Many people who commute by bike will recognise the financial savings of petrol or bus fares, not to mention the opportunity to avoid congestion and benefit from daily exercise. Employers are also becoming more aware of the positive benefits on their profit margins, supporting their staff to cycle to work which promotes well-being, eases company transport and decreases absenteeism.
If you haven’t yet tried cycling to work, or not sure where to start, there are a number of great schemes and incentives to get you moving.
Access to bikes:
Cycle to work schemes provide an affordable and tax efficient means for employees to purchase a bike monthly – so spreading the cost and paying for the bike from their salary pre-tax, meaning savings of up to 42% off the total cost of a new bike.
Employee cycle challenges:
To create an environment that motivates and rewards employees to continue to cycle to work, www.lovetoride.net has a series of year-round local and national challenges, accessible online via an app or their website.
Colleagues are encouraged to log miles and compete against each, against other businesses, teams or individuals to win prizes such as holidays or vouchers.
During Bike Week, Love to Ride are giving away a bike a day in their fantastic prize draw! Make sure you register and record your distances during Bike Week to be entered to win.