So, damn, I'm changing jobs (got a much nicer package), but that now means I'll have to pay the remaining months of the cyclescheme off my net salary from the old company (which is 6 months [or maybe even 7]) at almost £90! i.e. £630 + if I want to keep it, another £250!
Which means even paying 5 months off my gross, I've saved barely £100
But if I don't buy it back, I've wasted loads of money.
I mean, I knew that, but the idea of the cycle to work scheme is to push people to cycle. So why not give the same saving even when leaving the current job? Just let me pay the remaining 7 months as before in one shot + 25% of the original value of the bike [fair enough, not really, but ok]. It'd still make a good save and incentivise people to buy and use bikes.
So, damn, I'm changing jobs (got a much nicer package), but that now means I'll have to pay the remaining months of the cyclescheme off my net salary from the old company (which is 6 months [or maybe even 7]) at almost £90! i.e. £630 + if I want to keep it, another £250!
Which means even paying 5 months off my gross, I've saved barely £100
But if I don't buy it back, I've wasted loads of money.
I mean, I knew that, but the idea of the cycle to work scheme is to push people to cycle. So why not give the same saving even when leaving the current job? Just let me pay the remaining 7 months as before in one shot + 25% of the original value of the bike [fair enough, not really, but ok]. It'd still make a good save and incentivise people to buy and use bikes.