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Even if you’re not a frequent Grab user, you must have seen or at least heard about reports of rising Grab fares and driver shortages.
Since pandemic restrictions eased up and the public resumed normal activities, traffic around city hotspots like Kuala Lumpur and Putrajaya has been horrendous, to put it lightly. More people are heading out, so the demand for e-hailing services has also seen a sudden increase.
That, combined with a 30% drop in registered Grab drivers, has caused the fares to surge greatly. It’s simply an issue of too much demand and too little supply
To combat the issue, Grab Malaysia has recently announced that it will be offering up to RM1,000 as a sign-up bonus for new drivers who register between 1 June to 31st July 2022.
To qualify for the sign-up bonus, the new drivers are required to fulfil a minimum number of trips. They will also be entitled to existing subsidies that will help to alleviate the cost of ehailing regulatory requirements. Grab did not specify the exact number of this minimum requirement.
On top of that, Grab will also be extending its existing reimbursement policy to up to 100% of the total regulatory compliance cost. Previously, potential ehailing drivers must pay around RM500 as part of regulatory requirements to get a PSC license, six hours of training, pass exams and vehicle inspection and purchase insurance, amongst others. Grab is looking to help minimise the cost burden for new drivers with the reimbursement extension.
Meanwhile, existing Grab drivers can also benefit from a referral bonus programme if they refer new drivers to sign up with the platform.
If you’re interested to find out more about the sign-up bonus and other Grab driver benefits, please visit their website here.