Working for Lyft just became more lucrative as the company announced that it is instituting a new minimum pay standard for drivers.
Beginning February 6 in most major cities and then expanding nationally in the next few months, the ride-share company will guarantee that drivers will take home a minimum of 70% of what riders pay.
Most drivers don’t take home their full earnings at the end of each week due to external fees in the app, such as taxes, tolls, and insurance costs, but now Lyft is promising to pay drivers the difference weekly if their total earnings amount to less than 70% of rider payments.
Related: Lyft Launches New
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