Stand out as an employer

No, as a company you can offer the bicycle plan to your colleagues free of charge.

When an employee with an active lease leaves the company, the agreements contained in the addendum take effect. This document is entered into by each employee before the lease bike can be selected. We provide an example of the addendum. This states, for example, that the colleague who leaves the company must make a net payment for the remaining lease installments. In this construction, your company pays off the remaining instalments to the lease company. If your company does not want to include this condition, we facilitate three options for the company where you work in order to minimise your risk:

• The colleague who leaves the company pays off the remaining lease instalments (without service and insurance costs).
• The colleague who leaves the company can have the existing lease contract taken over by a colleague within the company.

To support you throughout the journey, we have developed a digital platform that you can use for free. Here you can manage all processes and let all parties (the company you work for, all employees and the bicycle store) come together to arrange everything. The administration is also a breeze: you can arrange most things with one push of a button. Of course we are always there for you if you have any questions about the platform, so that you can enter the leaseplan without any worries.

After 36 months, the employee is given the first opportunity to take over the bike for the then valid value in economic traffic (approximately 20% of the purchase price). The employee will receive more information about this 3 months before the end of the lease contract. The employee will receive the takeover offer 6 weeks before the contract expires. If the employee chooses to take over the bike, they will pay the takeover price directly to Lease a Bike.

The employee can also choose to return the bike free of charge.

Each company can create and design its own lease plan. To give you an idea of what that might look like, we give three examples:

• The company pays the full, monthly lease cost. Your colleague pays 7% additional tax each month. This can be done as a fringe benefit, as part of the mobility budget or from the lease car budget.

• The company pays a fixed amount per month. Your colleague pays the rest.

• The company facilitates the lease arrangement. Your colleague pays the lease costs by voluntarily exchanging the gross salary and this is still up to 35% cheaper than a private purchase.

In sum, your cycling colleague could be dealing with two expenses:

• The monthly lease costs (plus service and maintenance costs)

• 7% additional tax. These costs are always for the employee, as compensation for the private use of the bicycle.

The untaxed allowance can be combined with the lease bike. This is how it works:

For commuter kilometers with the lease bicycle there is no right to the untaxed kilometer compensation. But for the kilometers covered by other means of transport - such as your own car or public transport - you may continue to pay the kilometer compensation.

Example:

Suppose that before the bike plan, your colleague went to work five days a week by private car. They received an allowance for this. Now that the colleague has a lease bike, they cycle to work two days a week and three days a week use their own car. This means that you can continue to pay a kilometer allowance for three days a week. As a company, you can of course reinvest the two days of allowance in the lease amount at no cost, which means the company employee pays a lower monthly amount.

We offer all types of bicycles, which is well over 200! From e-bikes to granny bikes and mountain bikes to electric cargo bikes.

With over 1100 affiliated bike stores, there is always one that is near you. You can go to the local bike store around the corner, but also to one of the specialty stores across the country. For purchase and maintenance. This way your colleagues can get on their bicycles without a care in the world. Check our dealer locator for all connected bike stores.

For your convenience, all new lease contracts take effect as of the first day of the month. Even if your colleague picks up the bicycle before that time. This is because we make a distinction between the day of issue and the start date of the contract:

• Day of issue - as of this date, tax addition is calculated Drag

• Start date of contract - as of the first of the month, your cycling colleague pays a monthly lease amount for 36 months Drag

If your company pays the entire amount, you only need to process the addition in the paycheck. If your company makes a contribution or only facilitates the lease, you process both the addition and the monthly lease amount in the paycheck records.

Our goal is to make it as carefree as possible for (unburden/easy) you. That's why we provide all our bikes with standard all-risk insurance and 24/7 roadside assistance. In addition, your colleague can choose between the following maintenance packages at a competitive rate:

• Basic Package: up to € 100 (incl. VAT) per year covered

• Standard package: up to € 150 (incl. VAT) per year covered

• Premium package: everything will be covered, i.e. there are no risks (only available for E-Bikes)

• Speed Pedelec package: up to €300 (incl. VAT) per year covered (including third-party insurance)

The exact insurance amount depends on the price of the bicycle. The monthly service and insurance costs are included in the lease price.