Bicycling at Your Workplace

Why are so many businesses working to improve conditions for bicycling for their employees and customers?


Improved ability to attract and retain a talented workforce

  • Today’s competitive salaries, costly benefits and mobile workforce mean workplace amenities can be the key to attracting and retaining the most talented employees. Businesses with attractive bicycle parking, bike commuter benefits, changing rooms, etc., have a definite advantage in the human resource department.
  • As the popularity of bicycling networking rides increases, bicycling is being called the new golf, without the expensive membership and greens fees.

Reduced health care costs

  • QBP, a $150 million/year wholesale distribution company with more than 450 employees headquartered in the Twin Cities, reduced its company health care costs by $900,000 over a three-year period by implementing a bicycle commuter benefit program (annual cost of $45,000).
  • QBP found monthly health insurance claims from employees who bike to work were $95 compared to $261 for non-bike commuters.
  • Studies show employees who bike to work are absent less than their coworkers by one day per year

Improved productivity

  • Extrapolated to QBP’s 464 employees, the bike commuting program productivity impact generates an annual savings of $301,136 on a cost of $45,000.

Lower parking costs

Increased sales

  • Madison strategically placed bike racks outside many of its businesses in the downtown area and saw a 3% overall increase in sales tax revenues in the areas where they installed the new bike racks.
  • A study of property values along the Mountain Bay Trail in Brown County shows that lots adjacent to the trail sold faster and for an average of 9% more than similar property not located next to the trail.
  • Businesses located on streets that prioritize walking and biking have proven to boost local retail sales by 10-25%.
  • In NYC, retail rents in Times Square went up 71% (the largest increase in the city’s history) after the street was closed to cars and bike lanes went in. Additionally, five new flagship stores relocated there after the bike lanes went in.
  • After bike lanes and a bike corral were installed on Downer Avenue in Milwaukee, several new businesses moved into storefronts that were previously empty for years.
  • The Hotel Foster in Milwaukee has seen typically slow weeknight business increase dramatically after bike racks were installed and several regular bike rides have made the more bicycle-friendly tavern a regular stop.

Convinced? Ready to make your business or workplace more bicycle friendly? Contact the staff at the Bike Fed to find out how we can help. If you want to take some steps on your own, we have provided a list of resources below.

Engineering

Education

Encouragement

Evaluation