Cycle Solutions Cycle To Work

The Cycle Solutions Cycle to Work Scheme is based on a prominent initiative in the UK designed to encourage employees to cycle to work, promoting both environmental sustainability and physical health. This scheme, backed by Cycle Solutions, stands out for its comprehensive approach and flexibility, catering to a wide range of needs among both employers and employees.

For Employers: Employers looking to sign up for the Cycle Solutions Cycle to Work Scheme will find the process straightforward and fully compliant with HMRC requirements. Cycle Solutions offers extensive support throughout the setup process, ensuring employers can easily offer this beneficial scheme to their employees. The scheme not only facilitates a healthier lifestyle but also positions companies as environmentally responsible organizations. Furthermore, it is noted for delivering significant savings through reduced National Insurance contributions, thanks to the salary sacrifice mechanism employed.

For Employees: Employees stand to gain considerably from participating in the Cycle Solutions cycle to work scheme. By choosing to cycle to work, employees can significantly cut down on daily travel costs, improve their health, and reduce their carbon footprint. The scheme allows for savings up to 49% on new bikes and cycling accessories, making it financially attractive. Eligibility is broad, encompassing those who are paid through PAYE, are over the age of 16, and earn more than the national minimum wage after the salary sacrifice.

Scheme Features:

Flexible Funding and Scheme Limits: Cycle Solutions offers a variety of funding options to suit different organizational needs, including proforma, finance, or credit options. Employers can set up scheme limits that reflect the needs of their workforce, allowing for a more inclusive scheme that can accommodate e-bikes and high-value cycling packages.
Comprehensive Selection: Participants have access to a wide selection of over 400 cycling brands, ensuring they can find the right bike and accessories that meet their needs. The scheme also supports purchases from both Cycle Solutions' online store and a UK-wide network of local partner bike shops, providing both convenience and local support.
End of Scheme Process: The scheme offers a seamless end of scheme process, with no additional fees for employees, ensuring the savings made through the scheme are maximized. Ownership options depend on the scheme limit chosen, with clear processes in place for transferring ownership to the employee at the end of the salary sacrifice period.

Promotion and Support: Cycle Solutions actively supports employers in promoting the scheme to maximize uptake. This includes providing co-branded marketing materials at no extra cost, organizing road shows, Bike Doctor events, and offering test ride opportunities. Employers and employees alike benefit from dedicated account management and client success teams that assist with every aspect of the scheme, from initial setup to ongoing administration and promotion.

Environmental and Health Benefits: The environmental impact of switching to cycling is significant, offering a sustainable alternative to traditional commuting methods. Employees can use the cycle solutions calculator to see the potential CO2 emissions reduction and health benefits, including calories burned, which underscores the scheme's positive impact on both individual health and the environment.

The Cycle Solutions Cycle to Work Scheme is an exemplary model of how businesses can support their employees in making healthier and more environmentally friendly commuting choices. Its flexibility, comprehensive support, and the significant savings it offers make it an attractive option for both employers and employees across the UK