The provision of company benefits in the UK

David Collard, Michael Godwin, John Hudson

Research output: Contribution to journalArticlepeer-review

3 Citations (SciVal)


A theoretical analysis argues that a company will provide benefits if they are worth more to the employee than income equal to the net amount it is costing the firm to provide the benefit. Because the individual is being denied choice, other things being equal he/she would prefer the income. But the firm may be able to provide a benefit-wage package which compensates the individual because of (i) tax advantages, (ii) economies of scale in purchasing or (iii) production function advantages. The empirical work focuses on benefit provision in the UK.
Original languageEnglish
Pages (from-to)1397-1421
Number of pages25
JournalJournal of Business Finance and Accounting
Issue number7-8
Publication statusPublished - 2005


  • Personnel Economics
  • Private Pensions (J320)
  • Payment Methods (J330)
  • Compensation Packages
  • Compensation and Compensation Methods and Their Effects (M520)
  • Nonwage Labor Costs and Benefits


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