Enjoy Benefits Cycle To Work

The Enjoy Benefits Cycle to Work scheme represents an innovative approach to promoting healthier commuting habits and environmental stewardship among employees, while also providing substantial financial benefits to both employers and employees. This scheme, facilitated by Enjoy Benefits, allows employees to purchase bikes and safety equipment through a salary sacrifice arrangement, thereby saving on Tax and National Insurance (NI) contributions. The scheme is designed to be easy to implement by employers, with Enjoy Benefits undertaking all the administrative tasks, ensuring the scheme remains compliant with HMRC regulations.

Employees using the Enjoy Benefits Cycle to Work scheme can save up to 47% on their purchases, depending on their tax bracket, without any need for credit checks. The range of products available includes not just bicycles but also essential safety equipment, allowing for a comprehensive cycling setup. Employers benefit too, as there's no cost for them to set up the scheme, and it can enhance their public image as a company that cares for its employees' health and the environment. Additionally, the company can save on employer NI contributions, making it financially beneficial.

For employees, the scheme is not just about financial savings. It also offers the chance to improve physical fitness, reduce transportation and parking costs, and contribute to environmental conservation by lowering carbon emissions. Moreover, Enjoy Benefits makes it possible for employees to choose from a wide range of cycles and retailers, ensuring they can find the right bike and equipment for their needs. Once the hire period is over, there are options for employees to take ownership of the bike, making the scheme even more attractive.

Employers looking to introduce the Enjoy Benefits Cycle to Work scheme can do so easily, with assistance available for setting up. This flexibility and support extend to employers of all sizes across various sectors, illustrating Enjoy Benefits' commitment to promoting sustainable commuting practices widely.

The Enjoy Benefits Vouchers are a key part of this scheme, offering a straightforward way for employees to redeem their chosen bikes and safety equipment through participating retailers like Westbrook Cycles. This process ensures that employees can efficiently use their vouchers towards improving their commute and overall well-being.

In summary, the Enjoy Benefits Cycle to Work scheme is more than just a financial savings plan; it's a comprehensive program aimed at enhancing employee welfare, supporting environmental goals, and providing tangible benefits to employers. Its ease of implementation, coupled with the significant advantages it offers, makes it a compelling option for companies looking to add value to their employee benefits package.