3 ms·

$10k for 60 hours, $5k for 40 hours? Here are a few choice words for Lyft: Fuck you.

• _delirium 12y ago
  It looks like it's some kind of revenue guarantee, which might be attractive to some people if they worry about hitting those revenue targets, although it depends on expenses and other opportunities. They're guaranteeing effectively either $38/hr revenue if you commit to 60 hrs, or $28/hr revenue if you commit to 40 hrs, in both cases prior to expenses (gas, maintenance, etc.). Not sure how to estimate what that'd work out to as income post-expenses. Conditioning the payment on a 60-hour commit seems questionable, although I assume they had their lawyers vet it. Independent contractors are exempt from a lot of labor law, but things get dicier if you contract them in such a way that they become de-facto employees working full-time for you and unable to take other work.
• Tarang 12y ago
  Can someone put this into context. It sounds like a huge sum? What would someone with a taxi license & without Lyft typically earn?
  • AJ007 12y ago
    Attractive, but demanding, and who knows how long it could last, a month or two? Less the expenses it sounds like a number that could attract the providers what they need.
  • ceejayoz 12y ago
    As a contractor, you're responsible for gas, vehicle, maintenance, insurance, and a taxi license. I'd imagine that eats up a surprising amount of the total.
• deleted 12y ago
  [deleted]