Lyft CEO David Risher Breaks Silence On Paying Drivers More

Was that right for Lyft’s chief executive officer to break his silence, or he should’ve just kept mum? Well, he recently did this interview with correspondents from The Verge, a popular technology and lifestyle publication, sharing his thoughts on paying Lyft drivers more.

But, wait a second, how much really does a Lyft driver earn?

Well, on the surface, it depends on the prices at the current hour – think surge pricing – and it depends on how industrious the driver is. However, there are statistics and data that show the figures.

Netizens on Facebook are saying that Lyft drivers in their area earn approximately over $200 a day, and sometimes even more if they drive tourists. That’s huge.

Meanwhile, over on Business Insider, on average, Lyft drivers earn around $24 in an hour. Not bad, either.

But the reality looms. Lyft is second only to Uber in terms of popularity and everything, and so, at the very least, Uber drivers are complaining that rates that the app pays them are low, so they’d prefer looking for passengers privately.

The Verge is right in asking Risher whether Lyft is ready to increase the rates of their drivers. Sounds like an ocean to you, doesn’t it?

One of the driving forces behind this action is that Risher believes that self-driving cars are still far from becoming a reality, so for how Lyft helps people find a living. However, he is aware of the threat of robotaxis to the jobs of these drivers, so the right action must be taken.

“To be able to pay drivers what we needed to pay them and to be able to charge riders what they wanted to, what they could afford. So again, if you start with the idea that customer obsession is what’s going to drive our profitable growth… And that was the thesis. The thesis… I can tell you the whole conversation about how I got selected for this job and how I said no to it, but eventually said yes,” Risher told ridesharing media.

Still vague, but you get the point. Now, it’s time to share your thoughts. Sign up for your account today on Ridesharing Forum to participate in the discussions.