Paired with one-time expenses (such as a $300 down payment on the iPhone Uber gives to all drivers), the net weekly income of some new drivers begins to plummet. Jack Tse, a new Uber driver, saw his first week's net take-home pay reach just $19.41 after 11.13 hours of driving.
All Uber drivers can get paid to refer new passengers and drivers to Uber. You can find your promo code in the “Free Rides” section of the Uber app. In the driver app, find your promo code and refer new drivers in Earnings > Invites.
How much do drivers make? Here’s the short answer: You can drive and earn as much as you want. And, the more you drive, the more you’ll make. Plus, you’ll receive your fares weekly and they are automatically deposited directly into your bank account. For even quicker payment, Uber has rolled out Instant Pay. Instant Pay lets you transfer your current earnings to a debit card account, anytime.
An Uber driver’s pay is determined by a few factors. Uber drivers make 80% of each fare (75% if driving on Uber’s low-cost option, UberX), minus a service charge for the ride. Fares are calculated by Uber based on mileage, time, and a base fare.
People become Uber drivers for lots of reasons, but at the end of the day, the main reason is to make money. Maybe the money is to help pay your bills, save for a vacation, or get a new car. Whatever the reason, you’re probably wondering how exactly you get paid as an Uber driver.
How Much Do Uber Drivers Earn? Earnings vary for Uber drivers on a city-to-city basis. However, our research show that the average driver earns $8.80-$11 per hour of driving for Uber after accounting for driving expenses. New York drivers earn an average of $29.34/hour, while Nashville drivers earn $8.11/hour.
Uber has long said its drivers get paid more than traditional cabbies. But do they really? Driver surveys, strikes , and class action lawsuits suggest otherwise.
Back in May, Uber released data showing at least half of its New York City uberX drivers earn more than $90,000 a year. In San Francisco, Uber claims its uberX drivers can earn up to $70,000 a year.
Pay varies widely for Uber and Lyft drivers due to a number of factors, including the local level of pay and ride demand, when a driver works, how many hours a driver is on the road and personal ...