If you’ve ever thought about driving for Uber or Lyft, now is the time to do it. Both ride sharing agencies offer incentives for drivers as vaccinated consumers are on the move and the demand for journeys increases.
According to Lyft, drivers in the top 25 markets make an average of more than $ 30 an hour, 85% more than before COVID-19.
Uber drivers make $ 25 to more than $ 30 an hour in 12 of the busiest cities. And above all tips or incentives.
Incentives and salary increases for ridesharing drivers
To entice new drivers to start or previous drivers to come back, Uber is launching a $ 250 million driver incentive.
“The money is offered in the form of special bonuses and new guarantees. It will be in place for the next few months … Reinforced incentives and guarantees will help welcome existing drivers back to Uber and ensure first-time drivers do well in learning the ropes, ”said Kayla Whaling, Uber spokeswoman. She did not specify how the money will be given.
“We’re working to meet demand, including incentives for drivers who are busy and earn more than they did before the pandemic,” said Allison Goodman, Lyft spokeswoman. It also did not specify how much the incentives are worth or how they are distributed.
Here’s why Uber and Lyft drivers make more money than ever
Customer demand has increased
If you’ve requested ridesharing in the past month, you’ve likely encountered a longer wait and charge due to the lack of Uber and Lyft drivers.
A trip from St. Petersburg, Florida to the Tampa Airport 20 miles away, which typically costs around $ 30, can easily cost anywhere from $ 66 to $ 85 on a weekend afternoon. A traveler in Raleigh, NC recently called an Uber from the airport and found that there were no cheaper UberX cars available, only the more expensive UberXL, which can accommodate six people.
“We’re seeing a sharp surge in demand for amusement rides as vaccines roll out and people prepare to get started again,” Goodman said.
Uber addressed the driver shortage in a blog post.
“In 2020, a lot of drivers stopped driving because they couldn’t count on getting enough drives to make the time worth it. In 2021, more drivers are requesting trips than there are drivers available to them – which makes it a great time to be a driver, ”the company stated.
Driver supply has failed
Although more than a third of adults in the United States are fully vaccinated, drivers are still exposed to more than two hundred million potential drivers who could carry the COVID-19 virus. Uber recently surveyed drivers and found that the top two concerns about returning to work are safety and income levels.
People whose children cannot go to school or daycare at home cannot return to their car or start driving either.
Some drivers found other jobs when the pandemic caused them to hang up their car keys. They are opting for online work that they can do at home rather than living in their cars full-time or part-time.
When customer demand increases and the supply of drivers decreases, prices automatically increase.
Ridesharing companies are continuing their security precautions
For those returning to the ridesharing roads or considering starting a new side gig with Uber or Lyft, the companies are maintaining security measures and adding more.
- Both platforms require drivers and customers to wear a mask, even if they have been vaccinated.
- Uber and Lyft continue to ship free masks and cleaning supplies to drivers.
- Uber is also starting to ask drivers not only to wear a mask but also to sit in the backseat with the windows open.
- Uber reduces the maximum number of passengers for an UberX trip from 4 to 3.
- If an Uber driver contracts COVID-19 or needs to be quarantined for exposure, the company will reimburse them for their average weekly earnings for two weeks, based on the three months prior to the illness or quarantine.
- Lyft requires the passenger seat to be empty at all times and prompts drivers to keep four or at least two windows open depending on the weather.
- Lyft drivers in certain cities have free access to a virtual care platform that includes on-demand digital COVID-19 screenings, on-demand video visits and more 24/7 virtual health resources.
- Lyft sells a Delete partition That can be placed between the front and back seats for $ 38. Other reproductions are also sold on Etsy and Amazon.
Katherine Snow Smith is a senior writer for The Penny Hoarder.
This article originally appeared on www.thepennyhoarder.com