Over the years, Uber and Lyft have changed up their bonus and guarantee programs and terms so frequently, it can be tough to keep track of all of them. But have these changes improved driver pay at all? Senior RSG contributor Jay Cradeur outlines the state of Uber and Lyft bonuses in 2019.
Recently, I listened to the Rideshare Guy Podcast interview with Lyft’s COO (Chief Operating Officer), which I had some issues with. The overarching message was that drivers should not care about how much they are being paid. Instead, we should focus on reducing our expenses to increase our bottom line profit or take-home pay. Well, it does not take a rocket scientist to understand there are two ways to increase the bottom line: increase revenue and decrease expenses.