HR Glossary

What is Cycle to Work Scheme?

A UK government-backed salary sacrifice arrangement that lets employees buy bicycles and cycling equipment tax-free, saving 25% to 39% on retail prices while promoting healthier commutes.

Why it matters in hiring

Cycle to Work Scheme comes up whenever teams compare candidates, set policy or report on people data. Getting the definition right keeps decisions consistent, which is the same reason springhire scores every applicant against the same criteria rather than on impression.

Related terms starting with C

• Chain of Command
• Center of Excellence (CoE)
• Chief People Officer (CPO)
• Chief Human Resources Officer (CHRO)

Part of the springhire HR glossary, 1,150+ HR, payroll and recruiting terms defined. Free, no signup.