How Much MINNEAPOLIS Drivers Make With NEW Rideshare Wage
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- Опубліковано 20 бер 2024
- Here's how much I'll make if we use the same ride to compare pay per mile and pay per minute.
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It was wrong for me to assume rides back to back, but I defaulted to that because I get rides back to back with how I have my strategies. The last time I worked a 12-hour shift, I had about 11 active hours.
But I know I shouldn't compare myself to average, so I will accept my blunder. However, I don't think it's unreasonable for people to have back-to-back rides if they don't have a low acceptance rate. That's my expectation for people who watch my content and follow my advice.
But for the "average driver," I shouldn't have used it.
How much time do you think drivers over an 80 percent acceptance rate spend online vs active?
Personally I like long rides. I tried doing short rides, had over 80% acceptance rate, and going after weekly/weekend challenges.
I felt that I had to rush too much, more likely to miss a turn, run a 🚥 🟡yellow light, run over potholes and debris, and statistically more like to have an accident because of rushing and places driving off highway much more.
I am not taking anything away from your strategies and hard work ethic Tristan. I am sure I could learn a lot there. But until I know what they are, I can’t say if will help me personally.
What someone may says is a great strategy, may not work for me.
My point is, I believe you when you say, take almost every ride and the active time is much closer to real time, agreed.
But I am looking for longer rides so my real time is probably much farther away from active time.
*I appreciate all you vloggers sharing your great strategies. Here is one I actually got a compliment on from a rider:
When picking up passenger at airport ✈️as you get close to terminal put on your flashers and send them the message:- -“Flashers/Wave” -works for me and passenger said he liked the idea too.
It is unbelievable how many riders think that I will pull right up to them in a large crowd of people and parked cars or who look right at me and can’t figure out if I am there driver.
Try it see what you think. Give it 10 to 20 tries.
You mentioned the problem yourself. The drivers will not always get a ride. So, using "active" hour earnings is disingenuous. The $32 / hour active time propagandized by Lyft and Uber are so misleading too. If these companies have already saturated the market to their benefit, since they only care about their cut from the fare and the drivers are not employees, then a higher per mile rate and per minute charge is necessary. Because the premise of using active time is not realistic and doesn't fall into real world conditions.
Its like being an employee in a retail shop or restaurant and the managers says, we'll we can only pay you when there are actually customer ordering food or buying something. Most rational people would see that as unfair or punitive to the employees. Yet we have no problem treating the "independent contractors (IC)" like this. As an IC you are supposed to make more revenue per hour then an employee because you are taking more risk and paying for the all the costs associated with providing the service.
🤔🤔🤔
Sure but you don't go from 40+ an hour to 15 an hour in-between rides.
@@FutureRideshareMillionaire No one said they did, but 40+ an hour to 15 an hour *after expenses*? That is totally possible and I'm not sure why you're pretending it isn't.
@nikidelvalle, can you show me a real-life scenario where that's happened?
It's easy to make a point in the absence of information. But I'll venture to say that anyone who grosses $40+ an hour and only walks away with $15 an hour shouldn't be doing rideshare, and no form of a minimum wage will bridge that much of a gap without the market imploding on itself.
Recent studies show that taxes and expenses are $7 per hour.
Unless you have some data to back it up, I will use that as the average moving forward.
@@FutureRideshareMillionaire No, because I don't drive a car that's that expensive to operate, but there are plenty of people that do. I had an Uber Eats driver deliver to my house in a damn Mercedes Benz S-Class just the other day.
No one grosses 40+ dollars an hour so that's a ridiculous question, hell no one grosses 40+ dollars per *active* hour anywhere unless that is literally the law, they decline most if not all rides below that, they are relying on bonus pay, or they are doing premium ride types. Anyway, whether people "should" be doing rideshare or not is irrelevant, the fact of the matter is that a lot of the people who shouldn't be doing rideshare are doing it anyway. What do you think the point of a minimum wage is? Just because we know what we're doing doesn't mean we get to make money off of the exploitation of people more ignorant than we are. A minimum wage is supposed to be a floor you cannot go below in any scenario, that's why it's called a *minimum* wage.
What recent studies? What was their methodology? What was the organization that conducted them? You can't just quote random numbers and then just assume everyone is supposed to believe you. Plus, in another comment you say that $7 was *your* taxes and expenses. Is this a data-based number or is this your number? Because we sure as hell can't base an average off of anecdotal evidence.
How about you put some data to back it up? You're the one making completely inane claims, therefore you are the one with the burden of proof. You keep talking about studies, lets see some links huh?
Real world, three 20 min $5.00 rides includes deadhead, finding/waiting for customer in large apartment complexes, some wait time between runs, lower speed limits, 🚦, traffic etc--That all adds up to $15 an hour.
There for I say minimums should include minimum ride of $10 a ride, three of these an hour adds up to $30/hour which is what Uber says drivers make.
Even with those assumptions that's double what the council says it should provide. Not to say they shouldn't be paid that, but to say that their math isnt rooted in anything realistic.
@@FutureRideshareMillionaire
My compromise:
1. $10/ride pay minimum
2. Take the counter offered by Mayor Frey only with the $10 minimum
3. Uber Promises to keep the $10 pay rides the same fare by taking less profit.
What do you think 🤔?
Also what we will pay in taxes .
Not included in this.
There's hardly any taxes to be paid.
Just google taxi prices. Uber and Lyft drivers are grossly underpaid for doing the exact same job. 😂 plus we own the cars and have all the expenses and risk.
I just Googled it 👇
As of March 7, 2024, the average hourly pay for a taxi driver in Minneapolis, Minnesota is $14.62. In December 2023, Zippia reported that the average hourly rate for cab drivers in Minneapolis is $22.39
@@FutureRideshareMillionaire Why would you bother quoting data which is obviously incorrect? How could it be possible for the average pay to be below the city's minimum wage for a form of W2 employment? How would that same job's pay shift by over nearly ten dollars per hour in a single year?
