Driver Earnings & Payout Policy
Transparent earnings structure and payout policies for GlideWay driver partners
Earnings Structure
80%
Driver Keeps
Of every fare earned
20%
Platform Fee
GlideWay service fee
100% of Tips Go to You
GlideWay never takes a cut from tips. All tips go directly to drivers.
Fare Calculation
$2.50
Base Fare
$1.50
Per Mile
$0.25
Per Minute
$5.00
Minimum Fare
Surge Pricing
During high-demand periods, fares may increase with surge multipliers (1.5x - 3.0x). Drivers receive the same 80% split on surge fares.
Payout Schedule
Weekly Payouts
Automatic deposits every Monday for the previous week's earnings.
No fees • Direct to your bank
Instant Cashout
Cash out your earnings instantly, up to 5 times per day.
$0.50 fee per instant cashout
Payment Processing
All payments processed securely via Stripe Connect
Bonuses & Incentives
Weekly Quest Bonuses
Complete a set number of trips in a week to earn bonus payments. Quests vary by market and demand.
Peak Hours
Extra earnings during busy times
Referral Bonus
Earn for referring drivers
New Driver Bonus
Complete first 50 trips
Tax Information
Important Tax Notice
- As an independent contractor, you are responsible for your own taxes
- GlideWay will issue a 1099-K form if earnings exceed $600 annually
- Track your mileage and expenses for potential deductions
- Consult a tax professional for personalized advice
Related Documents
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