To see your potential benefits please enter details below
The benefits shown are based on standard assumptions which you can see (and, if you wish, change) by clicking on the 'Hide Key Assumptions' button below. We would very much welcome the opportunity to discuss with you in more detail how your business could benefit from free2cycle.
This is the extra profit that each participant would be expected to generate as a result of participating in free2cycle. It is calculated as average salary including uplift multiplied by revenue generated as multiple of salary (which gives additional revenue) multiplied by profit margin multiplied by profit increase.
This is the total extra profit generated. It is calculated as extra profit per participant multiplied by number of participants.
This is the amount the organisation would be expected to contribute. It is calculated as a mileage pledge for 44 weeks p.a. at 20 pence per mile (excl VAT) multiplied by the number of participants.
This is additional revenue divided by additional cost, ie how much benefit exceeds costs.
This is the minimum engagement / productivity improvement required to offset the contribution cost by the organisation.
This is the average weekly pledge of participating team members.
This is the amount of revenue that each participant generates – e.g. if the revenue uplift is 3, then a participant who costs £30,000 to employee should generate £90,000 revenue.
This is profit as a percentage of revenue.
This is the average increase in productivity by each free2cycle participant. Research indicates that 20-27% productivity increase could be expected.
This is the additional cost of employment over and above salary cost – e.g. if the revenue uplift is 30% then an individual on a salary of £30,000 costs £9,000 over and above their salary to employ.