Green Commute Initiative
*UK customers only*
Green Commute Initiative is leading the industry with its cycle-to-work scheme with no limits. GCI scheme participants benefit from no £1,000 spending cap and no scheme exit fees. Save up to 47%, depending on your tax bracket. Pay monthly through salary sacrifice with no added interest. Get an E-bike or conventional bike and help reduce congestion and pollution whilst improving your health, fitness and mental well being.
Calculate your savings HERE
A Step by step guide to gci
Employee expresses interest in scheme and speaks to their HR Dept to gain permission to get a quote.
Employee checks to see where the nearest registered bike shop is.
Employee chooses package, bike shop gives price.
Employee fills in the form on our instant GCI quote page
Performa is generated and the employee takes it to employer to be paid.
Salary sacrifice agreement and hire agreement are emailed to the employee to be e-signed. GCI then pays the bike shop via a self-invoice.
Voucher is e-mailed to the employee so they can collect their bike. (Photo ID Required).
GCI e-mails a copy of the salary sacrifice agreement to the employer and if applicable, an invoice paid with instructions on how to handle the VAT element.
Employee’s salary is reduced through salary sacrifice for agreed period of time.
10. After the hire agreement period ends, GCI invites the employee to enter into a free of charge loan of the bike for a further five years and nine months.
11. After loan period ends, the employee makes nominal £1 payment to take title ownership of bike. Bike has no market value at this point.