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Published 05.01.2016 | Author : admin | Category : How To Earn Money At Home

Thanks to the modern marvel of the Internet, a slew of disruptive technologies have completely reshaped entire industries over the last decade. Basically, Uber is an Internet-based company that connects drivers and riders for mutually beneficial ridesharing agreements. Since Uber does nearly all of the heavy lifting, the result is an unnaturally seamless interaction between the customer and the driver.
Much to the chagrin of the big taxi lobby and local hackney departments, lower prices are a big win for consumers who rely on cheap and easy transportation to get around. With growth like that, it’s easy to see why so many people are trying to figure out how to get in on the ground floor of the rapidly expanding rideshare industry.
According to Harry Campbell, a writer and entrepreneur also known as The RideShare Guy, the main things you need to get started are a smartphone and a newish four-door car. Harry also notes that Uber recently started requiring a car inspection, but that this can be performed easily and cheaply at your local car shop. Of course, Uber has an interest in making sure its drivers are safe and not crazy, which is why they also require a thorough criminal background check. Contrary to popular belief, Uber drivers don’t need to purchase commercial insurance in order to carry passengers. In other words, the cost of additional insurance is covered by Uber, although that expense is paid for by taking a cut out of each ride an Uber driver performs. Uber has also implemented a scoring system that lets users rate their experience and leave feedback.
In addition to those requirements, Uber also requires its drivers to be 21 or over, and have no major accidents in the past few years, including DUIs. Applying to be a driver for Uber is as easy as visiting their website to fill out any applicable forms and submitting to a criminal background check and vehicle inspection. Although you do need to sign a contract to drive with Uber, it is essentially just a standard driver agreement, says Campbell. In fact, the flexibility extends far beyond the hours you choose to work on any given week. According to Campbell, Uber drivers notify the company of their availability through the mobile app. For the sake of comparison, let’s first look at the average salary of a taxi driver or chauffeur. However, Uber has retracted those estimates somewhat, and now claims that the average wage for its drivers in New York City is closer to $25 an hour. Campbell, who drives near his home in Southern California, says he’s pretty happy to make $20-$30 an hour on average, although he has managed to make as much as $500 per night at times. One of the ways Uber simplifies the rideshare process is by making the transaction cash-free.
So while Uber drivers may not get paid in cash on a daily basis like some taxi drivers, they are still making their wages nonetheless.


Of course, no job is perfect, and that sentiment is true when it comes to being a rideshare driver as well. Unfortunately, one of the biggest drawbacks of working in this industry is the relentless wear and tear on your vehicle that comes with driving strangers around at all hours of the day and night. Campbell keeps vomit bags in the back for those who need them and a trigger finger on the back window just in case, he says.
Still, it’s hard to think of another part-time gig that allows you to choose your own hours, work as much (or as little) as you want, take weeks off at a time without asking permission, and easily pull in decent money. The invention of the mobile app has begun to change the way humans do nearly everything else, from shopping to traveling and more. If not, I’ll provide a brief explanation of what the company is and isn’t – and how it works.
But unlike most taxi services, Uber allows its drivers to use their own cars and largely determine their own work schedules.
Instead of standing on a street corner hailing a cab or Uber car, patrons use the Uber app on their mobile phones. And with profit-hungry taxi companies essentially being removed from the equation, the rides Uber negotiates are generally much less expensive than the alternative (except during times of peak demand and when drivers are scarce, such as during a snowstorm).
A corporate document recently leaked shows that the company plans to generate as much as $10 billion annually in the next few years. Fortunately, the requirements to become an Uber driver are not insanely complicated or difficult to understand.
Uber requirements do state that your vehicle needs to be a 2006 model or newer, but they have been known to make exceptions for older luxury cars — think a classic Mercedes.
And other than owning a car and getting it inspected, there are virtually no other start-up costs involved.
Still, many would-be Uber drivers might be relieved to know that they don’t need to purchase special insurance to get started.
Currently, Uber asks that all drivers maintain an average of 4.6 across all of their reviews. A clean driving record also helps, although a speeding ticket or two may not necessarily disqualify you from the gig completely. And since the company is currently in growth mode, they are even offering sign-up bonuses of $100 to new drivers who complete at least 20 rides.
The company is currently expanding globally and actively trying to spread its reach into markets of every shape and size. Since you don’t have to make any sort of commitment, you can easily take time off for the big moments in your life as well, such as vacations, a wedding, the birth of a child, and more. According to the Bureau of Labor Statistics, taxi drivers and chauffeurs earned a median annual wage of $22,840 in 2013, or an hourly rate of $10.98.
According to a recent interview Uber executives did with the Washington Post, UberX drivers in New York City can earn upwards of $90,000 a year.


Some UberX drivers contend that, after gas and tolls are factored in, they are barely making minimum wage. In fact, Uber users are required to register with a credit card when they sign up and use that card to pay for all of their rides — no exceptions allowed. The Uber app keeps track of each of its drivers’ earnings and pays them on a weekly basis via direct deposit. In fact, many people may see this feature as a benefit since the weekly payment is more likely to mimic a regular paycheck, and it eliminates any potential disagreements or awkwardness that could arise when money changes hands between passenger and driver. And since Uber drivers work as independent contractors, many of their expenses, such as gas and maintenance, need to be paid for out of their profits. But some Uber drivers have been ambushed and robbed — after all, thieves know, drivers will at least have a smartphone on them. And since you can pop in and out of the scene as your schedule allows, it seems like a shame to count out Uber if you’re looking for a way to earn extra money.
However, the rankings and listings of our reviews, tools and all other content are based on objective analysis.
Streaming video services like Amazon and Netflix turned video rental storefronts into the dinosaurs of their industry practically overnight.
Now, thanks to another disruptive technology called Uber, your mobile phone can summon you a private car service — or act as a punchcard for your new career as a driver. Once they request a ride, Uber drivers in the area are notified so they can offer to provide the ride and earn some cash. Here’s a basic rundown of the requirements, benefits, and drawbacks of being a driver for Uber, as well as how you can get started. No one wants to hop into a car with a stranger who may or may not have been convicted of armed robbery or driving to endanger.
Riders must register through the app with personal and credit card information, and Uber asks drivers to rate passengers just as riders rate their drivers; passengers with complaints get barred from the service. All part-time jobs come with their share of unfortunate details and events, and anyone who works for someone else has to accept the fact that things don’t always go as planned. For more information and a complete list of our advertising partners, please check out our full Advertising Disclosure.
Uber technology is simply the platform that brings these two pieces of the transaction together. BLS data shows that the top earners in the industry made an average of $36,850, or $17.72 an hour, that same year.
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