GRAB'S PLAN FOR 2019

1) The preferred plan - Grab will no longer deduct a commission based on percentage. Instead drivers will be paid based on mileage & minutes. There will be a normal km&min rate along with a dynamically set one based on surges. SURGE itself will no longer be associated with a multiplier. During a surge, passengers will of course be hit with a multiplier but drivers will only be paid extra surge cents per km&min. The difference between the two is Grab's profit.

This is to be the new deal for both new recruits and existing drivers (existing drivers logging into their app will be greeted with a 99 page TOS to which they will have to agree in order to continue grabbing)

All this is only possible if everyone's using grabpay. (driver app will not show passengers fare only his earnings; this is essential) Since majority are cash transactions this plan is doomed or at least shelved until the cashless future is here.

PLAN 1 STATUS: Unimplementable

GRAB'S PLAN FOR 2019 (continued)

2) Commission + additional fees per trip:

a) network fee
b) airport fee
c) service/booking fee
d) safety fee

Doesn't matter what they're called but the fees, they are a coming...

Uber started with safety fees - everybody grudgingly accepted why not since it enhances safety until drivers learnt 'safety' meant driver background checks. One lawsuit later Uber changed it to booking fee.

Uber's even charging some sort of climate change fee in London for clean energy research (*cough* self driving cars *cough*)

Total take home pay of Grab will be around 40% of fare...

PLAN 2 STATUS: Coming soon

Drivers will surely sour at the above but thats ok, high turnover is expected there will always be new drivers queueing outside grab offices. In fact collective driver behaviour has shown that there is a lot more that can be extracted from this group so long as its done incrementally.

The above plans are essential if Grab is to realise a profit before going for an IPO.
Grab's corporate overhead is high. The CEO,CFO,CTO, VPs and lawyers all need to be paid. A new 180 million dollar HQ. Funding research for autonomous vehicles - none of these can be sustained with 20-25% commission i mean really...

With all due respect, incrementalism dude. bit by bit.

By ministerial fiat comm is capped at 20% come July. The first step will be a baby step - just to recover the lost 5%. Then a few months for everyone to cool off and then...

Can any driver who has grabbed for many years tell me that he has made more in the 2nd/3rd year compared to the first year? Without putting in more hours ?

Can any driver who has grabbed last year tell me he earned more in the 2nd half of 2018 compared to the first half ? Without putting in more hours ?

If you made X dollars this year, next year you will make even less than X. You know that. Surely you know that.

People here, they want to see how far rates can be cut and still have drivers on the road. Never mind if its a grumbling driver. A grumbling driver is still a driver...

Yes, *you* won't put up with this but you don't speak for all drivers now do you ?

If the above post seems arrogant, sorry not my intention.