Caboodle Cycle To Work
The Caboodle Cycle to Work scheme, operated by Caboodle Technology, offers a compelling and cost-effective way for employees to purchase bikes and cycling equipment through a salary sacrifice arrangement. As a part of Caboodle Technology's comprehensive range of employee benefits, the scheme underscores the company's commitment to promoting healthier commutes and environmental sustainability. Partnering with Cycle2Work, Caboodle provides access to an extensive network of over 1,500 bike shops across the UK, including Westbrook Cycles, facilitating a seamless and flexible purchase process for employees.
The scheme is highly beneficial for both employees and employers. Employees can save between 32% and 42% on the purchase of new bikes and cycling equipment, a significant saving that makes cycling a more accessible and attractive option for the daily commute. The wide acceptance of the Caboodle Bike to Work voucher ensures that participants have a broad selection of bikes and equipment to choose from, including top brands like Scott, Giant, and Cannondale, among others. Additionally, safety equipment such as helmets, lights, and locks can also be purchased through the scheme, enhancing the safety and convenience of cycling to work.
Employers benefit from the Caboodle Cycle to Work scheme by encouraging a healthier, more environmentally friendly mode of transport among their workforce. Not only does this contribute to reduced parking needs and congestion but also supports the well-being of employees. Moreover, by participating in the scheme, companies can make National Insurance savings, adding a financial incentive to the environmental and health benefits.
Caboodle Technology's integration into the Access People portfolio further solidifies its position as a leading provider of employee benefits. The company offers a wide array of benefits beyond the bike scheme, including financial well-being packages, health and wellness benefits, and lifestyle discounts. This comprehensive approach to employee benefits is designed to enhance engagement, reward employees, and support companies in attracting and retaining top talent.
In conclusion, the Caboodle Cycle to Work scheme represents a synergistic component of Caboodle Technology's broader employee benefits offering. By making cycling more affordable and accessible, Caboodle not only promotes physical health and environmental stewardship but also provides tangible financial benefits for both employees and employers. The scheme's success is evident in its wide acceptance and the substantial savings it offers, making it a pivotal part of many organizations' benefits packages.