Cycle to Work is a tax incentive aimed at encouraging employees to cycle to work, thereby reducing air pollution and improving their health. Employers benefit from fitter, more punctual, more wide-awake staff. Employees benefit from better health and better bikes because their money goes further.
The University of Birmingham implemented a salary sacrifice cycle purchase scheme on 4th December 2006 and so far (July 2012) over 670 staff have taken up the option to buy a cycle at a reduced rate. Details of the University scheme are available here.
We have saved a number of the articles that helped inform the debate and decision to go ahead with a scheme at Birmingham University.
Universities and Colleges that I have located who have also implemented salary sacrifice cycle purchase schemes or loans to purchase cycles.
A number of Universities and Colleges are instigating short term schemes for people to borrow a bicycle or have an interest from loan to buy a bicycle.
Schemes from Booost, Cyclescheme and Halfords.