Cycle To Work Benefits For Employers

Company benefits for cycle to work scheme
As a business, if you are thinking of implementing a cycle to work scheme as a work benefit within your organisation, you should, and here’s why. The cycle to work solution delivers a plethora of company benefits, not only will you help your employees get active on their commute to work, but you will also have an impact on the environment and reap some financial benefits also.

Environmental benefits of cycling to work

By adopting the cycle to work scheme in your company, you are implementing a sustainable initiative to help you become a more environmentally friendly company. The more employees you encourage to cycle to work rather than commuting in cars or public transport, the more carbon emissions you can cut to help save the environment. According to CTC, “individuals who commute four miles each way in a car would save 0.5 tonnes of CO2, or 6% of their annual carbon footprint, if they decided to cycle to work instead.”1 Cycling to work protects the environment by:

● Reducing air pollution from motorised road transport.

● Increasing the need for green space, as more individuals cycle to work, more traffic-free areas will be required.

● Helping to protect biodiversity by reducing the impact of climate change.

● Reducing noise pollution by minimalising the number of vehicles on the roads.

Aside from this, you may also attract and improve your employee retention as you move towards being a sustainable company, this is crucial as “employees want to feel that their employers are aligned with their values and actively taking action.”

With more of your employers opting for a cycling commute, traffic congestion and journey times for other users will be reduced, especially in urban areas. An additional benefit to this is that the roads within our communities will also become much safer, as there is less danger of individuals over-speeding or driving in an unsafe manner.

The final environmental benefit of cycling to work is that the need to build, service and dispose of cars is reduced, as employees will be using their household cars much less, providing them with a longer lifespan.

Financial benefits of cycling to work

Tax benefits for cycling to work, means that as an employer you end up paying less employer national insurance contribution, employers can typically save 13.8% of the total value of salary sacrifice. By promoting cycling to work across your organisation, you can also make some additional savings (outside of tax) in these following areas:

● Mobility costs, if you seek to promote cycling rather than using company cars when attending business meetings and trips in and around the city. By doing this, savings can be made, such as loss of value, operating costs, repair and maintenance costs.

● Parking costs, cycling parking is far cheaper than car parking, especially in big cities. Bike parking facilities also require less space and can serve more employees at one time, whereas only one car can fit in a parking space. Meaning your business can save more money when employees switch to commuting by bike.

The health benefits of cycling to work

A daily cycle commute is said to have many health benefits, improving both your physical and mental health in turn, this can provide benefits to you as an employer.

Cycling employees are healthier, meaning these individuals will take fewer sick days a year, leading to better employee attendance and reduces costs associated with sickness and absence. According to Sustrans, “the average UK worker takes 4.5 sick days a year, whereas those that cycle only takes 2.4”

Cycling employees are happier, many studies have shown that regular exercise can increase self-esteem and help individuals manage stress and anxiety.

Cycling employees are more efficient and productive when at work the reason for this is that when an individual cycles, they fire up extra nerve cells, which in effect improve your brain’s cognition, functioning and physical structure. The active commute also impacts energy levels throughout the day, leaving cyclists feeling energised throughout the day.

Cycle commuters are more punctual and tend to arrive on time to work, this is due to cyclists not having to battle with traffic or face unexpected bus or trains delays, like some other commuters.

Implementing a cycle to work scheme within your workplace can boost employee morale and motivation, according to Green Action Centre,” an individuals commute plays a significant role in the energy levels an employee has at work, out of all transport methods, drivers have the lowest odds of feeling energised at work”

If your business doesn’t currently offer the cycle to work scheme, but you would love to reap all the benefits of the cycle to work scheme listed above, find out more about Electric Bike Access cycle to work scheme benefit here.

Grab the wheel and ride to a happy working environment for you and your employees. s-how-they-can-deliver#:~:text=We%20found%20that%20workers%20don,company%20with%20stro ng%20environmental%20policies. 1 4 3 Back to Blogs

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