This post was written by guest contributor John Sollars, who is a full time driver and runs the blog RideshareDriver.com. He is a regular contributor to SherpaShareBlog.com.
Remember those news stories that were written every time a new Walmart opened? People were lining up every time a new one opened to apply for the same low paying jobs that everyone complained about. Does the extremely high turnover due to the lowering of rates sound familiar? Uber and Lyft are doing the same thing and raising sign on bonuses in order keep their driver force growing faster at a commensurate rate, but is it sustainable?
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