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.

Pay-Comparison-Blog

 

Airport rounds

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.

  1. Lots of flexibility to pick and choose when you want to work.
  2. As a father, I don’t have to miss my child’s school play at 2 p.m in an afternoon.
  3. From a health and mental perspective, Uber driving is much better for me. I stress less.
  4. I can use the downtime to catch up on everything that is going on in the world.
  5. 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.

  1. 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.
  2. I’ve been able to spend more time with my family.
  3. 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.
  4. 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!