Does Asda do the cycle to work scheme?

The cycle to work scheme is available to all Asda colleagues, regardless of the level of your pay. If your base rate of pay is NLW and your request has been declined, you will have the option to reapply on the Asda NET scheme.

What bike can I get on the cycle to work scheme?

With the scheme you can get any adult bike plus a wide range of cycling safety accessories. If you already own a bike, you can also apply for just accessories!

What happens after 12 months on cycle to work scheme?

Return – Return the package to Cyclescheme at your own cost and pay no ownership fee. Cyclescheme will contact you with your ownership options at the end of your Hire Period. This is usually 12 months from the point you received your Certificate used to collect your bike.

Is the cycle to work scheme still available?

Cyclescheme is still open for business. Companies signed up to Cyclescheme can thus continue to make cycling even more accessible to their staff. As usual, your employees will save 25-39% of RRP and they’ll be able to spread the cost. Alternatively, it can be validated for use at another store by Cyclescheme.

How much staff discount do you get at Asda?

However, according to a staff survey this summer, the most valued benefit among staff is the 10% discount offered to all employees on all food and generalist goods sold in Asda stores. As with the company’s external message “Saving you money every day”, its reward package is designed to help employees’ pay go further.

Does the cycle to work scheme cost the employer anything?

Does the scheme cost anything for an Employer to implement? The scheme is free of charge to set up and costs nothing to run. The Employer makes the initial purchase and then leases the bike/equipment to the Employee via a salary sacrifice, until the full amount is recovered.

Does the bike to work scheme cost the employer?

How long do cycle to work vouchers last?

Cyclescheme Certificates do not expire – as such you do not necessarily have to rush to redeem your Certificate straightaway. Although your Certificate will not expire, it is very likely that your salary sacrifice will start shortly after your application is approved or your eCertificate arrives in your inbox.

How much do you pay at the end of cycle to work?

Own it now – you pay either 18 or 25% of the bike’s value (18% if the bike was initially under £500 and 25% if it was initially over £500).

Is the Cyclescheme worth it?

The savings aren’t worth it Nope: you’ll save more with Cyclescheme. You don’t pay income tax or national insurance on the bike as its cost is deduced from your gross salary, saving you 32% (standard rate taxpayers) or 42% (higher rate taxpayers).

What breaks do you get at Asda?

The Working Time Regulations confirm that employees are entitled to a 20-minute uninterrupted break when they work for more than six hours. The break should be in working time and should not be taken at the start or end of every day.

How many employees does Asda have with cyclescheme?

Asda, said to be the world’s largest retailer, has appointed Cyclescheme to provide its 165,000 employees with tax-free bicycles. Asda’s 400 stores and depot staff have now been invited to take advantage of the scheme via the 1,300 independent retailers who work with Cyclescheme.

How to apply for cycle to work at Asda?

The cycle to work scheme is available to all Asda colleagues, regardless of the level of your pay. Please keep in mind that the process to receiving your Certificate can take up to 6 weeks For more information please contact Cyclescheme on 0344 879 5101 or [email protected]

How to apply for cycle to work scheme?

For more information please contact Cyclescheme on 0344 879 5101 or [email protected] If your base rate of pay is NLW and your request has been declined, you will have the option to reapply on the Asda NET scheme.

How many Asda stores are there in the UK?

Over 178,000 dedicated Asda colleagues work in more than 573 stores, 29 depots, 9 recycling centres, George House and Asda House. Over 19 million shoppers visit our stores weekly. Asda voted Britain’s Best Priced Supermarket for the 16thyear running and Supermarket of the Year for the 3rdyear running in 2013. NYSE: WMT 8