Snubbed: Deliveroo cyclists are not being included in the share scheme
Takeaway delivery firm Deliveroo is dishing out £10million of share options to staff – but not to the army of riders who whisk its food to customers.
William Shu, the company’s chief executive, told employees that they were being given stock because ‘Deliveroo’s success is not just my success’.
The stock options, worth an average of £5,000 each, will be handed to about 2,000 staff, many of whom are based in London.
But its 15,000 riders, whose green and black outfits have become a common sight in many cities, will not benefit because they are classed as self-employed contractors.
That means they are not entitled to receive the national minimum wage or holiday pay.