Cycle to Work
How it works
The Salary Sacrifice Cycle to Work Scheme gives you the opportunity to obtain a regular bike or e-bike and accessories up to the value of £10,000 of your choice by sacrificing a portion of your salary. You can find out your nearest participating bike store and online bike stores, where you can obtain a quote for your chosen bike & accessories by clicking on the link below, and viewing the Cyclescheme website which has a list.
The Trust will carry out a few checks to make sure that you are eligible for the scheme, such as being a permanent member of staff and ensuring that you will not be dropped below minimum wage.
Benefits of the scheme
- An opportunity for you to obtain a brand new bike every year
- You will make savings on your Tax, National Insurance, and pension (if applicable) contributions
- Spread the cost of the bike & accesories over 12 months
- Chance to explore and get fitter at the same time
How to apply
- Go to the chosen cycle store, select your bike and equipment & obtain your quote
- Click "Apply " below and enter your quote details
- Once your request is approved you will receive an e-mail allowing you to download your hire agreement.
- Your certificate will be sent to your chosen email address within the hour once approved. Approval can take up to 5 working days.
- Take your certificate to the shop and collect your bike and equipment or redeem your certificate and supply to online store.
- Once the 12 month hire agreement and salary sacrifice ends, you will be contacted by the Cycle Scheme provider to inform you of your different ownership options. You can find more information around these options by clicking here: https://help.cyclescheme.co.uk/article/42-what-is-an-ownership-fee.
Staff who are on a fixed term contract should contact Benefits Everyone on 0191 2820735 or by emailing [email protected] before submitting your application.
Apply
Cycle Scheme Guide
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