Lyft has established itself as the clear number-two in the US ride-hailing market. Now, like rival Uber, it has to to prove it can turn its market share into a sustainable business. Doing so could make investors, who have gone back and forth on the company this year, more optimistic.
Lyft has shown some progress toward that goal. In the second quarter of this year, it hit a measure of profitability that strips away some expenses for the first time. But based on the standard measure of profitability accountants use, it's still losing money.
Insider analyzed filings the company submitted to the US government that describe how much it pays some of its employees in 18 roles. The US Office of Foreign Labor Certification requires companies to disclose compensation for permanent and temporary employees from outside the US to ensure the firms aren't paying them less than what their peers make, on average.
The salary data Insider reviewed is from the fourth quarter of 2020 through the second quarter of 2021 and represents either an average or range among employees included in Lyft's disclosures. Lyft declined a request for comment.
- Accountant: $97,667
- Analyst: $129,923
- Data scientist: $170,371
- Engineering manager: $235,654
- Industrial designer: $179,399
- Internal-communications designer: $120,500
- Material-planning manager: $115,000
- Network engineer: $122,000
- Payment-solutions manager: $179,000
- Product designer: $180,852
- Product manager: $186,612
- Quality engineer: $158,119
- Regulatory analyst: $90,000
- Software engineer: $189,100
- Solution architect: $190,000
- Systems engineer: $158,727
- Technical program manager: $182,614-$195,000
- UX researcher: $166,294
Are you a current or former Lyft employee? Do you have a news tip or opinion you'd like to share? Contact this reporter at mmatousek@insider.com, on Signal at 646-768-4712, or via his encrypted email address mmatousek@protonmail.com.
