Study reveals: Company bike leasing on the rise as a coveted corporate benefit in companies

March 20, 2024

1 min

The world of corporate benefits has changed significantly in recent years. In addition to traditional benefits such as health insurance and company pensions, sustainable mobility concepts are becoming increasingly important. A recent Statista study commissioned by Lease a Bike has now shed light on the popularity of company bike leasing as a corporate benefit in medium-sized companies.

The most important information at a glance

High Appeal: 87% of surveyed HR managers rate company bike leasing as an extremely attractive benefit for employees.
Broad Awareness: 70% of decision-makers are already familiar with the concept.
Positive Effects on Health, Satisfaction, and Retention: Respondents recognize that company bike leasing has significant positive impacts on both employees and the company.
Strategic Value: Company bike leasing directly supports key trends such as sustainability, health, and employee retention, and is valued by the vast majority of HR departments as an effective corporate tool.

Mobility concept on the rise

Attractive employee benefits

The study, which was conducted in January of this year, surveyed 300 German employers and employees from the industrial, service and retail sectors with decision-making authority in HR matters. It revealed that 87 percent of HR managers consider the concept of employee leasing to be extremely attractive. This figure illustrates the growing recognition of this mobility concept as a valuable additional benefit for employees.

Familiar concept

A notable aspect of the study was the fact that 70 percent of respondents were already familiar with the concept of company car leasing. However, 30 percent of decision-makers were learning about it for the first time through the survey, particularly in retail companies. Despite this, 9 out of 10 HR decision-makers rated employee leasing as highly attractive.

Focus on green mobility

The survey also found that 37 percent of companies already offer employee leasing, while a further 27 percent plan to offer it in the future - and, remarkably, 93 percent of these intend to do so by the end of 2024.

Tip: Find out which measures will help your company to promote green mobility.

The numbers speak for themselves.

84 % of respondents

... think that company bike leasing promotes employee health.

74 % of respondents

... think that company bike leasing has a positive impact on recruiting.

80 % of respondents

... think that company bike leasing has a positive effect on the company's carbon footprint.

75 % of respondents

... think that company bike leasing contributes to a better employee loyalty.

Corporate benefit as part of the corporate strategy

two people sitting in park, bikes parked behind them

The benefits of company wheel leasing were clearly recognized by respondents, with 84 percent agreeing that it promotes employee health, 80 percent seeing a positive environmental impact and 78 percent noting increased employee satisfaction. In addition, three quarters agreed with the statement that employee leasing contributes to better employee retention.

It is clear that sustainability and work-life balance are playing an increasingly important role in corporate strategy. 87% of HR decision-makers gave sustainability a (very) high priority. In the retail sector in particular (79 percent), company leasing is used extensively as a measure to improve sustainability efforts. You can use our CO2 calculator to discover the potential impact company bike leasing can have."

82% of the companies surveyed attached great importance to the work-life balance of their employees and rated it as very positive. This underlines the importance for companies to create a balanced working environment in which their employees feel comfortable. As a result, 85% of respondents feel committed to ensuring that their workforce can lead a harmonious working life.

Overall, the study clearly shows that employee leasing as a corporate benefit is very popular in companies and that sustainability and work-life balance are increasingly becoming the focus of corporate strategy.

Find out more about the advantages vor employers and employees.

detail picture handlebar cannondale bike

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Study reveals: Company bike leasing on the rise as a coveted corporate benefit in companies

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FAQ

: As an employer you would like to offer bike leasing as an employee benefit? No problem! With Lease a Bike, your employees can quickly and easily lease their dream bike. Thanks to wage conversion, the wish wheel is paid monthly via the gross salary and your employees save on social security contributions and taxes.
And that’s how you register as an employer for bike leasing with Lease a Bike.

Register
Fill out the registration form for our bike leasing concept in just 5 minutes. We will then carry out a credit check of your company. After successful examination, you will be granted access to our online portal.

