New research reveals cyclists cost employers up to half as much as their non-cycling colleagues in lost working hours each year
Businesses across the UK estimate that they are losing on average over £32,000 a year, thousands of pounds a month, in lost working hours resulting from delayed commutes by rail or road. New research finds employees that cycle to work are most likely to avoid late start and least likely to cost the business in inefficient performance resulting from the disruption a difficult commute can cause.
According to the report by Cyclescheme, a major benefits of cycling to work is that the individual is in control of their own journey, while other commuters are regularly held up by public transport delays and traffic jams. Research shows employees that commute by car are most likely to be late to work, followed closely by train and bus commuters, accumulating 60, 62 and 52 lost working hours over the year, translating to £910, £936 and £780 per employee respectively, based on the average UK annual income. In contrast, cyclists account for just 32 hours and £481 in losses per employee on average, almost half that of their train bound colleagues.
In addition to this, employers cite an active commute as contributing to the positive overall performance of their employees at work, with a third (33%) believing cyclists and walkers are more productive, more efficient (44%) and more energised (89%) throughout the day. Beyond the bottom line, over one in five employers believe cycling contributes to their employees feeling happier in their jobs, and an overwhelmingly majority (98%) say cyclists are healthier than their commuting counterparts.
Stephen Holt, commercial director at Cyclescheme.co.uk commented: “We know that an active commute can have many benefits for employees from loss of weight to increased energy and mood levels but cycling’s positive effects aren’t exclusively beneficial to the individual, with employers enjoy the perks too through reduced tardiness, increased productivity and efficiency and greater job satisfaction.”
Lucie Cherrington, head of cycle to work at Halfords said: “It’s becoming increasingly difficult to fit exercise into our daily routines with many of us grappling with busy schedules these days. That’s why using an active mode of transport to commute can be a really simple and effective way to squeeze in exercise on a daily basis and of course stay fit, as well having the added bonus of saving pounds on the daily commute.
Cycle to Work Day is a fantastic opportunity for employers to encourage more colleagues to join this brilliant initiative and reap the benefits of a more physically active workforce”.
This year, Cycle to Work Day is on 14th September. For more details, CLICK HERE.