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Lyft
3.6
based on 6 Reviews
Working at Lyft
Company Summary
0
Overall Rating
3.6/5
based on 6 reviews
5% below
industry average
Highly rated for
Work-life balance
Critically rated for
Job security, Work satisfaction
Work Policy
Monday to Friday
60% employees reported
Flexible timing
100% employees reported
No travel
100% employees reported
View detailed work policy
About Lyft
Founded in2012 (13 yrs old)
India Employee Count--
Global Employee Count--
HeadquartersSan Francisco,California, United States
Office Locations
--
Websitelyft.com
Primary Industry
Other Industries
--
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Lyft Ratings
based on 6 reviews
Overall Rating
3.6/5
How AmbitionBox ratings work?
5
2
4
0
3
4
2
0
1
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Category Ratings
4.0
Work-life balance
3.7
Skill development
3.6
Salary
3.4
Company culture
3.4
Promotions
3.1
Work satisfaction
2.2
Job security
Lyft is rated 3.6 out of 5 stars on AmbitionBox, based on 6 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Lyft Reviews
Compare Lyft with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.6/5 based on 6 reviews | 3.4/5 based on 1.9k reviews | 3.8/5 based on 92 reviews | 4.2/5 based on 838 reviews |
Highly Rated for | Work-life balance | No highly rated category | Work-life balance Company culture Work satisfaction | Work-life balance Salary Company culture |
Critically Rated for | Job security Work satisfaction | Job security Promotions Company culture | No critically rated category | No critically rated category |
Primary Work Policy | - | Work from office 81% employees reported | - | Hybrid 61% employees reported |
Rating by Women Employees | 3.9 Good rated by 2 women | 3.5 Good rated by 232 women | 4.3 Good rated by 14 women | 4.4 Good rated by 196 women |
Rating by Men Employees | 3.6 Good rated by 3 men | 3.4 Average rated by 1.5k men | 3.7 Good rated by 72 men | 4.2 Good rated by 515 men |
Job security | 2.2 Poor | 2.7 Poor | 3.6 Good | 3.6 Good |
View more
Lyft Salaries
Lyft salaries have received with an average score of 3.6 out of 5 by 6 employees.
Software Engineer
(5 salaries)
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₹18 L/yr - ₹1.3 Cr/yr
Senior Software Engineer
(4 salaries)
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₹58 L/yr - ₹2.1 Cr/yr
Digital Marketing Executive
(1 salaries)
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₹0.1 L/yr - ₹0.1 L/yr
Senior Android Engineer
(1 salaries)
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₹96 L/yr - ₹1.1 Cr/yr
Material Planner
(1 salaries)
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₹23.4 L/yr - ₹29.9 L/yr
Backend Developer
(1 salaries)
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₹0.9 L/yr - ₹1.2 L/yr
Senior Business Intelligence Analyst
(1 salaries)
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₹22.5 L/yr - ₹28.8 L/yr
General Manager
(1 salaries)
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₹96 L/yr - ₹1.1 Cr/yr
Front end Developer
(1 salaries)
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₹29.9 L/yr - ₹38.2 L/yr
Lyft News
View all
Your boss is watching
- Driving for Uber and Lyft in the San Francisco Bay Area involves low-paying rides and constant monitoring of acceptance rates for drivers like Dora Manriquez, who had to file for bankruptcy due to insufficient earnings.
- Companies are increasingly monitoring remote or hybrid workers, with nearly 80% of surveyed companies utilizing some form of surveillance, raising concerns about privacy and worker protection.
- The data collected from electronic surveillance is used to create algorithms that impact hiring, firing, and promotions, potentially leading to increased automation and productivity pressures on workers.
- Historically, data-driven approaches to work optimization trace back to the late 19th century, with a focus on efficiency that led to power imbalances between employers and workers in the US.
- The lack of adequate laws protecting workers' privacy in the face of electronic monitoring and algorithmic management highlights the need for stronger regulations to safeguard worker rights.
- Amazon's use of algorithms to set work pace in warehouses has raised concerns about worker injuries and the human cost of data-driven labor optimization.
- State-level regulations like the California Consumer Privacy Act (CCPA) have extended some protections to workers, but enforcement and worker education on data privacy remain challenges.
- The influence of electronically collected data on performance evaluations and job roles is reshaping workplace dynamics, with workers facing new challenges in understanding and complying with algorithmic assessments.
- Unions and advocacy groups are pushing for policies to address worker rights in the age of algorithmic management, emphasizing the need for socially protective measures to ensure dignity and agency in the workplace.
- As electronic monitoring proliferates across industries, there is a growing call for legislation and practices that prioritize human values and worker well-being in the face of technological advancements.
- The evolving landscape of electronic monitoring and data-driven management underscores the importance of rebalancing power dynamics to uphold workers' rights and human dignity in the workplace.
TechnologyReview | 24 Feb, 2025
Android 16’s Live Update Notifications Look Awesome
- Android 16 introduces Live Updates, a new notification type to track ongoing activities.
- Live Updates can be used for ride sharing, food delivery, and navigation activities.
- With Live Updates, notifications can be updated in real time to track the progress of orders.
- No official list of apps supporting Live Updates is available yet, but Lyft, Uber, and UberEats seem likely candidates.
Droid-Life | 22 Feb, 2025
Stellantis Debuts System to Handle ‘Routine Driving Tasks’ for Motorists
- Carmaker Stellantis has announced the launch of STLA Autodrive, its automated driving system that enables motorists to reduce their workload in stop-and-go traffic.
