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Key Plus Information

  • 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 removes risk and 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, employees can save significantly on their commute through our pre-tax benefit program. With Plus, net cost offsets range from 25–59% off the quoted sale price when selling to Workride, determined by the employee's personal income situation. This means employees can enjoy substantial savings while opting for healthier transportation options.

  • 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.

  • Should your employment end before the 12-month lease period concludes, you must follow the early termination procedure. Workride manages the exit process directly with the you (employee), who has to return the bike for a reasonable return and delivery fee, or at the time of departure, request a settlement to keep it, allowing Workride to recover any outstanding lease costs.

  • We highly recommend securing comprehensive insurance for your ride benefit to protect against potential damage or loss. Please inform your insurance provider about your ride’s replacement value to ensure adequate protection. Note: During the 12-month lease, you have legal possession of the bike and are fully liable for its replacement or repair, which is why insurance is so strongly recommended. If you do not have contents insurance, Workride can refer you to our insurance partner.

  • The quoted ride price is the amount the retailer charges Workride for the bike select. Retailers may add a surcharge of up to 5% to this price when selling to Workride, which allows them to offer all their bikes (even those on sale or clearance) through Workride. You can check with the in-store team if this applies. Your total benefit cost is then calculated by adding 10% to that final quoted ride price. For example, a $2000 quoted ride price becomes a $2200 total benefit cost. This 10% cost is because your employer is using the Workride Plus program, which includes financing and administration costs.

  • Using Workride Plus you can expect a net offset of between 25.59%.
    Please use Workride’s savings estimator to understand the financial impact of your ride benefit. For questions about how salary sacrifice affects you personally, please consult your trusted financial advisor.

    Please be sure to select Workride Plus on the calculator to understand your estimated savings.