To have a successful Cycle to Work Scheme, it’s important to have a realistic spend limit and the start of a new year is a great opportunity to review how your organisation’s scheme is set-up.
Before Green Commute Initiative entered the Cycle to Work market in 2016, most schemes were limited to £1,000. However, GCI’s unique model showed that it’s possible to have a scheme with no spend restrictions (and no fees!) and thousands of employers have taken advantage of GCI’s no limits model. Unfortunately, many employers are still under the impression that the limit remains or simply continue with an older scheme model because “that’s how we’ve always done it”. It’s time to update this mindset.
The key to the success of any scheme is to ensure it encourages employees from all demographics to take part. Therefore, your scheme needs a spend limit which encompasses all types of bicycles for all types of users. If you don’t limit choices, your scheme will be more successful.