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Subject Topic: Cycle2Work Scheme
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08/7/2010 at 1:39pm
 Location: Northeast England
 Outfit: Autosleeper Symphony Motorhome
View Minniesmum's Profile View Profile   Reply to Minniesmum Reply   Quote Minniesmum Quote  
Joined: 07/7/2010

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My company has the scheme. Its offered twice a year for a 3 week period each time. You choose a bike from a shop which is on the list of suppliers- most local bike shops are. You get a monthly deduction from your salary over 12 months- then you " buy" the bike from the company for one more slightly elevated payment. The total saving is 40-50 % of the retail cost of the bike. You cant lose really.

I considered it this time but decided against as I already have a folding bike which I hardly use.I stopped cycling 7 years ago when I got a dog as needed to get home  and did more walking.

Now that Im dogless ( she died in January) I hope to do a bit more cycling again.....

 



08/7/2010 at 10:35pm
 Location: Shropshire
 Outfit: None Entered
View Ronni54's Profile View Profile   Reply to Ronni54 Reply   Quote Ronni54 Quote  
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My employers run this scheme, although I am too old to want to join!  The final payback is usually around £10. (I work in payroll, hence I know the figures!) The only thing to be aware of is that, should you leave the company for any reason, you would have to pay back the outstanding balance.

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Ronni



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