What do I need to consider when placing an order?
First, you need to register in the JobRad portal. You will receive the company ID for the JobRad portal from your employer. When placing your order, don't forget to check if the accessories you desire are eligible for leasing. You can find an overview of eligible leasing accessories here. After the bike is delivered, please remember to confirm the takeover in the portal.
How does the ordering process work?
Configure your dream bike in our webshop and select JobRad as the payment method. After we receive your order, our team will review it, and you will subsequently receive an email with your offer. Once you register on the portal and your employer approves the budget, you can then confirm the offer in the JobRad portal.
My employer sets a specific budget, but the configuration of my bike exceeds it. Is it possible to pay for a portion separately or purchase a voucher?
No, unfortunately, that is not possible.
What happens after I confirm the offer in the JobRad portal?
Once your offer has been confirmed by you and JobRad, we will receive the leasing approval from JobRad. Subsequently, we will send you a leasing approval confirmation via email and provide you with the estimated shipping date. Once you have received the bike, you only need to confirm the takeover in the JobRad portal.
Can I make changes to the order after it has been placed?
Unfortunately, no changes can be made to the order after it has been placed.
How does the takeover of the bike and the activation of the leasing work?
When shipped: After the production of your dream bike, we will indicate in the JobRad portal that it is ready for handover and send it to you. Upon receiving the bike, you have five business days to inspect whether the JobRad and any accessories are free of defects and have been delivered in full. Only then do you confirm the takeover in the JobRad portal. Please note that the JobRad must not be put into operation before the takeover confirmation, and there is no insurance coverage in place during this period. Subsequently, we will invoice the order, and your leasing will commence on the 1st of the following month
Which services does JobRad offer?
Every JobRad is automatically covered by comprehensive insurance, including mobility guarantee. Whether it's a flat tire, worn-out brake pads, or a damaged bicycle chain – especially with frequent use of the bicycle, wear and tear are inevitable. The JobRad insurance partner provides an annual budget for wear and tear repairs.
Why is JobRad cheaper than a direct purchase?
The savings result from various factors. The non-cash benefit 'company bicycle' has been tax-free in Austria since 2020 and does not constitute a taxable benefit. As of January 1, 2023, this non-cash benefit reduces the contribution base for social security contributions (provided that JobRad users do not earn above the maximum contribution base) and reduces monthly payroll taxes. The conversion rate additionally reduces the taxable income. If the company is entitled to deduct input tax, employees also save the value-added tax. If employers decide to cover a portion of the monthly costs, the savings for employees are further increased
How does the JobRad model work?
Employees can choose their individual company bike from Propain within the approved budget provided by their employer. The employer acts as the lessee and provides the bike to the respective employee for use. An assignment agreement governs the use of the company bike for 36 or 48 months, depending on the selected term
What distinguishes a JobRad from a conventional bike?
The bike itself doesn't differ; it's the ownership arrangement that sets it apart. A company bike from JobRad is a bike that an employer leases from a leasing provider for a specific period and provides it for their employee's use - for commuting to and from work and in everyday life. A JobRad can be any type of bicycle or e-bike (up to 25 km/h) from any manufacturer or brand. Furthermore, insurance is mandatory for all JobRads. With the included insurance package, which consists of comprehensive insurance including mobility guarantee and wear-and-tear fee, both JobRads and JobRad riders are reliably protected throughout the entire leasing period.
What do employees need to do to get a JobRad?
If your employer is not yet a JobRad employer, simply talk to them and ask them to get in touch with JobRad Austria. After the contract package is signed between JobRad and the company, you can submit a budget request and choose your desired bike.
How do employees gain access to the JobRad portal?
Employees gain access to the JobRad portal once the employer has chosen to collaborate with JobRad. The JobRad portal can be found at the following link.
How long does a leasing contract run for?
The duration of a leasing contract for a JobRad can vary depending on the agreements between the employer, the leasing provider, and the employee. Typically, the leasing term is usually 36 months (3 years). However, it's possible for different durations to be agreed upon, depending on the individual needs and arrangements between the parties. It's important to review the specific contract terms to understand the duration of a particular leasing agreement.
Which bicycles are possible with JobRad?
"Whether it's a city bike or a touring bike, a mountain bike or a racing bike, an e-bike, a recumbent bike, or a cargo bike, regardless of the manufacturer or brand – employees can decide which bike becomes their JobRad. The only exceptions are registered S-Pedelecs up to 45 km/h. The condition is to stay within the set budget frame, within which appropriate accessories can also be selected. The minimum price for leasing bikes at JobRad is 749 €, and the maximum price, including leasing-compatible accessories, is 15,000 €. Employers have the option to reduce the maximum price."
Are employees allowed to use a JobRad for private purposes?
Employees are allowed to use their JobRad for both professional and private purposes."
What is the JobRad portal, and how does the process of ordering a JobRad work?
The JobRad portal is a fully digitized processing platform that connects all parties involved. After registering in the portal and receiving budget approval from your employer, you choose your desired bicycle, and we create a personalized offer. Once you confirm the offer, JobRad places the order for the bicycle. Once we have shipped the bike, you will be notified. After that, you just need to confirm the takeover in the JobRad portal.
What are leasing-compatible accessories?
Leaseable equipment typically includes the parts that are permanently attached to the bicycle. Leaseable equipment may include items such as a luggage rack or a display upgrade for e-bikes. Additionally, a lock or lighting can also be included in the offer. You can find a detailed list of leaseable accessories here.
Do discounted bicycles qualify as JobRads as well?
Yes, a discounted bike can also become a JobRad.
Can I purchase the bicycle after the leasing period has ended?
JobRad intends, within the legal regulations, to offer employees an attractive purchase option for the bicycle or e-bike after the leasing period has ended. Due to the tax regulations in Austria, there will be tax implications for the employee.
How is the taxation calculated after the end of the lease?
Since the transition of the bicycle into the private ownership of the employees results in a taxable benefit, the difference between the market value and the purchase price at the end of the lease must be subject to taxation. To calculate the market value, JobRad's calculation uses 80% of the book value, based on a depreciation period of 5 years, including the applicable value-added tax.
What insurance coverage is included with JobRad?
As a leased item, the JobRad is fully comprehensive insured, including a wear and tear allowance. In addition, the insurance includes a mobility guarantee for JobRad riders.