- STLA Autodrive allows drivers to engage in non-driving tasks such as watching movies, reading or catching up on emails while the system handles routine driving tasks.
- The company is working on advancements to enable the system to operate at speeds up to 60 mph with enhanced off-road automation for select models.
- Lyft has detailed plans to launch self-driving robotaxis in Dallas next year, aiming to scale the service to thousands of vehicles in multiple cities, tapping into the growing autonomous vehicle market.
Pymnts | 21 Feb, 2025
To Make More Money, Uber And Lyft Drivers Are Creating Their Own Apps And Co-Ops
- To fight back against the lack of money made by driving people around, drivers for Lyft and Uber are creating ride-hailing cooperatives and apps to make up for the lost wages.
- Cooperatives are non-profit business models that some drivers say work in better favor for them, providing transparent policies around driver-related issues.
- In major metro areas like New York City and Denver, cooperatives already exist and are thriving, offering drivers a more sustainable option for greater wages.
- The hope is for co-ops to combat more areas other than payment and deactivated accounts, such as improving safety for drivers and riders.
Blackenterprise | 19 Feb, 2025
Gig workers worked more but earned less in 2024, a new study shows
- Gig workers for Uber, Instacart, and other services earned less money in 2024, according to a study by Gridwise.
- Despite working more hours, Uber ride-hailing drivers' earnings fell 3.4%, while Lyft drivers' pay declined 13.9%.
- Delivery workers for DoorDash and Amazon Flex saw an increase in earnings, but the number of hours worked also rose.
- Gig workers have reported increased competition and a decline in job profitability.
Insider | 18 Feb, 2025
Uber and Lyft drivers are teaming up and creating their own apps to make more money
- Some Uber and Lyft drivers are creating cooperatives to increase earnings and improve working conditions.
- These driver-owned cooperatives aim to set up their own apps and implement transparent policies.
- Existing driver co-ops, such as The Drivers Cooperative in New York City, have already reported better returns for drivers.
- Cooperatives also address issues like driver deactivations and safety concerns, providing a more supportive environment for drivers.
Insider | 17 Feb, 2025
Report: Anthropic Set to Launch Hybrid AI Model With Variable Reasoning Levels
- Anthropic plans to launch a hybrid AI model with variable reasoning levels.
- The model allows developers to control computational resources for cost management.
- Anthropic aims to attract the enterprise market with its cost-effective approach.
- Anthropic's collaboration with Lyft involves developing AI products for enhanced rideshare experience.
Pymnts | 14 Feb, 2025
Lyft Toledo Case Study: My Approach to Maximizing Revenue
- The article discusses a case study focused on maximizing revenue for Lyft in Toledo.
- Key metrics include a net revenue per ride of $6 and a 60% match rate for finding a ride.
- Unit economics considerations involve driver and rider acquisition costs, churn rates, and pricing constraints.
- The goal is to increase net revenue over the next 12 months while optimizing driver's take per trip.
- The author employs mathematical analysis and assumptions to determine the optimal pricing strategy.
- By assuming an inverse linear relationship between match rate and revenue, the author calculates ideal take values.
- Various interpolation techniques are used to derive a function representing revenue for different take values.
- Balancing accuracy and precision, the author determines a revenue of $19,476.11 and an optimal take of $4.06.
- The analysis reveals a positive change in the driver's take by +$1.94 to maximize revenue.
- Overall, the study projects initial losses but anticipates growth and profitability in subsequent years.
Medium | 13 Feb, 2025
Lyft shares sink 9% on underwhelming fourth-quarter results
- Lyft shares dropped more than 9% after reporting disappointing Q4 results and weak bookings guidance.
- Revenues for Q4 came in at $1.55 billion, slightly lower than the expected $1.56 billion.
- Lyft anticipates a slowdown in gross bookings due to lower pricing and the end of its partnership with Delta Air Lines.
- The company announced a $500 million share repurchase plan and plans to launch Mobileye-powered taxis in Dallas by 2026.
CNBC | 12 Feb, 2025
Lyft’s 2024 Success Driven by Customer Focus, Price Lock Service
- Lyft reported successful growth in 2024, driven by a focus on driver satisfaction and service reliability.
- The company's 'customer obsession' contributed to a record number of active riders and the highest-ever number of driver hours.
- Lyft's introduction of the Price Lock service, offering consistent pricing to riders, has been well-received and is expected to benefit the company.
- Despite the positive performance, Lyft anticipates challenges and competition as it looks to expand with autonomous robotaxis and overcome inertia.
Pymnts | 12 Feb, 2025
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Lyft FAQs
When was Lyft founded?
Lyft was founded in 2012. The company has been operating for 13 years primarily in the Internet sector.
Where is the Lyft headquarters located?
Lyft is headquartered in San Francisco,California.
Does Lyft have good work-life balance?
Lyft has a work-life balance rating of 4.0 out of 5 based on 6 employee reviews on AmbitionBox. 33% employees rated Lyft 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read Lyft reviews for more details
Is Lyft good for career growth?
Career growth at Lyft is rated as moderate, with a promotions and appraisal rating of 3.4. 67% employees rated Lyft 3 or below, while 33% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Lyft reviews for more detailed insights.
What are the pros and cons of working in Lyft?
Working at Lyft comes with several advantages and disadvantages. It is highly rated for work life balance. However, it is poorly rated for job security and work satisfaction, based on 6 employee reviews on AmbitionBox.
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