News

Uber and Lyft are reportedly planning to give some of its drivers cash bonuses with the intent that those drivers would be able to use that cash to purchase stock in the two companies’ impending ...
Lyft will pay some of its drivers up to $10,000 in cash bonuses ahead of the company’s forthcoming IPO -— an unusual benefit for a portion of the independent contractors who are critical to ...
Some driver promotions from both Uber and Lyft have hidden catches, like not paying out bonuses if drivers don't accept a certain percentage of rides. But others felt disappointed in a brand that ...
California may upend the way gig economy workers — like drivers for Lyft and Uber — are hired and paid. The state legislature has passed a labor bill that would force companies to pay gig ...
In fact, many taxi drivers switched to ride-hailing because percentage-based commissions—along with the hefty sign-up bonuses Uber and Lyft once offered—sounded like a better deal.) Getty ...
Some Uber and Lyft drivers question whether it's worth it as companies cut incentives With inflation running high, ... Uber offers a bonus to help with those gas prices, but it's only $0.50 a ride.
Uber and Lyft Are Spending Millions on Driver Bonuses to End Shortage. ... The increase in riders was a factor, but more than a third of the money came directly from Uber in bonuses.
Lyft drivers who use EVs will get a $150 bonus if they complete 50 trips a week. The company is offering cash incentives to get more drivers to switch to EVs so it can achieve its goal of “100 ...
After receiving 14,576 driver submissions, the site calculated Uber takes 29.6 percent of each ride, while Lyft takes 34.5 percent. Other studies and fare breakdowns usually come in around 30 ...
Lastly, when a user signs up to be an Uber driver in San Francisco, they can take home a $1,000 bonus. Lyft, which already had a tipping system in place , launched a tiered perks program in 2015.
Lyft will pay some of its drivers up to $10,000 in cash bonuses ahead of the company's forthcoming IPO -— an unusual benefit for a portion of the independent contractors who are critical to the ...