
We are thrilled to announce our new partnership with Workride, making your commute healthier, greener, and significantly more affordable.
Through this program, you can offset 25–59% of the cost of a brand-new bike, e-bike, or scooter via pre-tax salary sacrifice.
How to get moving:
See how it works: Check out a Workride Overview here.
Calculate your deal: Use the Savings Estimator to see your exact take-home pay impact and massive savings.
Understand the process: Watch the Step-by-Step Guide on Workride (2-mins).
Ready to get started?
Grab the Code: Reach out to HR for your unique company password to access the rego page.
Register: Head to Workride.co.nz to register yourself to get your Workride ID.
Shop: Visit a partner store and find your perfect ride! - Store Map here
Overview of Workride:
Workride is a free tool for businesses, designed to enhance employee benefits by providing a ride-to-work program that incentivizes healthier commuting options. Our program handles all administrative tasks on behalf of the employer, ensuring tax compliance and making the process smooth and effortless for both management and participating employees.
With Workride Plus, our fully funded bike benefit, employees can save significantly on their commute through our pre-tax benefit program. Cost offsets range from 25-59% off using Workride Plus. This is determined by the employees personal income situation. This means employees can enjoy substantial savings while opting for healthier transportation options.
Obligations:
Workride is designed for employers to support you in commuting to work using active modes. Therefore, you must predominantly use your ride benefit for riding to and from work. Not adhering to this requirement could lead to personal tax implications.
Early Termination:
If your employment ends before the 12-month lease period, Workride’s friendly exit policy allows you to return the bike for a reasonable fee. At the time of termination, you can request a settlement offer from Workride directly to keep your bike. This process is managed directly with Workride to recover any outstanding lease costs ensuring that you do not lose out on any of your salary sacrifice contributions to date and get to keep your bike.
Insurance:
It is important that you have comprehensive contents insurance for your bike - e-bike to protect against potential damage, theft, or loss. Please inform your insurance provider about your ride's replacement value. Note that for the first 12 months you only hold legal possession of the ride. If you do not have contents insurance please contact Workride who can refer you to our partnering insurance providers.
Quoted ride price:
Workride is purchasing your ride benefit from your chosen provider. An in-store retailer surcharge for up to five percent can apply, this is typical for rides on clearance or sale. This ensures a sustainable program and allows the retailer to offer all bikes and e-bikes from your chosen store. Check with the store if this applies when selecting your ride.
Understanding Workride's Savings Estimator:
Use Workride’s savings estimator to understand the financial impact of your ride benefit. Ensure to select “Workride Plus” on the estimator. For questions about how salary sacrifice affects you personally, please consult an independent financial advisor.
Total Benefit Cost:
Your employer is using our Workride Plus program, which removes all upfront costs and risk for them. To do this, we bundle the necessary financing and administration costs into your benefit, which is a cost of 10% of the quote ride's price. This is always shown transparently on your quote before you sign anything, and it's what allows your employer to offer you the fantastic 25-59% offset.
Subject: Exciting News, Team! Workride is here! 🚲
We’re thrilled to announce we're partnering with Workride to make your commute healthier, greener, and more affordable!
Imagine saving 25-59% on your next bike, e-bike, or scooter thanks to tax benefits! With the new Workride Plus program, it's now possible for our organisation to offer this.
Here’s everything you need to know:
Important: Make sure to select the "Workride Plus" tab for an accurate calculation!
Ready to get started? Just reach out to HR for the company password, register online, and kick off your Workride journey!