Does Coop have cycle to work scheme?

Our brand-new Cycle to Work Scheme is now open. We’re really excited to introduce you to Cycle Solutions, our all-new cycle to work provider!

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How do you qualify for the cycle to work scheme?

The cycle to work scheme is a salary sacrifice arrangement, to partake in the scheme you must:

Be 16 or over.
Earn at least minimum wage after the salary sacrifice has been taken from your pay.
Be paid and taxed via Pay As You Earn (PAYE) system.

What companies are in the cycle to work scheme?

Brands

Trek. Save money and spread the cost on Trek bikes.
Specialized. Save money and spread the cost on Specialized bikes.
Giant. Save money and spread the cost on Giant bikes.
CUBE. Save money and spread the cost on Cube bikes.
Cannondale. Save money and spread the cost on Cannondale bikes.
Canyon.
Ribble.
Brompton.

How do I get a cycle to work voucher?

How to apply for Cyclescheme

Visit your local participating bicycle shop to choose your equipment and obtain a written quote.
Go to the Cyclescheme website and request your Cyclescheme certificate.
Await the arrival of the e-voucher from Cyclescheme (this can take up to three weeks)

Is the bike to work scheme worth it?

The Cycle to Work scheme also allows you to buy accessories alongside the bike and this is definitely something you should take advantage of. In fact, we reckon it is worth using the scheme to buy two bike locks, a good set of lights, a helmet and some high-quality bibshorts.

Does Tesco have a cycle to work scheme?

Tesco is changing their Cycle To Work Scheme supplier to Reward Gateway. If you are looking to get a new bike we are launching a new scheme through the Colleague Deals&Discounts page and will share more information on Our Tesco in late February.

Does NHS do cycle to work scheme?

How do I apply for the Cycle to Work Scheme? Ask your NHS hospital’s HR department for their personal link to the Cycle to Work Scheme. The website will then provide you with the local bike shop that is part of your scheme.

How much do you get off with cycle to work scheme?

Since your monthly payments on your bike reduce your gross salary, you’ll save the tax and National Insurance contributions you’d pay on that chunk of your pay packet over the term of the Cycle to Work agreement. So, for a basic rate taxpayer, that will amount to 32 per cent of the purchase price.

What happens if I leave my job cycle to work?

The hire agreement would end with the employee leaving the company and the employee would pay no more money towards the bike or equipment. Far more likely, though, is that both the employer and the employee would still like to see ownership of the bike or equipment transferred to the employee.

How much do you pay at the end of cycle to work?

At the end of the hire period, Bike to Work Ltd will contact employees to discuss the options available. The most attractive option for employees will be to pay a small, refundable deposit (3% or 7% of the equipment value*) and continue to use the bicycle for an extended period of up to 36 months.

Does Tesco pay sick?

At 6 months service, you are entitled to 1 weeks paid sickness, then it rises by a week for every year you stay with the company, up to a maximum of 16 weeks. This is the current Tesco company sick pay policy.

Is the University of Bristol’s cycle to work scheme open?

University of Bristol Cycle to Work Scheme Frequently Asked Questions Update May 2021: The University’s new Cycle to Work scheme is open, delivered by Cycle2Work (Halfords). Please visit our main Cycle to Work pagefor full information. The University’s previous Cycle to Work scheme delvered by Cycle Solutions is now closed for new applications.

What are the changes to the cycle to work scheme?

We listened to your feedback from our previous Cycle to Work Scheme and made the change to Cycle Solutions to provide you with a better experience, whilst helping reduce to CO2 emissions. We’ve increased the limit from £1,000 to £2,500* on bikes and accessories so that you have more flexibility and choice.

What’s new at cycle solutions?

We’re really excited to introduce you to Cycle Solutions, our all-new cycle to work provider! We listened to your feedback from our previous Cycle to Work Scheme and made the change to Cycle Solutions to provide you with a better experience, whilst helping reduce to CO2 emissions.

How much can you save with the cycle to work scheme?

Save up to £138 on every employee that signs up to the Cycle to Work scheme. PLUS your employees can save up to £420 on the cost of a brand new bike and accessories. The Cycle to Work benefit, offered in conjunction with Halfords, allows your employees to make savings on a brand new bike and accessories.