November 02, 2005

Companies Help Employees Buy Hybrids

Some major companies are now giving employees cash to help buy fuel-efficient vehicles, according to an article in Business 2.0 magazine.

The article reports that some environment-conscious companies such as Hyperion, Google, and Timberland offer a bonus to employees who purchase or lease vehicles with high EPA ratings, which usually means hybrid vehicles. The bonuses can be for as much as $5000.

This may signal a trend that will spread as the idea catches on. In fact, Hyperion wants to share what it has learned with other companies who might want to start a similar program. More information can be found at www.hyperion.com/driveclean/.