Rider did pay the full $4.65 minimum amount. It includes the $1.65 tip for Uber.
nah, I always go for the hot fudge sundaeYou should be happy, you can buy a mc chicken![]()
No more 2 for 2...You should be happy, you can buy a mc chicken![]()
We give 20% TIP to Uber.Rider did pay the full $4.65 minimum amount. It includes the $1.65 tip for Uber.
Gross. Is there an overstock of fish sandwich's? Everyone seems to have them on sale. Even am/pm.2 for 2 is over but you can save that $2 to buy a fish sandwich on fridays mc special
OK, now cram that onto the huge billboard/building on Franklin and Highland, and add that pesky tip thing we all want, and we are in business!Here's the math that very few drivers take the time to do.
Time:
First, any experienced driver will tell you that you can only do 3 to 5 rides per hour. Here is why:
Travel time to pickup (which you don't get paid for) is 5-20 minutes.
Wait time for passenger to get in car (which you don't get paid for) is 1-5 minutes.
Ride time (which you are paid time + miles) for an average ride of 2.5 miles is 5-15 minutes.
Wait time for the next ride (which you don't get paid for) is 1-10 minutes.
So each ride will take between 12 and 45 minutes. Again 3 to 5 rides per hour.
Money:
Here is how a very typical LA ride breaks down.
Base fee = $0
Mileage charge (2.5 miles x .90 per mile) = $2.25
Time charge (5 minutes x .15 per minute) = $.75
Booking fee = $1.65
--------------------------------------------------------------
Subtotal = $4.65 (rider is charged this total)
--------------------------------------------------------------
-$1.65 Booking fee goes to Uber
--------------------------------------------------------------
Subtotal = $3.00
--------------------------------------------------------------
-$.75 Twenty five percent commission goes to Uber (some drivers pay 20%)
--------------------------------------------------------------
Subtotal = $2.25
--------------------------------------------------------------
-$1.35 Cost of operating a vehicle (gas, maintenance, etc.) per IRS standards $.54/mile x 2.5
--------------------------------------------------------------
NET PAY = $.90 per ride x 5 rides per hour = $4.50 per hour.
Not all rides go 2.5 miles, but 47.2% of rides go under 3 miles. So the take home range is $4.50-$9 per hour.
No you have to go to Carl's now it's 4 for 4No more 2 for 2...![]()
It's because it's Lent. But we crucify ourselves for Uber all through the year.Gross. Is there an overstock of fish sandwich's? Everyone seems to have them on sale. Even am/pm.
YES ! one out of a few owner operator independant contractors who knows how to calculate correctly !Here's the math that very few drivers take the time to do.
Time:
First, any experienced driver will tell you that you can only do 3 to 5 rides per hour. Here is why:
Travel time to pickup (which you don't get paid for) is 5-20 minutes.
Wait time for passenger to get in car (which you don't get paid for) is 1-5 minutes.
Ride time (which you are paid time + miles) for an average ride of 2.5 miles is 5-15 minutes.
Wait time for the next ride (which you don't get paid for) is 1-10 minutes.
So each ride will take between 12 and 45 minutes. Again 3 to 5 rides per hour.
Money:
Here is how a very typical LA ride breaks down.
Base fee = $0
Mileage charge (2.5 miles x .90 per mile) = $2.25
Time charge (5 minutes x .15 per minute) = $.75
Booking fee = $1.65
--------------------------------------------------------------
Subtotal = $4.65 (rider is charged this total)
--------------------------------------------------------------
-$1.65 Booking fee goes to Uber
--------------------------------------------------------------
Subtotal = $3.00
--------------------------------------------------------------
-$.75 Twenty five percent commission goes to Uber (some drivers pay 20%)
--------------------------------------------------------------
Subtotal = $2.25
--------------------------------------------------------------
-$1.35 Cost of operating a vehicle (gas, maintenance, etc.) per IRS standards $.54/mile x 2.5
--------------------------------------------------------------
NET PAY = $.90 per ride x 5 rides per hour = $4.50 per hour.
Not all rides go 2.5 miles, but 47.2% of rides go under 3 miles. So the take home range is $4.50-$9 per hour.