Deliveroo has revealed drivers and riders working for the brand could receive £10,000 each as part of its new £16 million ‘Thank You Fund’.
Long serving employees who have completed 2,000 orders and worked for the company for at least one year will receive £200 as part of the new scheme.
Payments of £10,000, £1,000, £500 and £200
Over a quarter of the firm’s workers are expected to benefit from the new fund, which is launching the day the company proposes to float on the UK stock market later this month.
The delivery service, which is one of the UK’s largest gig economy employers, said payments of £10,000, £1,000, £500 and £200, or local currency equivalents will be given out.
The payments will be calculated by reference to the number of orders completed by each eligible rider or driver.
The average payment per eligible rider will be £440.
Every rider who has worked for the delivery service for at least one year and has completed 2,000 orders will receive £200.
The maximum payment available will be made to those who have completed the highest number of orders in each market, meaning hundreds are set to receive the maximum of £10,000.
Deliveroo entering the stock market
Deliveroo is also offering customers a chance to get in on the company’s stock market launch, with an exclusive opportunity to buy stocks.
A total of £50 million of shares will be allocated to its customers as part of the transaction, the firm said.
The scheme will be eligible to any customers who place an order with Deliveroo, who will each have a chance to buy up to £1,000 of shares.
Customers wishing to apply must register interest in applying for shares via the Deliveroo app.
If the company’s venture into the stock market is confirmed, customers will be able to apply for shares via the PrimaryBid website.