Cycle2Work
Cycle2Work is part of a government initiative that encourages more people to commute by bike, enabling people to make healthier choices and reduce the UK's carbon footprint.
This scheme is run via salary sacrifice, allowing employees to make savings of up to 47% on the cost of a new bike and accessories. The employer also makes savings of 13.8% through National Insurance contributions.
Why choose Cycle2Work
- We are the UK’s leading cycle to work provider
- Something for everyone, with access to 98% of bike brands through a network of 1500+ retailers
- Ability to set your own scheme limit, including exceeding the traditional £1000 cap
- Hassle free end of hire, completely managed for you and with no cost to your employees
- Full support for you and your workforce
Benefits for Employers
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Improved attendance and productivity
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Promoting an environmentally friendly workplace
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Engaging and retaining current employees while attracting new ones
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Adding to company strategy for employee benefits
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Zero cost set up, effortless to run, and proactive Account Management
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Solution for all colleagues including National Minimum/National Living Wage
Benefits for Employees
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Save money and spread the cost on a brand-new bike and accessories
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Improved mental health, mood, and sleep quality by reducing stress
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Increased fitness levels, better immune systems to prevent illnesses like heart disease and cancer
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Reducing unnecessary spending on fuel, parking, public transport and gym memberships
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Saving hours waiting for public transport and maximising time by enabling employees to work out on their commute
Get In Touch
If you’d like to find out more, just click here to get in touch with us and we can book in a consultation with one of our Employee Benefits Experts.
Customer Testimonials
Reward Manager , BMI Healthcare
"By Halfords offering a fully administrated service and the very best value, choice and service for our employees it really is clear why we choose them to run the scheme."
South Wales Fire & Rescue Service
"Right from the start Halfords were on hand to walk us through the process.. making it as simple as possible"