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colintrav
Joined: 18 Oct 2009
Posts: 218
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 Posted Thu Nov 5, 2009 1:08 am |
Today I was left feeling rather pissed off was looking forward to getting myself a new ride through my Company I work for through the Ride2work scheme ,
Only to be told this afternoon it's not available till next spring ,, And am like WTF ..
Not impressed in the Slightest
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Hercule Q
Joined: 02 Jun 2009
Posts: 1772
Location: On the floor by the bar
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colintrav
Joined: 18 Oct 2009
Posts: 218
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Posted Thu Nov 5, 2009 1:58 am |
Oh the sarcasm lol
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Hercule Q
Joined: 02 Jun 2009
Posts: 1772
Location: On the floor by the bar
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rake
Joined: 12 Oct 2009
Posts: 195
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Posted Thu Nov 5, 2009 8:21 am |
yes.
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junglist_matty
Joined: 04 Mar 2009
Posts: 437
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Posted Thu Nov 5, 2009 8:26 am |
My company offered the Bike to work scheme for about 4 weeks, it closed around march/april time and won't be open again till next march. Think that most companies do similar windows of opportunities to get one through the scheme.
2008 NS Surge Custom build
2008 Kona Dawg Supreme |
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bails87
Joined: 12 Mar 2009
Posts: 696
Location: Solihull, United Kingdom
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Posted Thu Nov 5, 2009 9:44 am |
Unlucky, but it's nothing to do with the Gov't, just your company choosing when to offer the scheme. It's probably easier to deal with everything in a few weeks, than have orders coming through in dribs and drabs all year round.
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The Beginner
Joined: 30 Apr 2009
Posts: 470
Location: Leamington Spa
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Posted Thu Nov 5, 2009 9:46 am |
As said it will be your company not the gov't...
And strictly its Cycle2Work scheme....
Simon
FCN9 using a home built hybrid (believed to be a Carrera touring frame) also building an MTB from a Kraken frame. |
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Kanya
Joined: 08 Oct 2009
Posts: 29
Location: Edinburgh
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Posted Thu Nov 5, 2009 10:40 am |
Hi, I work for a company who do the flexible benefits offered to companies such as the one you work for.
The Cycle2Work scheme is an Annual enrolment only. At renewal, eg January, the "window" opens, and staff are allowed to make their selections, one of them being bikes. Some benefits, such as childcare vouchers can be changed at any point mid year, however bikes are only allowed to be selected at this renewal window of around 4 weeks.
Same goes for new joiners who start at their company, they would have to wait until this window reopens in January for example.
So when your company tells you that you can't select the Cycle2Work scheme they offer - it's purely because this is an annual selection benefit - you WILL get the option to take this benefit when the scheme renews. The reason the bikes are on this basis is due to the amount of admin involved, especially with Halfords. It is better for us to process 1000 forms in one go than 1 every other day on an ad hoc basis as Letters of Collection are involved etc.
So hold out until Spring mate  it sucks but thats the way it works for every company and has nowt to to with the government pulling the scheme.
That said...Labour are intending to pull Childcare vouchers and are discussing pulling the tax relief on bike schemes in the future. So a heads up, defo select that bike as soon as you are able to.
Boardman Pro '09 HT MTB |
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Daz555
Joined: 11 Aug 2008
Posts: 1272
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Posted Thu Nov 5, 2009 10:50 am |
My company's scheme is running as normal - runs from Jan each year.
You only need two tools: WD40 and Duck Tape.
If it doesn't move and should, use the WD40.
If it shouldn't move and does, use the tape. |
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colintrav
Joined: 18 Oct 2009
Posts: 218
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Posted Fri Nov 6, 2009 2:38 am |
| Daz555 wrote: | | My company's scheme is running as normal - runs from Jan each year. |
That is how it should be done ...
And I was the only person that actually enquired about this scheme ,
Am better off going to the bike shop on my next day off and get one there n then Am no waiting till next April I've no patience to wait that long .. ..
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Kanya
Joined: 08 Oct 2009
Posts: 29
Location: Edinburgh
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Posted Fri Nov 6, 2009 9:41 am |
| colintrav wrote: | | Daz555 wrote: | | My company's scheme is running as normal - runs from Jan each year. |
That is how it should be done ...
And I was the only person that actually enquired about this scheme ,
Am better off going to the bike shop on my next day off and get one there n then Am no waiting till next April I've no patience to wait that long .. .. |
When he says "running as normal - runs from Jan" he meant his "window" opens in January and probably closes end of Jan. You usually get the voucher about 3 weeks later.
If I were you...I'd get some patience. You can buy the bike on your next day off sure. However think of the tax saving. eg I got a Boardman Pro HT 09 for £999. Total cost to me = £705. If I were to sell the bike at the end of the term, the depreciation is less than if I bought it for full RRP.
Up to you though mate, it's winter now - if you are just getting into biking I'd hold off til April or if you are deadset on cycling...get a cheap run about until then and flog that in April.
It doesn't matter what company you work for when they offer these cycle to work schems - all are annual enrolment only, no mid year joiners to the benefit. It sucks but it's always been that way unfortunately.
Boardman Pro '09 HT MTB |
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Steve_b77
Joined: 20 Sep 2007
Posts: 1233
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Posted Fri Nov 6, 2009 9:55 am |
It's at the disgression on the company AFAIK.
Mine run it in April time, but have the option to run an additional scheme in October/November, which they haven't taken up this year.
There's nothing like independant brand frames, yey! |
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Monkeypump
Joined: 03 Aug 2009
Posts: 245
Location: Most likely behind the rest of you...
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Posted Fri Nov 6, 2009 10:19 am |
It is at the discretion of the company - fortunately, mine runs it twice a year.
OP - if you can drum up enough demand, it might be worth asking them to run a second enrolment window. Worth asking, at least...
It is a bit of a pain in the backside for whoever has to administer the scheme (i.e. HR person), so it's not surprising that companies offer limited times for employees to take advantage of it.
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Kanya
Joined: 08 Oct 2009
Posts: 29
Location: Edinburgh
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