Cycle to Work Benefit Scheme - Pros and Cons of Different Programmes

However, the risk to employers is not that, and it's not the admin hassle, it's the problem with employees who leave employment during the scheme - or for example get their bike nicked in month one and then refuse to pay. What happens is that the employer gets left holding the baby and all of their savings in NI go down the pan. I've seen this happen a number of times and its why some of the public organisations are balking - refer back to the post at the start of this thread where such an organisation was refusing to do salary sacrifice schemes, I can pretty much guarantee that its because they've had their fingers burnt this way.

My employer offered to insure as part of the scheme- perhaps this should be a compulsory measure to qualify; a year's worth of insurance?