Software company Hyperion offers employees money for fuel-efficient cars

California software company Hyperion is getting quite a bit of positive press for offering its employees $5,000 toward the purchase of a fuel-efficient car, and we’re happy to jump on the bandwagon. The grant is available to any of Hyperion’s 2,600 employees who have worked at the company for more than a year and who buy a vehicle that gets at least 45 miles to the gallon. The company will offer 200 grants a year on a first-come first-served basis. Currently, the range of vehicles that meet that standard is fairly small: the Toyota Prius, the Honda Insight, some of the newer diesel models, and whatever electric vehicle employees can find overseas or on eBay. Hyperion hopes other companies will follow suit and promises to share what it learns. “Companies and individuals have extraordinary power to make a difference,” said Hyperion CEO Godfrey Sullivan.

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