The British Transport Police (BTP) has introduced a new cycle-to-work scheme for 5,000 employees.
The new benefit, provided by Green Commute Initiative, was implemented in April 2019 to offer employees a greater choice of bikes; traditionally, cycle-to-work schemes allow employees to select a bike up to the value of £1,000, but BTP have set a maximum order value of £3,000. This will enable staff to purchase a push bike, cargo bike or e-bike, depending on their preference.
Offered on a salary sacrifice basis, employees are able to make repayments on their bike purchase over a 24-month period. Green Commute Initiative estimates that employees could save 32% on the cost of bike purchase, compared to buying a bike on the high street.
The scheme will be available to employees via the BTP benefits platform, Choices. Provided by Protosun Benefits and Capita Employee Solutions, the platform is specifically designed for the public sector and includes benefits such as a home technology salary sacrifice scheme, health and gym memberships, retail offers and personal finance support.
The benefit will be communicated to employees using monthly newsletters, and a roadshow has been planned for June 2019.
Ian Cordwell (pictured), director at Protosun Benefits, said: “I am delighted that the product offering on the Choices platform has been expanded to include Green Commute Initiative. Those employees wanting to get more expensive bikes can now do so through the scheme. British Transport Police will be the first to benefit from the change and I’m sure [its] staff will be excited by Green Commute Initiative’s excellent scheme.”