Corporations offering incentives for employees to drive hybrids

Google, Timberland and Bank of America are just a few of the companies out there rewarding their employees for going green. The companies offer cash back to employees who buy hybrid vehicles, though certain conditions apply.

Bank of America, whose headquarters is in North Carolina, is offering $3,000 to employees near its corporate HQ, in Boston or Los Angeles, as a one-time taxable perk. The company says it's trying to do the right thing, considering how many commuters it is responsible for in those locations. Google employees get $5,000 for buying a hybrid and $2,500 for leasing one, and Timberland, makers of apparel and outdoor gear, is offering up $3,000 to its employees, along with a front-row parking spot.

[Source: Edmunds InsideLine]