What is the Gym Benefit?

The gym benefit enables employees to pay for their gym membership through salary sacrifice and save 8-40% in the process.

How does it work?

Employees give up part of their salary in return for a gym membership. As the employer, you pay for it upfront and deduct the cost over 12 months from their gross pay. This is exactly how the cycle-to-work scheme works, (credit options are available if you don’t want to pay upfront).

Employees on the basic rate of tax save 8% on the product, via an N saving. Combined with a discount from the gym, the employee is saving between 8-40%.

Why should I offer the Gym Benefit to my employees?

Support for health and wellness should be at the forefront of every company's benefits strategy. A healthy employee is more productive at work, less likely to fall ill and more likely to stay motivated. All this is achieved through our gym benefit without any cost to you as an employer, making it a no-brainer.

FAQs

General

• Who supplies the products?
• How does approval work?
• How does Tendr’s Gym Benefit differ to others on the market?
• What level of admin is involved?
• How does tax saving work?
• Who is eligible for this benefit?

Missing questions?

Ask them now and we’ll get back to you in minutes.