ANNOUNCEMENT : ALL OF ROYAL MAIL'S EMPLOYMENT POLICIES (AGREEMENTS) AT A GLANCE (Updated 2021)... HERE
ANNOUNCEMENT : PLEASE BE AWARE WE ARE NOT ON FACEBOOK AT ALL!
CYCLE TO WORK
-
Puppetmaster
- Posts: 440
- Joined: 03 Oct 2008, 19:56
- Gender: Male
CYCLE TO WORK
Where can I find out about the cycle to work schme ?
Thanks for the help.
Thanks for the help.
-
AnotherLimey
- Posts: 751
- Joined: 08 Aug 2009, 18:45
- Gender: Male
Re: CYCLE TO WORK
Would like to know too seeing there is a sale on at Halfords at the momentPuppetmaster wrote:Where can I find out about the cycle to work schme ?
Thanks for the help.
-
Big Daz
- Posts: 5668
- Joined: 17 Apr 2007, 20:27
- Gender: Male
Re: CYCLE TO WORK
http://www.cycle2work.net" onclick="window.open(this.href);return false;
user name is rmguser
password is rmgbenefit
user name is rmguser
password is rmgbenefit
-
Big Daz
- Posts: 5668
- Joined: 17 Apr 2007, 20:27
- Gender: Male
Re: CYCLE TO WORK
Scheme closes today for 1 month get in quick!!!!
-
cyclemech1
- EX ROYAL MAIL
- Posts: 334
- Joined: 20 Jul 2009, 20:46
- Gender: Male
Re: CYCLE TO WORK
I'm in a FREE Cycle to Work scheme!
I use my RM bike!!
I use my RM bike!!
-
OnAFlyer
- Posts: 1938
- Joined: 16 Aug 2009, 14:24
- Gender: Male
Re: CYCLE TO WORK
Halfords sale is only the cheap Apollo bikes, i've been saving my LOC for ages waiting for the sale and none of the good bikes are in it!AnotherLimey wrote:Would like to know too seeing there is a sale on at Halfords at the momentPuppetmaster wrote:Where can I find out about the cycle to work schme ?
Thanks for the help.
-
ziggy
- Posts: 114
- Joined: 10 Jul 2007, 14:26
- Gender: Male
- Location: Back o Beyond
Re: CYCLE TO WORK
just been having a look at the FAQs on the cycle to work page and found this :-
Will my salary automatically rise at the end of the hire period?
This is between you and Royal Mail Group, as by opting for a salary sacrifice you are giving up your contractual right to future cash remuneration. In order to qualify for the tax-benefits of Cycle2Work, you're technically agreeing to a salary reduction rather than a deduction, although in practice this distinction is not normally worth worrying about.
So has anyone finished paying for their bike and did their pay go back to normal at the end
Will my salary automatically rise at the end of the hire period?
This is between you and Royal Mail Group, as by opting for a salary sacrifice you are giving up your contractual right to future cash remuneration. In order to qualify for the tax-benefits of Cycle2Work, you're technically agreeing to a salary reduction rather than a deduction, although in practice this distinction is not normally worth worrying about.
So has anyone finished paying for their bike and did their pay go back to normal at the end
Ziggy
-
OnAFlyer
- Posts: 1938
- Joined: 16 Aug 2009, 14:24
- Gender: Male
Re: CYCLE TO WORK
Had one a couple of years ago, and yes it did.ziggy wrote:So has anyone finished paying for their bike and did their pay go back to normal at the end
-
Big Daz
- Posts: 5668
- Joined: 17 Apr 2007, 20:27
- Gender: Male
Re: CYCLE TO WORK
Yes, pay goes back to normal.
That will be stated in the contractual small print.
That will be stated in the contractual small print.
-
TrueBlueTerrier
- FORUM ADMINISTRATOR
- Posts: 72713
- Joined: 30 Dec 2006, 10:29
- Gender: Male
- Location: On my couch
Re: CYCLE TO WORK
This is for Royal Mail employees only and checks are made and deductions are straight from pay AFAIK. So non RM employees should NOT use this code - You will be caught.
