Last week, Washington Gov. Jay Inslee signed a new law governing ride-hailing drivers that provides them with additional rights such as sick pay and minimum pay guarantees based on the time and distance they spend on each trip. Yet, drivers won’t get the full benefits...
Washington has become the first U.S. state to set earnings standards for ride-hailing companies after Governor Jay Inslee signed into law a minimum pay standard for Lyft and Uber drivers. As Reuters reported Friday (April 1), the law — signed Thursday (March 31) — said...
Gig economy drivers can face some complications when it comes to their auto insurance. First, when they turn on an app and start using their vehicle to generate revenue, their personal auto policy no longer provides coverage — they need a commercial policy. Beyond that,...
What was once novel in payments becomes table stakes, and what was once simply nice to have becomes an expectation. Jim Filice, vice president and head of new payments at Visa Canada, told PYMNTS that the gig economy — marked by flexibility, platforms and choice...
Amid ongoing reports of the difficult conditions faced by gig workers, aggregators are making moves to create more positive perceptions of the labor model. Instacart, for one, announced Thursday (March 10) the beginning of the rollout of a range of features meant to provide support...
Amazon has been changing its policies over the past few years like many companies and has been reckoning with consumers who seem to not want to go into physical supermarkets as much, CNBC wrote Tuesday (March 8). Amid increased competition from Walmart, other supermarket chains...
The next generation of small business owners, freelancers and gig workers have grown up using platforms like Venmo and other instant payments, giving them some expectations when it comes to the payments experience. “This new generation of workforce talent has grown accustomed to instant payment...
Uber will be testing a new algorithm for drivers that allows them to see pay and destinations before accepting a trip, according to a Reuters report Friday (Feb. 25). This will give drivers more incentives to take short rides, and aims to help attract more...
Inflation may be the tailwind that pushes all of us to become part of the gig economy. That’s a sweeping statement to be sure — exaggerated, yes, but revealing a fundamental truth. The higher cost of living is spurring many individuals to supplement their incomes...
