The Hassle Free Commute as a Benefit
California state no longer issues the decals that allows hybrid cars on carpool lanes even with low occupancy, but the decals are still good. The folks at Kelley Blue Book [as heard on NPR's All Things Considered] have discovered that people in the state are paying a premium of $4000 for hybrid cars with the now out-of-supply, tamper-resistant decals. Hmm, the free market is willing to pay four Grover Clevelands for the luxury of a hassle free commute. I've believed Google's bus service for its employees in the Bay Area was a great fringe benefit helping hire and retain good talent. We now have statistics to back the logical conclusion that people actually desire such a perk.
Labels: Benefits, Commute, Free Markets, Google, Hybrid Cars
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