Posted inNews / Worker

Uber’s underpayment of drivers keeping it afloat

Uber’s fares are made possible because the company is significantly underpaying its drivers, a new report argues. UberX drivers earn well below minimum wage once all hidden costs are taken into account, according to analysis by the Centre for Future Work at the Australia Institute think tank. The analysis was conducted by taking typical urban fares in six cities and deducting driver fees, taxes and vehicle costs. They found the driver was left with only one-third of the takings.

— source theguardian.com

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