Cycle Schemes For Employees
Cycling to Work: Makes you happier, Healthier and more productive.
What's stopping you from cycling to work? Often it's the cost of a bike and the equipment that goes with it. Now you can reap all the benefits to your health and well-being whilst taking advantage of the financial reward using a cycle scheme can give.
People who engage in active travel like cycling are happier, more productive in the workplace and take fewer sick days compared to their car driving colleagues. In fact, 82% of Cyclescheme participants said they felt less stressed after cycle commuting*.
*2017 Cyclescheme survey of 1,000 participants.
What is the proccess to sign up to a scheme?
1.
Sign up on your respective schemes website.
2.
You will get a unique code from your employer.
3.
Choose your new e-Bike and any accessories your require.
4.
Your employer will recieve an invoice and the agreement for you both to sign.
5.
Your employer will make the payment and recieve your voucher redemtion code.
6.
Submit your voucher redemtion code to us and recieve your new e-Bike.
What are my key benefits of using a scheme?
Cost Savings:
Employees can save money on the cost of a new bike and accessories through salary sacrifice, spreading the expense over a fixed term. You can make significant savings compared to purchasing your e-bike outright.
Health & Well-being:
We all know how important looking after your physical health and mental well-being is. Using an e-bike for your daily commute incorporates regular excercise into your daily routine and promotes a healthier lifestyle.
Environmental Impact:
Choosing an ebike as a mode of transportation reduces your carbon footprint, you can actively contribute to environmental sustianability by decreasing your reliance on motor vehicles and promote eco-friendly commuting.
Tax Benefits:
Salary sacrifice is exempt from income tax and National Insurance contributions. This provides you a financial incentive to buy through the scheme with savings ranging from 25% - 48% depending on your scheme and Tax rate.
Flexible Commuting:
Cycling to work offers a flexibility you just don't get when driving or on public transport. You can plan your routes to take in the scenery and avoid congestion arriving at your destination when you want to.
How much could you save?
We have included the Savings Calculators from the CycleScheme and the Green Commute Initiative, simply enter your information to see your possible savings.