Grab to offer drivers guaranteed gross income of $6,888 to $11,888 before deducting costs

Grab will introduce a tiered rewards programme pegged to weekly trip targets by the end of October 2018.
Grab will introduce a tiered rewards programme pegged to weekly trip targets by the end of October 2018.ST PHOTO: KELVIN CHNG

SINGAPORE - In a move to shore up its position in preparation for the arrival of a new rival, ride-hailing firm Grab is rolling out a guaranteed income scheme for its drivers.

By the end of this month, the five-year-old company will introduce a tiered rewards programme pegged to weekly trip targets. It will guarantee gross monthly incomes of $6,888 to $11,888, before deducting costs such as rental and fuel.

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