Home |
Search |
Today's Posts |
|
London Transport (uk.transport.london) Discussion of all forms of transport in London. |
|
LinkBack | Thread Tools | Display Modes |
#31
|
|||
|
|||
Uber shut down in London
In message
-septe mber.org, at 09:22:37 on Fri, 29 Sep 2017, Recliner remarked: And the elephant in the room is that it's the gross pay. Knock off 25% for Uber's commissions, then most estimates for the cost of car rental, petrol and valeting come in at about £300/week, so for a 60hr week you'd see something like: 60 x 15 gross = 900 less 25% = 675 less £300 = 375 so that's more like £6.25/hr now, and under minimum wage, plus all the risks of running your own business. The FT has an analysis of how much of their time a UberEXEC driver is actually earning: https://www.ft.com/content/241d35e8-a463-11e7-b797-b61809486fe2?segmentId=080b04f5-af92-ae6f-0513-095d44fb3577 The "usually £20" is widely regarded as either false memory, like it was always long hot summers when we were on summer holidays from school; or it's a very experienced driver knowing where to go (but this time the surge-chasing failed). And no doubt, like the £8, is also a gross figure. Interesting his business has dived so suddenly. Could be a co-incidence, or maybe on account of the publicity, people have been thinking about whether the Uber business model is one they want to support. ps. I wonder why he took such a circuitous route with the fare he picked up in docklands? -- Roland Perry |
Thread Tools | Search this Thread |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Forum | |||
Uber drivers commit most minicab offences in London | London Transport | |||
Corrupt doctors fake Uber medicals in London | London Transport | |||
Two hour Central line shut down during evening rush hour | London Transport | |||
Kings Cross Shut - Thursday | London Transport | |||
Met line weekend shut-down | London Transport |