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(From Financial Director)
Byline: Catherine Chetwynd.
The Executive Reward Survey, published last October by employment consultants Woodrow Wyatt, revealed that less than one chief executive in four has sole use of a chauffeur. This is down on five years ago, when 33% enjoyed exclusive use of the service. Shared use of a chauffeur at chief executive level is also down, from 26% to 22%.
However, sole use of a chauffeur by all board directors has seen a marked increase - 13% against just 7% five years ago - while shared use is down, from 30% to 16%.
Today's chauffeur-driven vehicles come equipped with laptop connectivity and fax machines, …