Seattle approves minimum pay rate for Uber and Lyft drivers

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Seattle approves minimum pay rate for Uber and Lyft drivers
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  • FILE PHOTO: A screen displays the company logo for Uber Technologies Inc. on the day of it's IPO at the NYSE in New York
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Seattle approves minimum pay rate for Uber and Lyft drivers
FILE PHOTO: A screen displays the company logo for Uber Technologies Inc. on the day of it's IPO at the NYSE in New York
Wed, September 30, 2020, 12:03 AM EDT


(Reuters) - The Seattle City Council passed a minimum pay standard for drivers for companies like Uber Technologies Inc <UBER.N> and Lyft Inc <LYFT.O> on Tuesday.
Under the ordinance, effective January, the drivers will now earn at least $16.39 per hour - the minimum wage in Seattle for companies with more than 500 employees.
Seattle's law, modeled after a similar regulation in New York City, aims to reduce the amount of time drivers spend "cruising" without a passenger by paying drivers more during those times.
City officials argue this should prevent Uber and Lyft from oversaturating the market at drivers' expense, but the companies say it would effectively force them to block some drivers access to the app. Both Uber and Lyft have locked out drivers in response to the NYC law.
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"The City's plan is deeply flawed and will actually destroy jobs for thousands of people — as many as 4,000 drivers on Lyft alone — and drive rideshare companies out of Seattle," Lyft said in a statement.
Uber did not immediately respond to request for comment.
Researchers at the University of California, Berkeley, and New York's New School, who analyzed the Seattle ride-hailing market using city data and a driver survey, found drivers net only about $9.70 an hour, with a third of all drivers working more than 32 hours per week.
But a study of data provided by Uber and Lyft showed most ride-hail workers in Seattle are part-time drivers whose earnings are roughly in line with the city's median, defying some perceptions of drivers working full-time for little pay.
(Reporting by Tina Bellon in New York and Rama Venkat in Bengaluru; Editing by Simon Cameron-Moore)
 

bethswannns

Well-Known Member
If I were the top leadership, I say to uber drivers "if you want minimum wage enforced, no problem, you need to accept every single trip.. if you reject 10 orders in a month, your fired.. you are easily replaceable" I dont know how people earn less than 10 bucks/hr unless they sit in the car and keep rejecting until a fat order comes up..
 

Amos69

Well-Known Member
BA just moved it’s 787 to SC, about a 14-15 Billion loss to the Everett factory.
That is and has been expected since before Covid. Since Covid Boeing has sold - 213 planes in 2020. Yes negative. Not a banner year for certain . Consolidating production heading into this global recession is a smart business move. Moving it to the shiny new factory that was purpose built for assembling Dreamliners AND labor is 30% less is a savvy business move.
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If I were the top leadership, I say to uber drivers "if you want minimum wage enforced, no problem, you need to accept every single trip.. if you reject 10 orders in a month, your fired.. you are easily replaceable" I dont know how people earn less than 10 bucks/hr unless they sit in the car and keep rejecting until a fat order comes up..
Dollars per hour are a horrible metric for measuring success in the RS business. $10.00 and hour gross is almost impossible unless you are sitting and waiting for the whale. I sit and wait for the whale every shift. This bill deals with Net. It increases rates to a point where as you say it would be hard to screw up and not make at least $16.39 NET which for me gross would be around $34. My gross is higher than that but I drive XL and Comfort as well.

Waiting for the whale is a great and profitable strategy. My first ride is always $50-$130. I do not leave my fishing hole without that ride very often, even if I have to sit for a couple of hours to get that fare.
 
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