Secure Online Order Form -- CompanionLink: "TOTAL: $14.95 (subscription automatically renews)
By placing an order, you are agreeing to CompanionLink Software's
license agreement and warranty terms.
Click once only. (May take up to 30 seconds. Please be patient.)"
'via Blog this'
Friday, June 19, 2015
Wednesday, June 17, 2015
Uber Drivers are Employees not Independent Contractors! - Stopuber
Uber Drivers are Employees not Independent Contractors! - Stopuber: "Classifying drivers as employees would be costly for Uber, which relies heavily on contractors. In California, for example, the company would have to reimburse employees for gas, tolls and insurance and would also be on the hook for unemployment insurance, workers’ compensation, Social Security and other benefits.
Uber classifies its drivers as contractors, and requires them to pay expenses from their own pockets. Unlike taxi or limousine services, Uber doesn’t directly employ drivers, nor does it own or maintain the vehicles used by the drivers.
Earlier this month, Uber lost a bid to force arbitration in a federal lawsuit brought in San Francisco by its drivers. Earlier this year, the same court rejected Uber’s bid to deem its drivers independent contractors, saying a jury would rule on their status.
In Florida, a state agency ruled earlier this year that Uber drivers are employees. Uber wake up! The drivers are the backbone of your 50 Billion operation and you should start treating them as employees and not as scabs!"
'via Blog this'
Uber classifies its drivers as contractors, and requires them to pay expenses from their own pockets. Unlike taxi or limousine services, Uber doesn’t directly employ drivers, nor does it own or maintain the vehicles used by the drivers.
Earlier this month, Uber lost a bid to force arbitration in a federal lawsuit brought in San Francisco by its drivers. Earlier this year, the same court rejected Uber’s bid to deem its drivers independent contractors, saying a jury would rule on their status.
In Florida, a state agency ruled earlier this year that Uber drivers are employees. Uber wake up! The drivers are the backbone of your 50 Billion operation and you should start treating them as employees and not as scabs!"
'via Blog this'
California labor commission rules Uber drivers are employees - Business Insider
California labor commission rules Uber drivers are employees - Business Insider: "By the way, this ruling isn't just a huge deal for Uber and Lyft. There have been a lot of "Uber for X" startups to follow in their wake: $1 billion startup Instacart, for example, has contract workers deliver groceries; $250 million startup Shyp has regular people mail things for customers. If these companies, which are referred to as the 1099 economy, can no longer have independent contract workers, all of their business models are shot.
And if their business models are shot, that's pretty bad news for investors who have been pouring unprecedented amounts of money into private companies over the past few years.
Their investments have allowed startups to stay private longer and avoid going public or getting acquired. That means venture capitalists and startup employees haven't had much chance to gain liquidity.
So while Uber is a $50 billion company on paper and investors currently look like gods who will get crazy returns someday, many actually haven't actually gotten much cash back yet. This concept — pouring lots of money into companies without seeing a cash return — is called a "dry bubble." And as Uber board member Bill Gurly recently tweeted:
"Wet bubbles (1999) are more fun than dry ones (2015)."
Here's a copy of the Uber ruling, from June 16. Driverless cars are probably starting to look pretty good to Uber right about now.
Uber California ruling"
'via Blog this'
And if their business models are shot, that's pretty bad news for investors who have been pouring unprecedented amounts of money into private companies over the past few years.
Their investments have allowed startups to stay private longer and avoid going public or getting acquired. That means venture capitalists and startup employees haven't had much chance to gain liquidity.
So while Uber is a $50 billion company on paper and investors currently look like gods who will get crazy returns someday, many actually haven't actually gotten much cash back yet. This concept — pouring lots of money into companies without seeing a cash return — is called a "dry bubble." And as Uber board member Bill Gurly recently tweeted:
"Wet bubbles (1999) are more fun than dry ones (2015)."
Here's a copy of the Uber ruling, from June 16. Driverless cars are probably starting to look pretty good to Uber right about now.
Uber California ruling"
'via Blog this'
Subscribe to:
Posts (Atom)