Deliveroo to reward riders with bonuses up to £10,000

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Deliveroo says its riders could be in line for a bonus of up to £10,000 ahead of the company listing its shares on the UK stock market.

More than a quarter of the food delivery company’s employees will share from a ‘Thank You’ reward pot of £16million.

Only those who have worked with Deliveroo for a year and completed 2,000 orders will be eligible, with the average payment being £440, reports the Mirror Online.

The payment will be calculated on a sliding scale based on number of deliveries, from £200 up to £10,000.

Deliveroo opens on the London Stock Exchange later this month and is expected to be valued at around £5billion.

The company will make £50m worth of shares (called IPOs) available to customers, up to a value of £1,000 each.

Deliveroo says these shares will be prioritised by loyalty.

Will Shu, founder of Deliveroo, said: “Far too often normal people are locked out of IPOs, and the only participants are the institutional investors.

“I wanted to give as many customers as possible the chance to become shareholders, which is why we’re making available £50m of shares available to them, alongside our restaurant partners and riders.

“I want to thank our riders who have been working with us for years, delivering great food and such a fantastic experience for our customers.


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“Some of these riders have been with us since the start and I’m delighted that they can share in the excitement of the company’s next chapter.”

Deliveroo was established in 2013 and now works with 140,000 restaurants and 110,000 riders across the globe.



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