Where did you read that Uber takes 30%? Or 25%? Or any rate, for that matter? I’m curious…I don’t recall it being in terms of service or in any if Uber’s publications anywhere.
However, I can see that what I make is based on the formula (Timerate)+(Mileagerate). Insert the rates for your specific market into the appropriate spot.
They can. Because we don’t get paid on percentage. Our pay rate is very very very much based on time and mileage. They might throw in promotions or a long pickup fee, but that’s about it.
In the Houston market, we make 8 cents a minute and 69.75 cents a mile. However, Uber charges 11 cents a minute and 93 cents a mile.
Doing the math, yes. I do get 75% of the mileage rate. However, I only get 72% of the minute rate. If we get paid on commission, shouldn’t those percentages be the same?
At least I can do that math with Uber. Lyft doesn’t disclose our rates…so I have no idea how much I make with them in Houston.
Keeping transparency to a minimum is far worse of a thing than Uber does.