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Wilts Goes Green With New Cycle to Work Scheme

Posted: 23 September 2010
Wilts, the UK’s largest independent electrical wholesaler, has signed up to the Government’s new cycle to work initiative, Cyclescheme. Cyclescheme is the UK’s number one provider of tax-free bikes where employees can make big savings when purchasing new bikes.

According to National Statistics, 72% of households have access to a car and the average number of cars per household has increased by 11% since 1991. The increased consumption of fossil fuel and high emissions of toxic gases into the atmosphere has meant that action needs to be taken, and Wilts has decided to do just that.

The new scheme allows Wilts staff to buy a bicycle and safety equipment over a fixed period with the monthly payments being deducted from their salary, as well as saving money on Tax and National Insurance.

The scheme complements the successful introduction of a bike shelter and designated shower area created for cyclists last year.

Wilts’ HR Director Ruth Ovens comments, “Promoting cycling to work is all very well, but with the Cyclescheme initiative, it’s suddenly a viable option for a lot more people. As a local business many of our employees live in the area, so we’re hoping that this cost-effective scheme will encourage even more staff to cycle to work.”
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