Lyft is piloting a savings account program for drivers in Utah (exclusive)
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Lyft has been investing in a number of driver-focused initiatives in recent months in an attempt to keep drivers’ hours up.
Lyft is testing out what it’s calling a “first-of-its-kind” program for Utah drivers starting January 1 in which the rideshare giant will offer to contribute 7% of eligible drivers’ quarterly earnings into savings accounts to be used for things like benefits or cover paid time off.