- Business and Employment
Uber and Lyft: The only companies in which pay keeps decreasing
Uber and Lyft are the only companies in the world that pretty much do not give raises to its employees. Yes, employees because it sure does not feel like one is a partner when working for one of these companies. As a matter of fact, it goes to all those app companies like GrubHub, Postmates, and etc.
Anyway, the pay started out superb for Uber and Lyft. Any old driver will tell you that it was worth working for the two big ride sharing companies. It was worth putting miles and wasting money on gas, as drivers usually made $25 or more an hour plus bonuses.
All that glory can be kissed goodbye with Uber and Lyft. Instead of making more money as drivers put time with the respective companies, these drivers get screwed bigtime. In other words, the pay is less and less.
One example of this robbery is being done by Uber. At first, drivers kept 80 percent of the cost of the ride. Now, Uber has come up with some BS formula for distance and time on the ride (.72 per mile and .12 per minute), which is cheap shit!
So, before, with Uber, the driver would make $8 on a $10 ride. Now, it all depends on how far and how long it took, which was the same before. However, now, Uber gives the driver about $5.50 on a $10 ride. Uber claims that there are fees included that come with some BS story.
Uber still claims they pay drivers the same! That is straight up baloney! Anyone will tell you that making $5.50 out $10 compared to making $8 before out of $10 is a pay cut! PERIOD!
These ride sharing companies have also cut down on incentives. They just don't do any good! Despite the fact that these two companies treat their partners pretty crappy on the pay side, they are still a way to make extra money. However, it is not the same as it was before. In just saying that, both companies should really recalculate their earnings and start treating their drivers better. Why decrease the pay scale? That is just bad business!
The pay is getting to be horrible, and both companies should start collecting less from their drivers. The product is excellent, so people will always depend on this service, especially with the millennials taking over. Those guys are a bunch of lazy fucks who don't even want to learn how to drive. So, the ride sharing service will go for a long time! As long as the Generation X peeps are still around, because these idiots keep giving their kids, the millennials, way too much fucking money!