Driver Pay | Page 6 of 8

by Christian Perea on July 19, 2017 18 Comments

Big Changes Arrive For Lyft Line and (Probably) UberPOOL

Big changes are coming to Lyft Line, and it looks like UberPOOL may follow suit! But did Lyft really come up with this rate increase for drivers, or were they spurred to do it by Uber? Senior RSG contributor Christian Perea outlines what this rate increase for Lyft Line means for drivers, and what we may expect to see from UberPOOL.

We got some good news about shared rides on July 13th when Lyft announced they would increase what they pay to drivers for Lyft Lines to match the pay for Lyft Classic. In the past, Lyft drivers actually earned less per mile and per minute on Lyft Line rides than they did on regular Lyft rides.

But now, Lyft drivers will get paid based on of the same rate card as Lyft Classic. This move is significant because it’s the first time ever that a rideshare company has announced a nationwide price increase for drivers (even if it’s just limited to Lyft Line).

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by Christian Perea on July 14, 2017 13 Comments

Uber Increases Their Booking Fees Nationwide (Again)

Last week, Uber announced that they would be raising the booking fee for a second time this year. The first time around, the increase amounts ranged from $0.20 to $0.35, depending on the city, and it meant Uber was going to take a larger commission from each ride. This time around, the booking fee is going up by $0.15 – $0.50 in non POOL cities and by $0.20-$0.30 in POOL cities on X and POOL.

Uber advertises a 25% commission to new drivers but when you include the booking fee, their median commission is actually closer to 40%. Now it will be even higher. Uber made this announcement to all drivers last week via email and in the driver/rider apps. Uber says the increase is due to safety, operational and regulatory costs. And although drivers will still get paid the same amounts, it does mean that passengers will pay more for the same ride and Uber will keep a larger cut.

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by Will Preston on July 12, 2017 18 Comments

How to Calculate Uber’s Percentage in an Upfront Fare World

With Uber’s recent upfront pricing changes, you may be wondering how to calculate your new pay vs. Uber’s cut. Luckily, today RSG contributor Will Preston provides his spreadsheet analysis and a step-by-step walk through for calculating your new driver pay. Questions? Leave them below in the comments!

There was a time when we knew exactly how much Uber made from each ride. It was 20% of however much the rider paid. Then 20% turned into 25%, but still that was easy to understand. Things got more complicated when Uber introduced the booking fee – currently $1.95 in my market – and did not give us a cut of that fee. That effectively increased Uber’s share of each ride by a significant amount, and the smaller the fare, the greater their percentage.

Then UberPOOL was introduced, and it became nearly impossible to figure out how much they were making. The complete disconnect between what customers were paying and what drivers were paid left many drivers feeling that they were getting ripped off. Knowing that Uber was getting paid for multiple riders – while the driver only got paid for a single trip – added to that frustration and fear.

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by Harry Campbell on July 10, 2017 26 Comments

Here’s How Uber’s New Tipping Option Works

Tipping is now live on the Uber app in over 100 US cities, and many drivers are starting to see their first ever ‘tips’ on Uber. It will probably be some time before we have a good sense of how many passengers are tipping and how much they’re tipping, but I know this is one feature I’m really happy to see. So let’s see how it works!

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by Will Preston on July 5, 2017 56 Comments

Understanding Uber’s New Pay Statement

Harry here. Have you ever looked at your Uber pay statement and been completely confused? You’re not the only one! We’ve received a lot of emails about Uber’s pay statement and how to determine how much you’re actually getting paid, so today we’re having RSG contributor Will Preston explain the Uber pay statement. Have questions about your pay statement? Send me an email or leave a comment below!

If you find yourself confused by your new earnings statement, don’t fret. You’re not alone. I’ll explain how it works and how it actually gives you more information than we’ve ever seen before.

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