Portal setup
You define the company policies in the online portal. How much can the purchase price of the bike be? How many bikes can be leased per employee? You will then share your individual registration link with your employees. The registration for the bike leasing of your company is completely digital.

Approval
Every employee registration is checked by you and approved for bike leasing. This is done with just one click and your employee automatically receives an individual order code for the service bike order at the local bicycle specialist shop. The rest is done automatically via the digital portal.

Administration
A real-time export from our digital portal provides you with all the necessary information you need for the internal handling of bike leasing in your company and for your payroll.
: Get started with bike leasing as an employer in just four steps thanks to our digital portal!

Minimal effort is also guaranteed following your registration: All it takes is one click to activate the employee's bike order in the Lease a Bike portal. It is also only necessary to enter the data for the salary conversion once at the start of the contract. In addition, incidents such as long-term illness or parental leave can also be reported via the Lease a Bike portal with just a few clicks.

In the event of theft or damage, you as the employer have no work to do, as the employees clarify the matter completely themselves with our specialist retail partners and Lease a Bike. In addition, you also have no workload at the regular end of the contract, as Lease a Bike coordinates the further procedure exclusively with the employees. Only in exceptional cases, if the employee cannot be reached by phone or email despite several attempts, will you as the employer be called in to help.
This way, you benefit from minimum effort and maximum benefit!
: Since 2012, the company car principle has also applied to bicycles and e-bikes. Company bicycle leasing increases productivity, promotes health and demonstrably reduces employee sick days. As an employer, you can implement the offer free of charge and risk-free.
The advantageous salary conversion and comprehensive all-round protection make the company bike concept interesting for both employers and employees, while also enhancing the company's image. Company bike leasing is now the most popular benefit for employees. Further advantages are the reduction of fluctuation, the increase in employee satisfaction and the positive contribution to the company's ecological footprint.
With Lease a Bike, you also benefit from that little bit extra when it comes to customer service. We are on hand to help with the implementation and to answer any questions you may have about company bike leasing with our first-class customer service. From a personalized online portal to personal on-site support. You can find more information about the benefits for your company here.
: Implementing company bike leasing is cost-neutral. In the event of a loss of wage payments, you as an employer can take advantage of our instalment default protection. This happens, for example, when employees are sick for more than 42 days and receive sick pay or go on parental leave. With the instalment default protection, Lease a Bike takes over the leasing instalments for a maximum period of 12 months In any case, we will always work with you to find the best solution – including the individual, cost-neutral return of the company bike for you as an employer.
: If one of your employees leaves the company and has a Lease a Bike company bike, we offer you the following options.
Contract transfer of the company bike to a new employee:
You can offer the remaining company bike to another employee for the remainder of the leasing term. As the employer, you take all the necessary internal measures (e.g. supplementary agreements to the employment contract, handover of the company bike, etc.) and ensure that the new user is registered in the Lease a Bike portal. Lease a Bike takes care of the name transfer. The transfer is free of charge.
Early termination of the leasing contract:
The employee or you as the employer have the option of buying the leased asset out of the leasing contract. Ownership of the leased asset is transferred after purchase. The employee also has the option of financing the redemption amount via the FINANCE A BIKE product. This requires online banking access and a valid identity card with German citizenship.
Transfer of the leasing contract to the new company:
Subject to a credit check, the leasing object is contractually transferred to the new company. The new employer now has the option of converting the existing leasing contract into a salary conversion and continuing to provide the employee with the leased object as a company bike. The prerequisite for this is a declaration of consent from the new company and registration with Lease a Bike. The transfer is free of charge.
Company managers can submit a request for the above options via the Lease a Bike portal.

Our author

Antje Thomas

Antje Thomas has been working as a marketing manager at Lease a Bike since 2023, where she draws on her many years of expertise to assist with tasks such as content creation. The company bike of her dreams, which she’s already riding all over town: a Riese & Müller Culture Mixte vario.