This may seem like an odd question – surely the benefits of employee development are plain to see? More highly skilled staff help companies to perform better and more productively, improving the bottom line as a result.  But there’s more to employee development than just a company’s accounts.

It may go without saying, but employee benefits don’t just benefit employees. Indeed, there are a lot of advantages to employers offering employee benefits too. Fundamentally, as you might expect, these all boil down to a company’s bottom line.

The vast majority of employers provide their employees with a benefits package in one form or other, with the likes of annual leave, pensions and public transport season ticket loans among the most popular perks offered. Although few employees will give much thought to it – because it’s not necessarily that pertinent – benefits can be split into one of three categories.

There are lots of benefits to employers of joining a cycle to work scheme, like improved workforce health, morale and productivity, savings on Secondary Class 1 National Insurance contributions and reduced need for car-parking infrastructure. For many companies, though, it may not be clear how to set up a cycle to work scheme.

The vast majority of employers provide their employees with a benefits package in one form or other, with the likes of annual leave, pensions and public transport season ticket loans among the most popular perks offered. Although few employees will give much thought to it – because it’s not necessarily that pertinent – benefits can be split into one of three categories.

We didn’t become one of the leading providers of the UK’s cycle to work scheme without getting to know the scheme inside out. Although the basics of it are pretty straightforward, there are some things that are easily overlooked, or that may not be apparent without a little extra thought. With that in mind, here are some of our in-the-know cycle to work scheme tips for your benefit! Don’t say we never give you anything…

This may seem like an odd question – surely the benefits of employee development are plain to see? More highly skilled staff help companies to perform better and more productively, improving the bottom line as a result.  But there’s more to employee development than just a company’s accounts.

One of the main advantages of the cycle to work scheme is that employees do not have to spend a big chunk of money in one go to get a bike or cycling equipment. When an employer buys a bike or cycling equipment via the scheme, it is typically for an employee who has identified what they want in a local bike shop and submitted a quote that the shop has provided.

As we’ve touched on previously, workforces that are highly engaged – those that feel connected to and invested in a company – deliver greater productivity, are more innovate and retain staff for longer. Among the ways to improve employee engagement is to offer recognition for good performance.