Bike2Work Scheme

The Bike2Work scheme is a pivotal initiative designed to promote cycling as a healthier and more environmentally friendly mode of transportation to work. At its core, Bike2Work offers a government-approved, cost-effective solution for employees to save significantly on the cost of bikes and related equipment, while also presenting numerous benefits for employers.

How the Bike2Work Scheme Works

The Bike2Work scheme operates through a straightforward, six-step process that ensures both employers and employees can easily participate. For employers, the process begins with signing up through an online form and receiving a company PIN to share with employees. After selecting the desired bike or equipment from over 2,000 partner stores, an invoice and hire agreement are generated for both parties to sign. Employers then make payment to Bike2Work and provide a voucher to their employees, who in turn use this voucher to collect their new bike or equipment.

Benefits for Employers and Employees

One of the most appealing aspects of the Bike2Work scheme is the considerable savings it offers. Employees can save up to 48.25% on the cost of bikes and equipment, making cycling to work an accessible option for many. For employers, there's the added advantage of saving up to 15.05% on National Insurance contributions, reducing their carbon footprint, and enhancing the overall health and productivity of their workforce. Notably, the scheme is free for employers to join, aligning financial savings with corporate social responsibility goals.

Why Bike2Work Stands Out

Bike2Work distinguishes itself by its commitment to not only facilitating savings but also by advocating for a healthier, more sustainable mode of transportation. The scheme aligns with the Government's Green Transport Plan, aiming to make cycling to work an inclusive option for all, thereby contributing to reduced environmental pollution and promoting healthier lifestyles. With over 400,000 employers signed up and an 'Excellent' Trustpilot rating, Bike2Work has demonstrated its effectiveness and popularity among both businesses and their employees.

In conclusion, the Bike2Work scheme represents an innovative approach to transforming commuting habits, offering significant financial and health benefits. By making cycling to work an affordable and convenient option, Bike2Work plays a crucial role in fostering a more sustainable and active society.