Managing your Scheme
Seven easy steps - our online system makes the whole process really simple for you to administer from start to finish
- Employer Registration
Contact our helpdesk team on 0800 458 7929 to discuss your requirements. We’ll then set up your bespoke scheme based on your needs.
- Promotion
We’ll help you spread the word, delivering a free marketing campaigning that suits your business. Co-operative Flexible Benefits recommend that Employers run schemes on a periodic basis (for example once or twice a year) with schemes lasting for 3-4 weeks, to ensure your Cycle to Work scheme makes an impact with your employees,
- Product Selection
Employees sign up to the scheme online and choose the bike and safety accessories they want. They can visit one of Halfords nationwide stores.
- Application
Employees use the Co-operative Flexible Benefits secure website to select a Letter of Collection (LoC) for their chosen amount to cover the value of the bike and safety accessories they require. They will then complete a Hire Agreement, which is passed to your Human Resources team for approval.
- Collection
Employee Letters of Collection are issued within a week of the closure of the scheme. Employees redeem their LoC at their local Halfords store against their chosen bike and accessories. 97% of the population lives within 30 minutes of a Halfords store (440+ stores nationwide open every day of the year except Christmas Day). Every bike is collected in ready to ride condition: assembled, safety checked and fitted to the user by Cytech trained Halfords staff – the nationally recognised cycle industry accreditation.
- Reconciliation
Employee Letters of Collection are issued within a week of the closure of the scheme.
Co-operative Flexible Benefits will invoice the organisation at the same time as Letters of Collection are issued to employees so they do not experience a delay collecting their bike. Our system delivers the information that payroll teams require to make the salary sacrifice deductions.
- Transfer of Ownership
At the end of the Hire Term, employers may choose to transfer ownership of the equipment to the employee, and your local Co-operative Flexible Benefits account manager will support this process.