Edenred Employee Benefits - Cycle2Work Scheme

Tender description

Edenred offers UKNNL employees discounts across a large range of products and services. Edenred provide UKNNL's cycle to work scheme in line with the Government initiative. Cyclescheme is an employee benefit that saves employees 25-39% on a bike and accessories. Cyclescheme provide a platform for employees to use local independent bike shops to larger retailers to purchase a bike. The scheme acts as a salary sacrifice meaning the cost of the bike is spread across 12 months via payroll deductions. Employees agree to give up part of their pre-tax salary in exchange for a benefit from their employer, in this case, the hire of a bike. Lot 1: Edenred offers UKNNL employees discounts across a large range of products and services. Edenred provide UKNNL's cycle to work scheme in line with the Government initiative. Cyclescheme is an employee benefit that saves employees 25-39% on a bike and accessories. Cyclescheme provide a platform for employees to use local independent bike shops to larger retailers to purchase a bike. The scheme acts as a salary sacrifice meaning the cost of the bike is spread across 12 months via payroll deductions. Employees agree to give up part of their pre-tax salary in exchange for a benefit from their employer, in this case, the hire of a bike.