over my competitors, then in my view it’s money well spent.”