Lyft Power Driver Bonus 2019 – What is Lyft’s Power Driver Bonus program?
How does Lyft Power Driver Bonus work? What is Lyft Power Driver Bonus?
Th Lyft Power Driver program is a rewards program from Lyft Drivers, designed to reward drivers based on the number of rides given – the more a driver works, the more they earn. Drivers who reach a certain point in a week are able to earn back their commissions either in part or in total.
Where is Lyft Power Driver Bonus available?
Lyft’s Power Driver Bonus incentive system is currently available (in 2017) in the following cities:
It’s worth noting: Lyft updates their list of regions where PDB is available every few months, so check with Lyft Support to make sure the Power Driver Bonus program is currently available in your area.
Lyft Power Driver Bonus Requirements
In order to be eligible for the Lyft Power Driver Bonus a driver must meet certain requirements. Most importantly, the program must be available in the driver’s city (see list above), and a driver’s car must be of a specific year or newer model to be eligible (see list of Lyft vehicle age requirements here).
Each driver has a ‘driver dashboard’ which will stipulate ride requirements, which may include a minimum number of peak rides (rides given during the peak times), and the driver must have a 90% acceptance rate in that week. The program rolls over each week, so drivers may be ineligible one week and eligible the next.
How does Power Driver Bonus work?
Effectively, Lyft’s Power Driver Bonus has 2 levels:
Drivers can earn either 10% or 20% extra every week, depending on their location & performance. (Notably, these percentages work to cancel out a large percentage of Lyft’s 25% commission, so PDB is an effective program for drivers looking to boost their weekly profit margins).
- To be eligible for Power Driver Bonus, Lyft Drivers must operate a vehicle that is from the year 2011 (or newer).
- Lyft drivers must complete a given number of rides per week during peak hours – i.e., high-demand hours. High-demand ‘peak hours’ differ depending on city, and change each week.
- Lyft drivers must complete a given number of rides per week. The total number of hours a Lyft driver must complete differs by city, and changes each week.
- Lyft drivers must maintain a 90% (or higher) acceptance rate. Lyft’s acceptance rate is calculated as follows: the number of trips a Lyft drivers completes each week, divided by the total number of requests a driver receives.
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