How much do Uber drivers earn?
As an Uber driver, you’re guaranteed to ALWAYS get 80% of the fare. Even during peak times when a surcharge is applied, you’ll pocket all that extra cash. If you want a full-timer’s income, don’t worry, as an Uber driver you won’t have to work a 40 hour week. The median salary for young graduates is around $52,500 (Graduate Salaries Report 2014) a year and for you to make that as an Uber driver, you’ll only have to work around 30 hours a week; that’s up to 10 hours less than most full-time workers.
If you’re a student, you know how tough it can get paying the rent. Most students only make on average about $218.60 a week. If you’re driving during peak times, Uber guarantees you’ll make $30 an hour, meaning you’d only need to work around 7 hours to already make more than the average student.
In our Guide to Becoming an Uber Driver, we compared some of the most popular part-time jobs in Australia in terms of dough.
We had a look at some of the popular airport trips in Sydney, Melbourne and Brisbane to calculate the estimated fares as an Uber driver.
From Airport to Opera House = $19 to $26 Est. fare
From Airport to Docklands = $33 to $43 Est. fare
From Airport to Story Bridge = $23 to $28 Est. fare
How does Uber driving compare to full-time work?
Change can be quite a daunting thing for some, especially if you’re someone who has worked full-time in the same career for many years. We spoke to two Uber drivers – James and Alan – to find out exactly what life is like in the driver’s seat compared to their 9-5 jobs.
Alan used to be a project manager in IT so we asked him to tell us what he loves about being an Uber driver and how it compares to his 9-5.
- Lots of flexibility to pick and choose when you want to work.
- As a father, I don’t have to miss my child’s school play at 2 p.m in an afternoon.
- From a health and mental perspective, Uber driving is much better for me. I stress less.
- I can use the downtime to catch up on everything that is going on in the world.
- Every day you meet someone new and learn something new. One day it may be a Professor travelling from England or two cabaret performers from New York.
Alan’s advice for anyone considering Uber driving;
“Take it slow. I did a few pretend trips before I had actual customers to build up my confidence.”
James became an Uber driver to supplement his income during the slower months of the year for his tour company, I heart Melbourne Tours. We asked him what are the main things he loves about being an Uber driver.
- As a business owner and tour operator, Uber fits well with my lifestyle. I can simply jump in the car if I have an afternoon or evening free.
- I’ve been able to spend more time with my family.
- If I’m on top of everything for my business, Uber driving gives me a sense of purpose rather than sitting around and twiddling my thumbs.
- I have always enjoyed meeting different people so I’ve got two jobs which fulfil this perfectly.
James’ advice for anyone considering a flexible work life;
“You have to re-evaluate your relationship with income and money. You don’t always know what you’re going to be earning, but try not to stress too much about income as the lifestyle is a reward in itself.”
If you want to find out more information about becoming an Uber driver, download our Guide to Becoming an Uber Driver to start your next adventure!