I am quite familiar with vehicle reimbursement programs. The company I have worked for for five years offered it to its top-level employees – managers, trainers, and executives. The Fleet program is actually a merit (reward) and tenure benefit. Once you reach a certain tenure in the company (for us it was only 7 years since our industry, the BPO industry, has a high fall-out and pirate rate) and if at that tenure, you have been appraised outstanding by your manager (next level person you report to) with two promotions or three step-level promotion, you are entitled to a car.

Now the car model will be up to you. They have different budgets for different levels of employees. You can give them the car model, they will buy it for you (they sometimes have preferred models) or you take the cash, get a loan to add to the lump sum you got, and buy one. All the lump sum needs to be paid back by tenure of service again. If you stay at the company for 10 years, the car (money) is yours. If you decide to take it out your pay to be safe, the car allowance allotted to your salary will cover that.

We got the best HR Benefits Department I tell you.