Cab aggregator Ola is adopting standardised driver commissions and moving away from an incentive-driven model to give its drivers better visibility into their earnings in a bid to revive the supply of drivers that has taken a hit over the past year.
The ride-hailing company is also making a strong push towards leasing business to cater to new high-margin categories like corporate, self-drive and scooter rentals, people familiar with the development told ET.
Over the last two months, Ola has been standardising commissions it charges drivers at 25% nationally to offer predictability of income to its driver partners, they said. “With this move, drivers are clearly able to ascertain earning and differentiate it from variable incentives,” a person directly aware of the matter said. The commission excludes taxes levied by states.
Source: Economic Times