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- Lyft is expanding into new products, such as self-driving cars.
- Software engineers can earn base salaries of as much as $300,000, work visa data shows.
- Here’s what the ride-hailing service pays some tech workers, from data scientists to designers.
Lyft became one of the biggest ride-hailing apps in the US over the last 13 years. Now, it’s set up for its next stage of growth.
The service, which relies on about 1 million gig-worker drivers, is breaking into new areas, including launching this year a service for older riders called Lyft Silver. Like rival Uber, Lyft is also experimenting with self-driving cars, a development that CEO David Risher said could be “transformational.”
“A new Lyft is emerging,” Risher said on the company’s second-quarter earnings call in August, where it reported new highs for gross bookings, adjusted earnings, and free cash flow during its second quarter. “Not only are we consistently delivering for riders and drivers, but that customer obsession is producing record results quarter after quarter, and our momentum is building.”
All of that requires hiring the right people. In early September, Lyft had about 150 open positions listed on its website. Many of the jobs were in data analytics, data science, and software engineering.
Work visa data shows that Lyft sought to hire 114 workers through the H-1B program in the first three quarters of this reporting year, which ran from October 1 to June 30, based on filings with the US Department of Labor. That’s up from 70 for the same period in the previous reporting year.
Lyft did not respond to a request for comment from Business Insider.
Companies are required to submit this work visa data, including salary information, to the US Department of Labor for foreign hires. The compensation figures don’t include equity or other benefits that employees can receive in addition to base pay. However, the salaries in the filings are benchmarked against industry average pay rates for similar roles and can give insight into what the company pays for those jobs.
Here’s a look at some of the annual salaries for Lyft jobs included in the disclosures:
Data science positions can make as much as $300,000
Data Science Manager: $176,000 to $300,000
Data Scientist: $120,000 to $264,000
Data Engineer: $130,250 to $222,000
Software engineers can make as much as $300,000
Software Engineer: $128,000 to $264,000
Staff Software Engineer: $181,000 to $300,000
Senior Software Engineer: $144,000 to $207,500
Network Engineer: $115,000 to $165,000
Engineering Manager: $148,000 to $264,000
Data analytics and business intelligence jobs can make as much as $177,000
Business Systems Engineer: $138,000 to $176,880
Data Analyst: $118,000 to $177,000
Product roles can make as much as $264,000
Product Manager: $148,000 to $264,000
Product Designer: $124,000 to $155,000
Other positions can make as much as $222,000
Actuarial Analyst: $108,000 to $192,000
Designer: $99,360 to $222,000
Senior Analyst: $123,280 to $207,000
Financial Data Analyst: $90,000 to $162,000
Do you have a story to share about Lyft? Contact this reporter at abitter@businessinsider.com or 808-854-4501.
