Cyclescheme short-listed for Fast Track 100
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Cyclescheme product story
Edited by the Employeebenefitstalk editorial team
Jan 14, 2010
Cyclescheme has been short-listed for the Sunday Times Virgin Fast Track 100.
Cyclescheme works as the interface between employers wishing to run the government-backed cycle-to-work initiative and a network of expert bike shops.
It arranges the purchase of bicycles on behalf of employers for their staff as a tax-free benefit and estimates that the average saving on bike purchases is between 30 per cent and 50 per cent.
Since the company was founded in 2005, Cyclescheme has set up cycle-to-work schemes for around 8,500 employers throughout Britain.
The investment into Cycle Commuter magazine, which goes directly to employers adopting the Cyclescheme initiative, aims to pre-educate the employee on the benefits of a complete equipment package with cycle safety at the forefront.
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Other Cyclescheme stories
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Cyclescheme helps companies meet government aims
The Department of Transport has issued a voluntary initiative encouraging employers to be more cycle friendly by signing up to the Cycle to Work Guarantee. -
Rolls-Royce chooses Cyclescheme for employees
Rolls-Royce has selected the Cyclescheme cycle-to-work initiative for its employees, and in doing so has become Cyclescheme's biggest cycle-to-work scheme in the UK to date. -
Cyclescheme provides bikes and accessories
Cyclescheme lets employees use a voucher system and salary sacrifice to access bikes, accessories and safety equipment. -
Sacrifice salary for a cycle
Cyclescheme's package allows employees to sacrifice part of their salary in exchange for a bike, accessories or safety equipment. -
Cyclescheme provides free cycle-to-work schemes
Cyclescheme has helped more than 6,000 UK employers establish and operate successful cycle-to-work schemes.
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