Deliveroo employees are getting shares, riders are getting nothing

创业投资 2018-05-16 阅读原文

Food delivery startup Deliveroo
is feeling generous today. The company is handing out
equity to all full-time staff members. In other words, 2,000 employees are going to receive the equivalent of $13.5 million inshares.

“Our phenomenal growth and success has been made possible thanks to the hard work, commitment and passion of the people who make this company what it is,” co-founder and CEO Will Shu told Reuters
. “And that deserves recognition which is why I want all employees to be owners in Deliveroo and to have a real stake in the company’s future as we expand and grow.”

This is a great way to prove that you care about your employees. And yet, there are a few caveats.

First, the company is currently worthover $2 billion. In total, Deliveroo is just handing out 0.675 percent of the company to its employees. I’m sure plenty of early employees already have equity.

But those who joined more recently aren’t likely to get rich over this — it represents a $6,750 equity bonus per employee on average. And shares usually vest after a certain amount of time.

Second, this is the perfect example of the gig economy. In addition to the usual benefits, full-time employees are getting rewarded once again. If you’re a self-employed rider, Deliveroo doesn’t want to thank you.

Arguably, Deliveroo still thinks that riders are disposable. They might be the ones who pick up food in restaurants and hand it to customers, but they will never be full-time employees.

Sure, Deliveroo and Uber Eats are now providing free accident insurance coverage
, but it mostly covers hospital bills. Riders have been asking for better rights, and this insurance package is just a good way to ease the pressure.

Working with contractors at scale is the backbone of Uber, Deliveroo and many other on-demand startups. This way, startups don’t have to pay the minimum wage or expensive benefits. Startups can also terminate their relationships with their ‘partners’ without any consequence.

It’s a great way to pressure your contractors in working more for less money. And today’s move by Deliveroo is further proof that riders are just an afterthought.




易到员工组团讨要股权,联合创始人杨芸:乐视想独吞... 编者按:本文来自 凤凰科技 ,作者:马晓宁;36氪经授权发布。 被韬蕴资本接手之后,远离乐视危机的易到并没有按照外界的预期步入发展正轨。几个月以来,这家公司的负面新闻仍然不断,司机的提现问题还未彻底解决,易到与合作伙伴之间的矛盾又...
How Franchisors Can Determine Royalty Structure You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Royalty payments are paid for ...
Why Today is a Big Deal for 43 Percent of the Work... Take a seat, Corporate America. Today is the day to celebrate a trend that almost half of all U.S. employees are shif...
Go the Extra Mile If You Want to Achieve Excellenc... Opinions expressed by Entrepreneur contributors are their own. I see so many people searching and struggling...
区块链世界作死指南 比特币最近又开始涨价了。 就在2月16日,比特币似乎也开始了春节的狂欢,价格重回10000美元,并且一路企稳向好,截止到撰稿日期,价格已经涨到了10700美元。看着一路上扬的曲线,当初比特币暴跌到6000美元引发的震撼与恐慌,似乎都已经...