There are still many salary sacrifice options for employers to take advantage of today, and one solution to consider is the bike to work scheme. Discover more about what you can gain from bike to work schemes.
1. Improve attendance – One of the great benefits associated with employee benefits like this is that you’re bound to see your attendance rates increase. This is because cycling to work will have a positive impact on a person’s physical health, as well as their emotional health, improving tolerance to stress, self-confidence, and wellbeing.
2. Boost productivity levels – All of the benefits mentioned above also result in improved productivity.
3. Save money – One of the main benefits is that you can save money. Businesses and organisations can save 13.8 per cent of the total value of salary sacrifice as a result of reduced NI contributions.
4. Boost branding – You will show your business in a positive light – a firm that cares about its employees and the environment too.
5. Environmental benefits – Bike to work schemes have a positive impact on the environment. By switching to cycling, someone who takes a four-mile journey every day will lower their yearly carbon footprint by six per cent.
Check Here: http://teamrewards.co.uk/bike-to-work-uk.html