HOVR addresses the number one issue in ride sharing: driver pay and the equitable distribution of fees for drivers. This ground-breaking approach occurs at a time when heightened Driver concern for financial wellness is of critical importance to them, since the leading ride-share companies only give a small portion of the ride fare to the driver. With the tagline "100% Fare is 100% Fair," HOVR is dedicated to providing a transparent and equitable ride-share service where driver’s earn 100% of their fares and pay a flat monthly fee to access HOVR’s proprietary platform, where they can see what riders pay and riders can see what the drivers get paid. In an online survey, over 50% of HOVR riders chose HOVR because of our commitment to higher driver pay.
Driver dissatisfaction with compensation structures is growing:
- Competitor platforms take 35-45% of ride fare
- More than 50% of Uber Drivers quit after 1-yr
- Pay is the single most important need
Drivers in Toronto Currently earn less than Half of Minimum wage.