Uber and Lyft are facing a new competitor, Juno, a taxi service that is dedicated to fostering human capital in order to keep employees happy and loyal. Uber and Lyft have been fighting to keep their drivers as independent contractors since their inception, but with Juno promising drivers stock, full employee status, paid vacation and sick leave they may have to reconsider. The tradeoff, however, is that the drivers will receive less commission than if they were to work for Uber or Lyft, receiving 10% vs. the competitor’s 20-25%. Juno currently only operates in New York City with approximately 13,000 drivers.
See "Uber Competitor In NYC Promises Drivers Benefits, Even Employee Status", Aarti Shahani, NPR, August 22, 2016