I'm no longer averaging $20 an hour. Sometimes it's more like $13. With surge practically gone and gas prices up and going, Uber need to raise rates to at least $.30 a minute and $1.50 a mile. How can we achieve this?
By quitting. Only if there is a shortage of drivers will rates rise. It's all about supply and demand.I'm no longer averaging $20 an hour. Sometimes it's more like $13. With surge practically gone and gas prices up and going, Uber need to raise rates to at least $.30 a minute and $1.50 a mile. How can we achieve this?
CWOF drivers only. Others will still be deactivated, including the famous poster on here who kept complaining a few months back cause his licence was suspended a few years ago.I heard that most of the 8,000 drivers will be back on the road due to a relaxation of the legislation. Not sure quitting will help you.
Uber has allowed NO ROOM FOR A 3% LOSS WITH THEIR CONSTANT RATE CUTS !Ok so let's run the numbers. Gas prices are up about .30-.40 per gallon. Let's even use .50. The average full time driver that probably does 120+ trips uses maybe 50-70 gallons of gas. Let's use 70 at .50 so that's a whopping 35 more per week. Or less than .30 per trip. With the average trip around 10 that's less than 3%. Impact on earnings. Let's relax a little folks. The increase in gas prices has little to no effect on earnings.
Gas expense for me used to average 8% of revenue. That means that the effect of an increase in gas expense is for me 12.5 times less important than a corresponding percentage increase in pay rates.Gas goes up by 15-20% and you are trying to make argument that this is no big deal. Imagine how excited everyone would be if rates went up by that %? Numbers never lie until they do
As I said, my gas expense was 8% of revenue. Using your example, if I spend $200 on gas then my revenue for the week would have been approximately $2,500. I would be left with after-gas takings of $2,260 - $2,280 instead of $2,300. Yeah, I'll decide that would be minimal.In real terms, if you spent $200 on gas a week before now you at $ $220-240. Minimal? You decide