All post by me in Green are Admin Posts.
Any post in any other colour is my own responsibility.
If you like a news story I posted please click the link to show support Any news stories you can't post - PM me with a link
My sharing of news articles should not be interpreted as an endorsement or condemnation of any particular viewpoint or the issues presented. I share them solely for informational purposes.
Any post in any other colour is my own responsibility.
If you like a news story I posted please click the link to show support Any news stories you can't post - PM me with a link
My sharing of news articles should not be interpreted as an endorsement or condemnation of any particular viewpoint or the issues presented. I share them solely for informational purposes.
-
Big Daz
- Posts: 5668
- Joined: 17 Apr 2007, 20:27
- Gender: Male
Re: CYCLE TO WORK
Below is a list of the full range of bikes that can be sourced through Halfords stores.
Apollo http://www.halfords.com" onclick="window.open(this.href);return false;
Boardman http://www.boardmanbikes.com" onclick="window.open(this.href);return false;
Carrera http://www.halfords.com" onclick="window.open(this.href);return false;
Cinelli http://www.cinelli.it" onclick="window.open(this.href);return false;
Dahon http://www.dahon.co.uk" onclick="window.open(this.href);return false;
Dawes http://www.dawescycles.com" onclick="window.open(this.href);return false;
DiamondBack http://www.diamondback.co.uk" onclick="window.open(this.href);return false;
DMR http://www.dmrbikes.com" onclick="window.open(this.href);return false;
Electra http://www.electrabikes.com" onclick="window.open(this.href);return false;
GT (Halfords Exclusive Range) http://www.halfords.com" onclick="window.open(this.href);return false;
Identiti http://www.identitibikes.com" onclick="window.open(this.href);return false;
Kinesis http://www.kinesisbikes.co.uk" onclick="window.open(this.href);return false;
Kona http://www.konaworld.com" onclick="window.open(this.href);return false;
Land Rover http://www.2x2worldwide.com" onclick="window.open(this.href);return false;
Merida www2.merida-bikes.com
Moulton http://www.moultonbicycles.co.uk" onclick="window.open(this.href);return false;
NS Bikes http://www.ns-bikes.com" onclick="window.open(this.href);return false;
Pashley http://www.pashley.co.uk" onclick="window.open(this.href);return false;
Raleigh http://www.raleigh.co.uk" onclick="window.open(this.href);return false;
Real Classic http://www.halfords.com" onclick="window.open(this.href);return false;
Rocky Mountain http://www.bikes.com" onclick="window.open(this.href);return false;
Salsa http://www.salsacycles.com" onclick="window.open(this.href);return false;
Surly http://www.surleybikes.com" onclick="window.open(this.href);return false;
Trax http://www.halfords.com" onclick="window.open(this.href);return false;
Viper http://www.viper-bikes.com" onclick="window.open(this.href);return false;
Voodoo(Halfords Exclusive Range) http://www.halfords.com" onclick="window.open(this.href);return false;
Apollo http://www.halfords.com" onclick="window.open(this.href);return false;
Boardman http://www.boardmanbikes.com" onclick="window.open(this.href);return false;
Carrera http://www.halfords.com" onclick="window.open(this.href);return false;
Cinelli http://www.cinelli.it" onclick="window.open(this.href);return false;
Dahon http://www.dahon.co.uk" onclick="window.open(this.href);return false;
Dawes http://www.dawescycles.com" onclick="window.open(this.href);return false;
DiamondBack http://www.diamondback.co.uk" onclick="window.open(this.href);return false;
DMR http://www.dmrbikes.com" onclick="window.open(this.href);return false;
Electra http://www.electrabikes.com" onclick="window.open(this.href);return false;
GT (Halfords Exclusive Range) http://www.halfords.com" onclick="window.open(this.href);return false;
Identiti http://www.identitibikes.com" onclick="window.open(this.href);return false;
Kinesis http://www.kinesisbikes.co.uk" onclick="window.open(this.href);return false;
Kona http://www.konaworld.com" onclick="window.open(this.href);return false;
Land Rover http://www.2x2worldwide.com" onclick="window.open(this.href);return false;
Merida www2.merida-bikes.com
Moulton http://www.moultonbicycles.co.uk" onclick="window.open(this.href);return false;
