Street Cred Capital, Grubhub Start Sales Incentive for Mobile Carrier Workers

Street Cred Capital, which provides lending solutions for mobile companies, will be working with Grubhub on a new incentive program for mobile carriers, the companies announced Thursday (June 2).

The Meals for Deals program will add incentives for mobile carriers for sales performances, with sales goals being rewarded with meal credits.

Street Cred Capital will work alongside mobile carriers and merchants on collecting sales data reports every month, per the release. From there, it will give a tiered reward list to incentivize the best sellers.

Street Cred Capital plans to issue Grubhub meal credits for employees who have gotten to those tiers every month. This will help with Grubhub’s usual corporate offering, letting employees access a daily or weekly stipend via credit.

The release noted that the program’s benefits include full-service account management, with no costs or fees. The rewards are directly delivered to employees, and the companies said this can also be a good employee incentive and retention tool.

“At Street Cred, our first priority is to enable partner success via innovative mobile-centric tools that increase sales performance and deliver high customer satisfaction,” said Clint Fayling, CEO and founder of Street Cred Capital. “This first-of-its-kind partnership combines the unlikely combination of finance and food delivery, with a net result of rewarding employees that strive to provide the best customer experience.”

Last month, PYMNTS wrote that the freelance workforce has been growing as more people buy into flexible and remote working routines.

Read more: Legacy Payments Don’t Cut It With the Growing Freelance Workforce

This comes as there is also a lack of options for freelancers, even as the bigger companies keep chugging on with resources not available to smaller companies.

Freelancers “lack options when it comes to tools and resources tailored to basic needs such as creating portfolios, managing clients and issuing invoices,” the report said.

Albert Azis-Clauson, founder and CEO of UnderPinned, a tool for freelancers, said there are new types of customers that the company could target, including gig workers being competitive on prices, freelancers working on project-based work and contractors who are long-term non-employees.

“We are focused on the middle section, [that is] value by project-based work. What we’re trying to do is build systems to help people build successful careers and businesses as a freelancer,” Azis-Clauson said.