@@nikidelvallecan you prove it's incorrect? Feel free to link the source as well.
All I did was Google and post the first thing that popped up.
@@FutureRideshareMillionaire Um, I just did. The number is inherently incorrect. It is *literally illegal* for that to be the average wage. You yourself *literally* quote what Minneapolis's minimum wage is IN THE VIDEO.
Maybe the problem is that you keep quoting the first thing you see instead of thinking about whether that data actually seems accurate.
@@FutureRideshareMillionaire they charge a certain rate. Their per mile rates are higher than Uber and Lyft nationwide taxi rates trump rideshare pay and taxis have been thriving forever.
Go ask a taxi cab driver what they make per hour. Then get back to us. Thx! 🙏
I just Googled it 👇
As of March 7, 2024, the average hourly pay for a taxi driver in Minneapolis, Minnesota is $14.62. In December 2023, Zippia reported that the average hourly rate for cab drivers in Minneapolis is $22.39
I got a feeling that they’re gonna do like Grubhub and put drivers in blocks… maybe this is all a big chest move from Rideshare companies
Yeah, this is bogus!
Why do you support the pay structure of a states minimum wage floor in a field where the drivers are "Independent Contractors"? That is very odd, especially knowing they use an "active hour" model which isn't practical when talking about a minimum wage!
Because Uber and Lyft will race us to the bottom.
Id prefer a floor in the form of the minimum amount a ride can be. Id be happy with it being $5.
17.44 hourly is what is earned, per your example applying their numbers to your ride. To earn that, approx how many miles would be driven to accomplish this? Factoring in per mile expenses, what would that net, given your example? I would like to note that I am not being combative with my comment(s).
I think that there are some misrepresentations (not by you) about earnings in general for rideshare as there are significant expenses associated with operating a motor vehicle. I would also like to mention I haven't performed the calculations. But, when you factor in expenses over that time frame, the numbers look different.
Additionally, looking to pay drivers providing service to their platform minimum wage, is rather insulting. I would not want a minimum wage skillset in charge of my personal safety during a ride. With earnings that low, vehicle safety would eventually become a concern.
Thank you for the content.👍👍
Instead of getting paid per mile and per hour, why not give us 65%of the entire fear?
It's probably because the council needs to tie it to the minimum wage for the state in some shape or form.
I like your concept, but I don't think it'll ever be used instead of a minimum wage floor.
Could bit be used in addition to? Maybe, but I doubt that would happen.
It would be fantastic!
Whoever said their data is accurate?
Who is they?
The city studies that mayor Faye is using.
None of your business
Your response to the city's supposed bad math is even worse math? Why would you ever assume people get rides back to back? Not only is that absolutely not how this business works, but it doesn't account for expenses which the city has to account for at the standard rate. The worst part is you should know that, you've been doing this work long enough TO know that, and moreover to know that basing anything on a single ride is completely inane. Yet you did it anyway. I don't know what to think here, this is easily the worst, most misleading video you've put out on this subject. You can't even complain if someone does call you a shill because this video might as well be Uber and Lyft propaganda.
1. I did this live. It's a lot harder to have everything as well put together as a preplanned video. I'm going to make mistakes, I'm going to have some oversight.
2. In order for the math to align with the council's estimation, a third of their time without rides. That means if someone works 9 hours, they are spending 3 hours without a ride and I'm willing to bet that anyone spending 3 hours without a ride on a 9 hour shift has a low acceptance rate
@@FutureRideshareMillionaire 1: I watched this in real-time and it was obvious you were wrong before I did any math, you're educated and experienced enough to know when you are speaking complete nonsense. This is the source of my confusion as to why you would even say these things, since they are so obviously wrong.
2: You mean, everyone would be doing what good drivers already do? Last week I had two nights where I spent at *least* two hours sitting around doing nothing in a single long stretch of terrible or nonexistent rides, and that's not counting the downtime I had between rides outside of those completely dead hours. Yet when all was said and done, I made $24 per online hour for the entire week. This is what you don't seem to realize, these policies are meant to make it so that bad drivers don't have to keep subsidizing good ones. Some people shouldn't have to suffer to make sure a fraction of us do well, that's not how a functioning society works. That's why minimum wages exist in the first place. Also, don't you see how silly it is to say that this type of legislation will reduce demand, but then also argue that the numbers are too high given current levels of demand?
Do you mind emailing me a screen shot of your acceptance rate and your rides from that day?
Contact@futureridesharemillionaire.com
It was wrong for me to assume rides back to back, but I defaulted to that because I get rides back to back with how I have my strategies. The last time I worked a 12-hour shift, I had about 11 active hours.
But I know I shouldn't compare myself to average, so that I will accept my blunder. However, I don't think it's unreasonable for people to have back-to-back rides if they don't have a low acceptance rate. That's the expectation I have for people who watch my content and follow my advice.
But for the sake of the "average driver" I shouldn't have used it.
What is your estimation of a ratio for how much active a driver actually has compared to active time and has an acceptance rate of over 80 percent?
@@FutureRideshareMillionaire So I don't mind doing this but it's hard to really capture these numbers. I could just send you a screenshot of my Uber app, but the problem is that I only multiapp. It's not actually capturing the totality of my earnings or even the totality of my acceptance rate, especially because I just adopted this business strategy. Like my current Uber AR is at around 50% but my Lyft AR is maybe a bit higher than that? (I don't know, Lyft doesn't show AR in my driver app, only on weekly reports when it wants me to accept more rides lol)
I'll send you the rides at least.