Bupa is encouraging employees to buy new bikes via a scheme run by Grass Roots. All 6,000 of their staff have been given the opportunity to purchase bikes at a discount of between 31% and 41%. The salary sacrifice scheme means that the staff members can pay off a bike valued at between £250 and £1,000 over the course of the year. In return they receive tax benefits lowering the cost of the bike. And of course, they save on petrol and fares, and get healthier.
Private health insurance: News update: 26/09/2009