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Cyclescheme

Cyclescheme is a UK-based initiative that enables employees to purchase bikes and cycling gear through salary sacrifice, saving up to 42% on costs.

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Cyclescheme is a UK-based initiative that enables employees to purchase bikes and cycling gear through salary sacrifice, saving up to 42% on costs. Partnered with over 2,600 retailers, it simplifies the process for employees to commute sustainably, while employers benefit from a healthier, greener workforce.

Cyclescheme is a popular UK employee benefit that helps employees save money while promoting healthier, eco-friendly commuting. Through this salary sacrifice scheme, employees can access bicycles and cycling accessories with savings of up to 42%, thanks to reduced Income Tax and National Insurance contributions. Payments are spread over 12 months, allowing participants to enjoy interest-free, manageable deductions directly from their gross salary.

As the UK’s leading provider, Cyclescheme’s key advantages is its simplicity and wide accessibility. Employees can choose their bike and accessories from over 2,600 retailers nationwide, encompassing both local independent stores and major chains. This diverse network ensures a broad selection of options, including traditional bikes, e-bikes, and essential cycling gear like helmets, lights, and clothing. There is no set spending limit, making it suitable for a range of budgets and needs.

Employers benefit from offering Cyclescheme as it supports employee well-being, encourages sustainable commuting, and reduces carbon footprints. By facilitating healthier and greener travel, companies can foster a more engaged and environmentally conscious workforce while contributing to their Corporate Social Responsibility (CSR) goals.

Cyclescheme also goes beyond just the purchase of bikes and equipment. It offers participants additional perks, such as exclusive discounts on insurance, cycling maintenance, and community events. This comprehensive approach enhances the cycling experience and ensures ongoing support for new and seasoned riders alike.

For employees, Cyclescheme provides a straightforward way to enjoy the benefits of cycling – whether for commuting, leisure, or fitness – while minimizing upfront costs and financial burden. Its combination of affordability, flexibility, and long-term savings has made it a trusted option for employers and employees looking to embrace a healthier, more sustainable lifestyle.

Get in touch:

benefits-onboarding@bhnetwork.com quoting Hooray Health & Protection.

Accolades and awards

Hooray collected multiple awards from the industry’s leading minds at the Health & Protection Awards 2024.

_HPA24 Advice Firm of the Year [YELLOW]
_HPA24 Best Small Health Insurance Advice Firm [YELLOW]
_HPA24 Best Sales & Retention Advice Team [YELLOW]
_HPA24 Best Small Protection Advice Firm [YELLOW]

Free advice, no obligation quotes

Talk to our team today and we’ll advise you on the best benefits package.
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