As Uber gears up for its highly-anticipated public debut, the corporate is setting apart some dough for drivers which have logged some critical rides on the platform as a reward for sticking with the service. The corporate follows Lyft which additionally rewarded drivers with one-time money bonuses throughout its public providing.
The corporate is setting apart quite a lot of shares of widespread inventory on the preliminary IPO worth that drivers who earn this “appreciation award” will be capable to buy.
Drivers will get $100, $500, $1,000 or $10,000 for finishing 2,500, 5,000, 10,000, or 20,000 lifetime journeys respectively. The caveat being that drivers might want to have additionally accomplished at the least one experience in 2019 as of April 7 and be “in good standing.” We’ve reached out to Uber about what precisely meaning.
Uber’s “driver appreciation awards” are fairly similar to what Lyft did for its public providing, which awarded drivers with 10,000 and 20,000 rides with $1,000 and $10,000 respectively. The important thing distinction being Uber has some good smaller money bonuses for much less prolific drivers. Uber detailed that for drivers exterior of the USA, the appreciation award “could also be adjusted on a region-by-region foundation to account for variations in common hourly earnings by area.”