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CycleSaver

CycleSaver is the UK’s first cycle-to-work scheme designed exclusively for bike share services rather than traditional bike ownership. It’s designed to complement your existing cycle to work scheme – giving employees even more sustainable, flexible, and accessible ways to commute.

Through CycleSaver, your employees can save up to 47% on subscriptions from the UK’s top bike share providers including Lime, Forest, Santander Cycles, Beryl, Voi, and Dott – all via salary sacrifice.

We also offer CyclePass, our most flexible product yet, which allows employees to load credit and use it across multiple bike-share providers at once.

How it works:

CycleSaver operates as a salary sacrifice benefit, where the cost of your employee’s chosen subscription is deducted from their gross pay before tax and National Insurance.

This reduces their taxable income – meaning employees save up to 47% while employers benefit from lower National Insurance contributions and improved sustainability credentials, all at no cost to the business.

Savings depend on an employee’s income bracket:

Tax BracketIncome (per annum)Savings
BasicLess than £50,00028%
Higher£50,000 – £125,00042%
AdditionalOver £125,00047%

Through these salary sacrifice savings a 25-minute Lime e-bike ride that would normally cost £2.65 could cost as little as £1.40 after tax savings.

Why offer CycleSaver?

Boost sustainability: Help your organisation reduce its carbon footprint and promote greener commuting.

Enhance your benefits package: Offer a modern, flexible alternative to traditional cycle-to-work schemes that employees will actually use.

Improve wellbeing and retention: Support healthier, happier, and more engaged employees.

No cost to employers: While we do charge an 11% admin fee, this is offset by the 15% Employer National Insurance savings you make as a company by utilising a salary sacrifice scheme – meaning you walk away with a saving of 4% for every employee who takes out a CycleSaver product.

Flexible for all employees: Subscriptions can be paused or cancelled monthly, ideal for seasonal riders.

No maintenance or ownership worries: Employees simply unlock, ride, and go – no bike maintenance, theft risk, or insurance costs.

Products/Services Offered: (A summary of your key offerings)

We have partnered with the UK’s leading bike share providers to bring employees the widest choice of subscriptions – designed to suit every commute and every need.

Visit our subscriptions page here.

Download our product guide here.

Exclusive offers:

Clients referred by Engage Health Group will receive regular sustainability reports to enhance their company ESG efforts, outlining frequency of use and emissions saved – at no additional cost

Get started:

https://www.cyclesaver.co.uk/?utm_source=engagehealth&utm_medium=web&utm_campaign=referral

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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