Advantages of bike leasing: focus on environmentally friendly mobility
27 September 2023
Bike leasing is becoming increasingly popular among employees and employers, as it not only promotes environmentally friendly mobility, but also offers other advantages.
Advantages for employees
Deferred compensation: The option of deferred compensation allows employees to finance the bike leasing through their monthly salary deductions. This leads to a reduced taxable income and thus to a reduction in the tax burden.
Tax-free private use: Private use of the company bike is generally tax-free. Compared to the purchase of a bicycle or e-bike, there is therefore no taxation of a non-cash benefit, which can lead to tax savings.
Cost savings on mobility: Through bike leasing, employees can achieve savings on monthly mobility costs, as they have to spend less money on gasoline, public transportation or parking fees.
No acquisition costs: Employees do not have to buy the bike themselves, which increases their financial flexibility and allows them to use their capital for other investments or expenses.
Benefits for employers
Image and Corporate Social Responsibility (CSR): Providing bike leasing signals the employer's commitment to environmentally friendly mobility and employee health, and can strengthen the company's image as an environmentally conscious employer. This is particularly relevant if the company has or is seeking to establish corporate social responsibility (CSR) programs. A positive image can translate into higher employee and customer loyalty and a better reputation in the marketplace in the long term.
Healthier workforce: by promoting company bike leasing, employers can encourage a healthier workforce. Healthy and fit employees are happier and more motivated, which can reduce operating costs associated with absences due to illness.
With little effort - because it is fully digital - service wheel leasing can be implemented in the company and the current statistics can be accessed at any time.
General tips and hints
Contractual regulations: In order to offer company bike leasing, appropriate regulations should be included in the employment contract that define the possibilities for using the company bike. Lease a Bike offers a sample lease agreement as an addendum to the employment contract.
Selecting the right company bike model: When selecting a company bike, employees should make sure that the selected model meets their individual needs in order to take full advantage of the benefits. Use Lease a Bike's bike finder to find the bike of your dreams or use the bike leasing calculator to calculate savings and monthly leasing rates.
With all-round protection, the Lease a Bike service bike is protected against theft, damage and wear and tear and includes the annual inspection and a free, Europe-wide mobility guarantee including 24/7 roadside assistance.
Bike leasing offers employees and employers numerous advantages. Employees can reduce their tax burden through deferred compensation and enjoy tax-free private use. Employers can strengthen their employee loyalty and corporate image by promoting environmentally friendly mobility. Company car leasing is a win-win situation that is kind to both the environment and the wallet.