COMMUTING SAVER
Employees from Irish SMEs can purchase three types of bikes and safety equipment ranging between the value of €1,250 and €3,000 tax-free with Cyclescheme, writes Eimear Redmond, (left) Manager, Field Sales, at One4all Rewards.
As the cost-of-living crisis endures, finding ways of saving money and looking after one’s wellbeing is key for employees. Workplaces are continuously trying to improve employee health and wellbeing and introducing the Cyclescheme benefit for your staff is a simple, effective way of contributing to that. Opting to cycle creates saving and health benefits, and if you need to buy a new bike One4all Rewards Cyclescheme is a no-brainer, and provides options ranging from traditional bikes, e-bikes and cargo bikes. Here are ten reasons to join:
Save money Travelling to work by car or public transport can be costly. A traditional bike with associated equipment can be purchased for up to €1,250 free of any tax, PRSI, or USC, while an e-bike can be purchased for €1,500. There is even a bigger saving for cargo bikes, with purchases of up to €3,000 tax-free via Cyclescheme.
Boost your fitness Cycling to work will improve your fitness levels. Exercise and fitness are crucial for a balanced lifestyle. For those taking on a new exercise regime for the first time, it can be daunting. Cycling is a proven ‘low impact’ exercise on the body but is highly effective in the results of fat loss, increased fitness and increased energy levels.
Enjoy yourself As well as the increase of endorphins from exercise, commuting on a bike is more enjoyable than sitting in traffic. Getting some fresh air, whizzing past traffic jams and admiring scenic routes is positive for your mind and body.
Nurture your wellbeing There has been a spotlight on employees’ wellbeing recently. People often complain about stress and ‘switching off ’ from work. Cycling to and from work is a perfect way to occupy the mind away from overthinking about work-related tasks and decompressing in time before you come home.
Transport goods You may think a car is the best way to transport heavy items to work. However, a cargo bike also enables you to transport heavy or many items. It’s a humanpowered
vehicle designed and constructed specifically for transporting goods.
Go green Climate change is a critical issue and vehicular transport is responsible for over 30% of greenhouse gas emissions in Ireland. Switching to an e-bike is a top ecofriendly commuting alternative, as their batteries can be recharged with renewable energy.
Cycle easily You may think cycling will mean a longer journey. However, the capabilities of e-bikes have improved due to advancements in technology. E-bike batteries can manage longer distances, so it’s a good commuting option to work.
Keep a suitable pace An e-bike caters for all abilities, so you can ride at an impressive speed, regardless of the weather or terrain conditions. It’s also a terrific way to get involved with group cycling.
Make your own schedule Commuters usually deal with transport delays. Commuting by bike enables you to set off during a time that works for you. Avoid public transport or roadwork delays – or queuing in a petrol station.
Options galore There is an enormous range of bikes available, with models for all abilities to styles for all tastes. Signing up to Cyclescheme allows you to purchase your bike and equipment from over 300 bike stores.
For more information, email rewards@one4all.ie