NS Bikes http://www.ns-bikes.com" onclick="window.open(this.href);return false;
Pashley http://www.pashley.co.uk" onclick="window.open(this.href);return false;
Raleigh http://www.raleigh.co.uk" onclick="window.open(this.href);return false;
Real Classic http://www.halfords.com" onclick="window.open(this.href);return false;
Rocky Mountain http://www.bikes.com" onclick="window.open(this.href);return false;
Salsa http://www.salsacycles.com" onclick="window.open(this.href);return false;
Surly http://www.surleybikes.com" onclick="window.open(this.href);return false;
Trax http://www.halfords.com" onclick="window.open(this.href);return false;
Viper http://www.viper-bikes.com" onclick="window.open(this.href);return false;
Voodoo(Halfords Exclusive Range) http://www.halfords.com" onclick="window.open(this.href);return false;
-
A2B
- Posts: 2019
- Joined: 25 Feb 2009, 19:34
- Gender: Male
Re: CYCLE TO WORK
I was also supplied with that list by the helpful Cycle2Work team but i would like to point out that the list is not definitive and some of the manufacturers listed do not supply bikes under £500 which is the limit Royal Mail have set. I used the scheme two years ago and wanted a Felt bike who are not on the list, i phoned the team and they were able to source one for me so if you see a bike not on the list phone them and they may be able to help.
I think the scheme is good but there are few annoying things. The £500 limit set by Royal Mail is too low for keen cyclists (yes i know lots would never dream of spending that much) and Royal Mail's scheme will not let you top it up with your own money. Not sure how long the scheme has been running but bike prices have increased, (the bike i bought two years back has increased by £80) but the scheme has not been adjusted accordingly.
The scheme vouchers go up in £25 increments and the process of getting the voucher takes a while which can result in you losing out. See a bike for £199 and order a voucher for £200, while waiting for the voucher the price drops to £170, your only options are to return the voucher and reapply for a £175 voucher or use the remaining £25 on accessories which you already get 10% of the value of your voucher free anyway. The last bike i looked at on the Halfords website changed prices four times in three months!
I can see why Royal Mail would choose Halfords to run their scheme but it is annoying to see other schemes offering better deals
I wonder if the scheme is having an overhaul while it's offline? I bought my current bike second hand because in my opinion it was better value but if there were a few adjustments i'd definitely use it again.
Oh and to answer a previous poster i received a letter from Royal Mail a couple of weeks before my last payment telling me my final payment date and my wage deductions stopped on the correct date.
I think the scheme is good but there are few annoying things. The £500 limit set by Royal Mail is too low for keen cyclists (yes i know lots would never dream of spending that much) and Royal Mail's scheme will not let you top it up with your own money. Not sure how long the scheme has been running but bike prices have increased, (the bike i bought two years back has increased by £80) but the scheme has not been adjusted accordingly.
The scheme vouchers go up in £25 increments and the process of getting the voucher takes a while which can result in you losing out. See a bike for £199 and order a voucher for £200, while waiting for the voucher the price drops to £170, your only options are to return the voucher and reapply for a £175 voucher or use the remaining £25 on accessories which you already get 10% of the value of your voucher free anyway. The last bike i looked at on the Halfords website changed prices four times in three months!
I can see why Royal Mail would choose Halfords to run their scheme but it is annoying to see other schemes offering better deals
I wonder if the scheme is having an overhaul while it's offline? I bought my current bike second hand because in my opinion it was better value but if there were a few adjustments i'd definitely use it again.
Oh and to answer a previous poster i received a letter from Royal Mail a couple of weeks before my last payment telling me my final payment date and my wage deductions stopped on the correct date.