We encourage our staff to live healthy lifestyles and as part of this UCLH has signed up with Vivup for our cycle to work scheme. This scheme allows staff to lease/loan bikes, cycling gear and safety equipment for journeys to and from the workplace and saves 20 to 40% on the cost of a new bike, cycling gear or safety equipment.
As a member of staff, you can lease a bike plus safety equipment up to the value of £5,000 as long as:
- you are employed by UCLH and over the age of 18 years
- your employment contract exceeds the 2- to 12-month lease period
- your wages do not fall below the minimum wage after salary deductions.
We lease the bike on your behalf and lease it back to you through a monthly salary sacrifice scheme, deducted from your gross pay.
Once the lease period is complete, a one-off charge known as disposal fee, which is 10% of the cost of the bike, cycling gear or safety equipment (plus 20%VAT) is deducted from your net pay and this transfers the ownership of the bike to you.