Could A Minimum Wage Work In The Gig Economy?
Favor, an on-demand delivery startup with 10,000 drivers, has an unusual policy: a minimum wage.
Like many "gig economy" companies, delivery services DoorDash and Postmates pay their drivers per delivery. If a driver logs into the app during a slow time, he won't be paid until there's a job available for him to complete. If it's a slow day, and he waits 20 minutes between deliveries, he won't be paid to wait for the next job.
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