May 19, 2008

CHEP Gives Employees $2K For Buying Hybrids

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A program of CHEP USA gives up to $2,000 to employees who purchase hybrid cars and trucks, Mobile Logistics Assets reports.

The incentive is available to any full- or part-time employee with at least one-year tenure and is payable over two years for new vehicles purchased on or after January 1, 2008, and classified as a hybrid by the US Department of Energy and the Internal Revenue Service.

CHEP is just the latest in a trend towards offering employees green incentives. Swiss Re offers a subsidy to employees that make environmental purchases – including hybrids. Other companies, including Bank of America, offer employee rebates for similar investments.

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