I come from the trucking industry where I owned my own equipment. What I have to say about Uber pay is that it is a joke. In the trucking industry as an owner operator, you can only be profitable if the truck is receiving upwards of 70% of what the customer pays. Ultimately most drivers do not take any contracts rated at less than 80%. Except for the few that don't understand trucking and lease a truck from a stupid large carrier.
Why am I saying this? Well because Uber pays it's "owner operators" less than 40% and in many situations less than 25% of what they charge the customer. Especially during "surge pricing" the money doesn't actually go the vehicle.
Uber's concept was good, but the way they implemented the concept was wrong. Uber is getting rich while their owner operators are starving. This is the same thing the stupid large carriers do with lease purchase, except Uber isn't leasing you anything.
Unfortunately, there's not really another option. Lyft isn't any better. Not to mention the company Lyft uses to do background checks purposefully leaves out information on violations to make them look worse. And if you have a commercial driver's license, this company reports it as well as your personal license, but separately. Then if your cdl is on hold, pending a new physical, they report your license was suspended, which it is not.
What we need is a rideshare company that pays 90% to the vehicle. If they can't run the company on 10% then the rates are too low. It's really time Uber and Lyft have some real competition.
RIDEGURU
I come from the trucking industry where I owned my own equipment. What I have to say about Uber pay is that it is a joke. In the trucking industry as an owner operator, you can only be profitable if the truck is receiving upwards of 70% of what the customer pays. Ultimately most drivers do not take any contracts rated at less than 80%. Except for the few that don't understand trucking and lease a truck from a stupid large carrier.
Why am I saying this? Well because Uber pays it's "owner operators" less than 40% and in many situations less than 25% of what they charge the customer. Especially during "surge pricing" the money doesn't actually go the vehicle.
Uber's concept was good, but the way they implemented the concept was wrong. Uber is getting rich while their owner operators are starving. This is the same thing the stupid large carriers do with lease purchase, except Uber isn't leasing you anything.
Unfortunately, there's not really another option. Lyft isn't any better. Not to mention the company Lyft uses to do background checks purposefully leaves out information on violations to make them look worse. And if you have a commercial driver's license, this company reports it as well as your personal license, but separately. Then if your cdl is on hold, pending a new physical, they report your license was suspended, which it is not.
What we need is a rideshare company that pays 90% to the vehicle. If they can't run the company on 10% then the rates are too low. It's really time Uber and Lyft have some real competition.