In a great example for one possible future of the ridesharing industry, a cooperative of 2,500 New York drivers has created a new company that will give everyone better rates of pay and claims rides will be cheaper for users.
It launched this past weekend, with drivers being paid 10% above minimum wages for the industry as well as profit share via dividends to the collective ownership group.
The driver sign-up page at The Drivers’ Cooperative website also points out drivers will become eligible to join a credit union and will get better deals on auto loans. Lots of benefits plus, you know, a share of ownership of the entire business!
Sounds like what ridesharing should actually sound like.
Seamus runs Byteside. You may also have spotted his words at the Australian Financial Review, the ABC, Junkee, Gamespot, The Esports Observer, CNET, Gizmodo and a few other spots over the years. He's very happy that he gets to nerd out for a living.
