Uber announced that it will be offering financial assistance to drivers who contract COVID-19. The financial assistance will span a period of 14 days, and it will also be available to any drivers who are facing self-quarantine by public health officials. Uber will be basing the financial assistance based on what each driver would typically earn.
The ride-hailing company released a statement about the new policy, stating "We believe this policy lets us fairly support both people who use the platform once in a while to supplement their income, as well as those who primarily rely on our platform to pay their bills."
These actions taken by Uber could help to protect its drivers from financial uncertainty during the pandemic.
Ride-Hailing Financial Assistance
Uber Will Provide Assistance to Drivers Affected by COVID-19
Trend Themes
1. Ride-hailing Financial Assistance - Uber offers financial assistance to drivers affected by COVID-19.
2. Support for Self-quarantine - Uber provides financial assistance to drivers facing self-quarantine.
3. Fair Compensation Policy - Uber bases financial assistance on a driver's typical earnings.
Industry Implications
1. Ride-hailing - Ride-hailing companies can implement financial assistance programs to support drivers during crises.
2. Gig Economy - Supporting gig workers during unexpected circumstances can build loyalty and trust in the gig economy.
3. Transportation - Financial assistance policies can help protect the livelihoods of workers in the transportation industry during challenging times.