Bike benefit scheme for employers

Reward your organisation with a bike benefit scheme and create a healthier workforce.

Download the guide for HR

Learn quickly how the bike scheme works and find out why your employees are talking about benefit bikes, and what benefits offering a bike scheme brings to your whole organisation.
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Book a meeting with us

Want to know more about Northride bike benefit scheme and if our service is the right fit for your business? Let's chat!

How to get the Northride bike scheme for your organisation

Fill the form

Fill in a quick form to tell us about your company - we do a credit check for you to partner you up with our financers.

Sign the agreement

We'll sign an agreement and get you onboarded onto our app - there's lots of help at hand to get you set-up as quickly as possible.

Launch the scheme

Offer the Benefit Bike Scheme to your employees - we'd love to come and present it to them with you!

Employees join the scheme

Employees can sign up for the app and request to join the scheme - they will need to meet your salary and other eligibility requirements.

Choosing the bike

Once approved they choose and collect their bike, sign the salary sacrifice agreement and update their payroll

Billing starts

You will receive two invoices from us each month - one for maintenance costs and one for the bikes.

Get started

Employer benefits and employee wellbeing

A bike benefit scheme encourage an active lifestyle, reduce transportation costs, and support green transition & sustainable development. We’re in this to spread the joy of cycling far and wide. To you, this shows as simple processes, transparent costs, great user terms and a positive impact on environmental sustainability targets.
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Recruitment and retention

Employee bike benefits are increasingly valued as part of a modern employee benefits programme. A corporate bike benefits scheme signals that your organisation invests in wellbeing and sustainability, which strengthens employer brand and supports retention.

When benefits feel practical and relevant to everyday life, they stand out.

Wellbeing

Employee wellbeing

Cycling supports physical and mental health. A workplace bike scheme encourages active commuting and healthier daily routines, which can positively influence energy, engagement and long-term wellbeing across your workforce.

By enabling access through salary sacrifice NZ, employers remove a financial barrier that often prevents employees from getting started.

Insurance

Simple admin and support

Northride provides structured onboarding, communication templates and ongoing guidance so the scheme integrates into existing payroll processes smoothly.

The goal is clarity. Employers understand what is required, what it costs and how it works from day one.


Billing and what’s included

Perhaps you’ve noticed that the bike benefit scheme is highly desired among employees. Still, it pays off to choose a provider that makes service user-friendly and exciting. After all, you want your teams to use the bike benefit scheme, right?
Investment

What employer pays

The bike benefit scheme is designed to be cost-neutral for employers. There is no large upfront capital requirement for bikes. The structure is built around salary sacrifice NZ, ensuring transparency and cost clarity.

Northride provides clear documentation outlining responsibilities and flow of funds.

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What the employee pays

Employees pay for their chosen bike over time through salary sacrifice. Because payments are structured in a tax-efficient way, the total cost can be lower than traditional purchase methods or standard bike finance.

The payment schedule and terms are transparent from the outset.

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Cancellation and terms

Terms are clearly communicated before participation begins. In the event of employment changes or early termination, there are structured processes in place to ensure clarity for both employer and employee.

Northride provides guidance to help manage these scenarios confidently.

Partner bike shops and bike choice

PARTNER NETWORK

Northride works with a growing network of approved partner bike shops across New Zealand. This ensures employees have access to trusted retailers who understand how the scheme works.
The partner network helps maintain consistency, quality and clarity.

Bike Types & E-Bikes

Employees can choose from a wide range of bikes suited to commuting and lifestyle use, including standard city, commuter, mountain, gravel, cargo and e-bikes. Providing choice increases participation and ensures the scheme meets diverse commuting needs across your workforce. Below are few examples of possible rides.

e-commuter bike

E-commuter bike

Different kinds of commuter bikes are often best for short flat city commute.

E-Cargo bike

E-Cargo bike

Cargo bikes are best for carrying heavy loads or kids.

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E-mountain bike

This bike type is great for off-road, trail sections and also longer mixed terrain commute

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Salary sacrifice NZ

Salary sacrifice NZ is the mechanism that makes the bike benefit scheme possible.

It allows employees to allocate a portion of their salary toward a bike before tax is applied, which can reduce the overall cost of participation.

Northride provides guidance to ensure salary sacrifice is implemented in line with current payroll practices and regulatory requirements.

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FBT and exemptions

Fringe Benefit Tax considerations are important when introducing any employee benefits programme.

The bike benefit scheme structure is designed with awareness of FBT rules and potential exemptions. Northride provides clear guidance so employers understand where obligations apply and where exemptions may be available.

Frequently asked questions

Not sure yet? Check if you can find answers to your concerns below. If not, talk to us.

A bike benefit scheme allows employers to offer employee bike benefits through salary sacrifice NZ. It provides a structured way to support commuting, wellbeing and carbon reduction.
Setup is designed to be straightforward. Once payroll alignment and documentation are confirmed, the scheme can typically be introduced within a short implementation window.
The structure is designed to be cost-neutral for employers. There is no requirement to purchase bikes directly, and financial flows are clearly documented.
Employers integrate the scheme into payroll processes and communicate the benefit internally. Northride provides templates, guidance and structured support to keep administration manageable.
Employees request access through their employer, select a bike from a partner shop and complete the salary sacrifice agreement before payments begin.

You are just one step away

Start by sending your organisation’s basic information. We use it to get a credit decision and speed up the bike benefit scheme process. This does not bind you or cost anything at all.

It’s kind of a big deal, this bike scheme

And also the perfect way to complement other perks. You can trust us - across the Vapaus group in Finland, Sweden and France we're pretty happy with what we've achieved...and we're only just getting started!

1 800+

customer organizations

32 000+

bikes delivered since 2021

70

bike user NPS