Uber Driver Salary, Pay rate and Earnings

Uber Driver Salary, Pay rate and Earnings

The Facts about Working as an Uber Driver in the Gig Economy

With around 91 million active app users and almost four million drivers around the world according to facts and figures from Uber in 2018, it’s no surprise that working as an Uber driver is becoming increasingly more popular in the gig economy. Aside from the potential to make a huge income, working as an Uber driver can be very beneficial, giving you the chance to choose your own hours of work and tailor your career around your life.

Uber Driver Salary, Pay rate and Earnings

Why Become an Uber Driver?

Interesting Work:

If you hate the idea of sitting at a desk all day for work, driving for Uber might be perfect for you. As a driver, you get to explore all the great places in the area that you live and work, including local bars and restaurants, attractions, and more that you may not have had the chance to find out about otherwise.

Easy Sign Up:

Getting started as an Uber driver is relatively easy. There are a few requirements, which include being over the age of 21, having a clean driving licence and no criminal record, and a car that passes Uber’s requirements – there is more information on this on their website. You will also need to get the right insurance for the work that you are doing.

Freedom to Be Your Own Boss:

While you are working for Uber, this type of work does allow you to work for yourself. You can get to decide the days and times that you want to work, no need to worry about booking time off when you have something else to do or being up for work at a certain time in the morning. Working as an Uber driver gives you the freedom to decide when, where, and how long you want to work for each day.

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Meet People:

If you love meeting new people, then working as an Uber driver is for you. In this line of work, you’ll get to meet different people from all over the country – and even the rest of the world. As you take passengers from A to B, you’ll be able to learn more about them and hear stories that you may never have heard otherwise.

Great Income:

The amount of money that you can earn from this work is undoubtedly one of the biggest reasons why people choose it. There are plenty of factors that will influence your income including the type of car you drive and the hours that you decide to work. If you live near or in a larger city and have a car that can take several passengers, the earning potential is huge. And the best part is that since you are paid per job, you are able to increase your income with the amount of work that you do.

What’s the Uber Driver Salary?

Since Uber drivers are paid per job, they do not earn a salary, but rather are paid depending on when, where, and how often they drive. How much you earn will depend on the demand for Uber in the area at the time, and you’ll get more money on top of the standard fare if there is a current Surge. Otherwise, you’ll get a standard fare for every completed trip.

How are Uber Driver Earnings in the UK Paid?

Uber drivers can get their money fast, with earnings deposited straight into a bank account each week. There is also the option to use Flex Pay, which allows Uber drivers to cash out their earnings daily and is a handy feature to have access to if you need money quickly before your regular weekly payday. After each trip, you will be able to see what you have earned in your Uber app by simply tapping the fare icon on the map screen then swiping right and left to see what you’ve earned.

Average Uber Pay Rate – What’s the Uber Driver Pay Per Hour?

In the UK, the approximate earnings for an Uber driver are £15 per hour, which stands at 84% above the national average. However, bear in mind that since your earnings are based on when, where, and how often you work, there is the potential to earn more or less.

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How to Increase Your Uber Driver Income in the UK:

Once set up as an Uber driver, there are various things that you can do to maximise your earnings. Uber regularly run in-app promotions where the Drive app expects the most trip requests in your area. Taking advantage of this allows you to plan your work in advance in order to ensure that you’re making the most of any future expected surges and making the most money. You’ll also be able to make additional money by reaching certain goals with Uber. For example, they often run an offer where drivers are able to make a bonus if they complete a set number of trips in a certain amount of time.

Drivers can also earn more money with Uber by driving at busy times, where there is more likely to be a Surge fare. You can also use a range of powerful features available on the Uber app to make the most of your trips including information about nearby earning opportunities and trend tracking. You can also offer additional services such as providing phone chargers or free soft drinks or water to your passengers to increase your chance of getting tipped for your service; drivers always get to keep 100% of their tips. Finally, Uber drivers don’t just have to offer a taxi service. You can earn even more by taking advantage of the Uber Eats app to collect and deliver food in your area when the demand for taxi rides is low.

Rewards and Benefits Available Alongside Uber Money UK:

Alongside the money that you can earn from working as an Uber driver, there are plenty of exclusive benefits and perks that you can also take advantage of. Driving with Uber means that you become an Uber partner, giving you access to some of the best third-party discounts and deals that Uber can find. Some of the best benefits available to Uber drivers include:

AXA Insurance:

While you’ll be liable for the cost of providing business insurance for your vehicle, Uber will provide insurance to you at no additional cost to cover you in a life-changing event. If you are unable to work due to sickness, injury, or welcoming a new baby into your family, you will be able to claim on your insurance and avoid financial stress.

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Private Hire Motor Insurance:

Uber works with a range of selected insurance providers to develop private hire insurance products to suit every Uber driver’s needs. Although you are free to choose the insurance provider you prefer, you can also go through Uber and get automatic uploading of your insurance certificate directly to your Uber account, allowing you to get started faster. Uber works with the following private hire insurance providers:

  • Fare cover
  • Nelson
  • Antilo
  • Acorn/Motorcade
  • Zego

Gympass:

Gympass is Uber’s wellness partner, and together they offer Uber drivers exclusive access to gyms, fitness studios, and other health and wellbeing activities at locations to suit you. There is a range of different packages on offer with something to suit everybody, and it’s not just you that will benefit since you can also take advantage of discounted membership for up to five relatives. With Gympass, you can access a range of gyms plus over three hundred different fitness and sports classes including swimming, yoga, dance, Pilates, and much more.

Uber UK: How to Become a Driver:

To become an Uber driver, you will first need to sign up at Uber.com. You will need to provide details of your driving licence and the city that you’d like to drive in. You’ll need to check that you are eligible to drive with Uber. To meet the requirements, you will need to:

  • Have a clean, valid UK driving licence
  • Be at least 21 years of age
  • Own a vehicle that meets Uber’s standards in the UK
  • Obtain a private hire licence from a council that Uber is licenced by
  • Get Private Hire Insurance
  • Have a UK bank account

If you do not have a private hire licence or a vehicle that meets Uber’s requirements, you can still sign up. Uber can help you get started with applying for and getting your private hire licence with support and advice on offer once you’ve signed up. In addition, if you do not yet have a suitable vehicle, Uber offers a range of vehicle solutions that you can take advantage of including access to exclusive leasing and hire deals through Uber’s sister company Partner Point. They also offer support and advice on choosing the right vehicle to keep your ongoing costs low.

In today’s gig economy, working as an Uber driver is a popular option. Not only can you work with Uber as a private hire driver, but also take advantage of food delivery work with Uber Eats.

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