
Evans Cycles
A Brief Overview of Evans Cycles Cycle Scheme Offering
Evans Cycles, one of the UK’s most recognised and trusted bike retailers, offers a Cycle to Work scheme that makes it easy and affordable for employees to get a new bike for commuting and personal use. Through our scheme, employees can choose from a vast range of bikes, cycling gear, and accessories across hundreds of brands, including top models in e-bikes, road, hybrid, and mountain bikes. Our partnership with employers allows employees to access these products through a tax-efficient salary sacrifice arrangement, with costs spread over time for added affordability. Evans Cycles’ robust network of stores and online shopping options ensures a flexible and convenient experience for all participants.
The Main Benefits for Employees
Evans Cycles’ Cycle to Work scheme provides substantial financial savings and convenient payment options for employees. By opting into the scheme, employees can save between 28% and 42% on bikes and accessories, depending on their tax bracket, as they pay using pre-tax income. This tax-efficient approach makes acquiring a high-quality bike or necessary safety gear accessible to a wider range of employees without the burden of a significant upfront expense. Payments are deducted over 12 to 18 months, helping employees enjoy the benefits immediately while managing the cost comfortably.
Beyond the financial benefits, the Cycle to Work scheme promotes a healthier, more active lifestyle. Cycling regularly is known to improve physical and mental health, reducing stress, boosting fitness, and increasing energy levels. Commuting by bike also offers a more reliable and enjoyable alternative to crowded public transport or costly car commuting, which can be time-consuming and prone to delays. With the added independence of cycling, employees gain flexibility in their daily commute, often experiencing quicker travel times in urban areas. Furthermore, the scheme aligns with a sustainable lifestyle, as cycling produces zero emissions, helping employees contribute to environmental efforts.
The Main Benefits for Employers
For employers, offering Evans Cycles’ Cycle to Work scheme is a tax-efficient way to enhance employee benefits while fostering a healthier and more engaged workforce. Employers save on National Insurance contributions for every employee enrolled, reducing payroll costs. This scheme supports corporate wellness initiatives, contributing to lower absenteeism, increased employee productivity, and improved workplace morale. Healthier employees often demonstrate greater focus and energy, which can lead to better performance.
The scheme also appeals to the values of today’s workforce, many of whom prioritise wellness, sustainability, and work-life balance. By offering this benefit, employers can enhance their recruitment and retention efforts, appealing to talent who value active, eco-friendly commuting options. Moreover, supporting the Cycle to Work scheme helps companies achieve sustainability goals by reducing their carbon footprint, positioning them as forward-thinking and socially responsible.
Special Features
- Evans Cycles’ Cycle to Work scheme includes several features that make it an attractive option for both employees and employers. Our extensive range of bikes and accessories ensures that employees have access to quality equipment to suit various needs, from city commuting to off-road adventures.
- Employees benefit from expert advice in any of our stores nationwide or through our online services, where they can explore detailed guides and consult with our cycling specialists to choose the best bike and accessories for their needs.
- Another standout feature is our added maintenance support, which includes discounts on servicing and repairs in our stores. We offer optional safety workshops and maintenance sessions for employees, enhancing their confidence and safety on the road.
- Additionally, our online portal provides an easy, user-friendly platform for managing all aspects of the scheme, from initial applications to managing payments and selecting items. For employers, our dedicated support team simplifies the administration, providing all necessary resources and guidance to ensure the scheme is effectively implemented and supported.
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