Adelphi Enters Cycle2Work Scheme

September 18, 2018

Adelphi are delighted to announce their participation in the Cycle2Work scheme with Halfords.

The scheme has great potential health benefits for our employees, as well as being a greener commuting alternative:

1. Cost Savings: The scheme allows employees to purchase a new bicycle and necessary cycling equipment at a discounted price, leading to significant cost savings.
2. Health and Well-being: Cycling promotes physical activity, contributing to improved fitness and overall well-being. Employees can incorporate exercise into their daily routine, fostering a healthier lifestyle.
3. Environmental Impact: Choosing cycling over other modes of transportation reduces carbon emissions and helps contribute to a more sustainable and environmentally friendly commute.
4. Financial Flexibility: The cost of the bike and equipment is spread over a fixed period through salary sacrifice, making it more financially manageable for employees.
5. Product Choice: Partnering with Halfords often provides a wide range of bicycles and accessories, giving employees the flexibility to choose products that best suit their needs and preferences.
6. Commute Efficiency: Cycling can be a time-efficient mode of commuting, especially for short to moderate distances, potentially reducing commute times and avoiding traffic congestion.
7. Employee Engagement: Offering the Cycle2Work scheme demonstrates an employer’s commitment to employee well-being and environmental responsibility, contributing to higher employee morale and engagement.
8. Tax Savings: Through salary sacrifice, employees can realize tax savings, as the cost of the bike and equipment is deducted from their gross salary, reducing their taxable income.
9. Promotion of Sustainable Travel: Encouraging cycling aligns with broader initiatives to promote sustainable and eco-friendly modes of transportation, contributing to a more environmentally conscious workplace.
10. Reduced Parking Demand: More employees cycling to work may alleviate parking demand at the workplace, providing a practical solution for companies with limited parking space.

Overall, the Cycle2Work scheme with Halfords not only supports employees in adopting a healthier and more sustainable lifestyle but also aligns with broader corporate social responsibility and environmental sustainability goals.

Cycle2Work is a government initiative introduced in 1999, to encourage cycling as a means of transport to work. All public, private and third sector employers can run this scheme, and all employees in an organisation can hire bicycles and safety equipment through the scheme.

With Cycle2Work, employees can save at least 32% on the cost of a new bike and accessories, if they are used primarily for commuting.

To find out more about the scheme, click here.

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