Cycle To Work - Pinch Employee Benefits

Cycle To Work

Savings of up to 50% on bike and safety accessories

Cycle to Work is a government backed scheme that gives your employees tax and national insurance savings on the costs of a brand new bike. The scheme is run at zero cost to the employer and offers real tangible benefits to staff. It not only encourages staff loyalty but substantially increases productivity and reduces absenteeism through a healthier workforce.

Employees can make savings of up to 50% on the cost of a bike and safety equipment and can choose from the largest range of bicycles available in the UK. When you deduct fuel, car and train fares, the annual savings can be substantial. This is a truly win-win scenario which has the added benefit of being environmentally friendly.

Benefits for the employer

Offers a tangible benefit to staff
100% cost-free
Reduces demand for onsite parking
Encourages a healthier workforce
Save NI contribution of 12.8% on the value salary sacrificed
Bikes can be treated as a business asset to recover VAT
Encourages staff loyalty
Healthier, more productive employees
Corporate social responsibility and reduce your carbon footprint
Great addition to your benefits package

Benefits for the employee

Savings of up to 50% on bike and safety accessories
Plus VAT can be passed back to the employee
Choice from the largest range of bicycles available in the UK
Huge range of stores nationwide
No finance charges
Helps your employee's net pay go further
Saves on fuel, train fares and car bills
Become fit and healthier

Cycle to Work is an easy way to a fit and healthier workforce. Employees save up to 50% off the cost of a new bike and the scheme is 100% cost free.

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Cycle to Work

- Zero cost to the employer
> Savings of up to 50% off a bike
> Encourages staff loyalty
> Reduces absenteeism
> Stores available nationwide

The scheme is seamlessly integrated into our platform and is fully supported by our in-house helpdesk. Talk to us and find out how easy the scheme is to implement.

Request an information pack