Cycle to work
What is Cycle to work?
Cycle to work is a type of salary sacrifice scheme where employees can save on the cost of buying a bike.
Employees split the cost of the bike over the course of a year, and the payment is taken from their gross salary. This way, employees benefit from savings on National Insurance & income tax.
Why should you offer cycle to work?
Cycle to work schemes benefit both companies and employees.
Benefits to your employees:
- Employees save money on buying a bike
- Save money on commuting costs
- Supports an active and healthy lifestyle.
Benefits to you:
- Healthier & happier employees
- Great way to help the environment
- Reduced NI costs
Why offer cycle to work through Ben?
Offering benefits through Ben gives you unmatched support at every step of the benefits process. You'll get your own benefits consultant to help you design the perfect benefits package for your team, plus access to our handpicked network of providers.
Once you've set up your plan, you'll get around the clock support from our onboarding team.
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Ben is easily the most engaged initiative we’ve ever had. It gets everything to everyone in different locations, and I can’t even tell you how much time it’s saved us.
