Uber should take less money to "do more": New York pilot



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<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Uber (UBER) began trading on Friday at the New York Stock Exchange at $ 42 a share, a lower price than the original $ 45 initial public offering price. While society is raising billions, & nbsp;it pays motorists an average of $ 9.21 an hour, less than & nbsp;minimum wage& nbsp; In some states. "data-reactid =" 15 "> Uber (UBER) began trading on the New York Stock Exchange on Friday at $ 42 a share, lower than its initial $ 45 buy-in price. $ 9.21 per hour, less than the minimum wage in some states.

<p class = "canvas-atom-text-canvas Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The way to correct this gap would be to turn-hail take less money each turn, so "we [Uber drivers] can do more, "Dolores Benitez, & nbsp;Alliance of New York Taxi Workers& nbsp; Member and driver Uber, said & nbsp;Yahoo finance& nbsp; Moving. "data-reactid =" 16 "> To remedy this gap, the tour-carrier takes less money, so" we [Uber drivers] can do more, "Dolores Benitez, a member of the New York Taxi Workers' Alliance and driver Uber, told Yahoo Finance on the Move.

Benitez explained his personal experience with Uber: "It's very difficult to manage traffic and pay bills. To pay your bills, you have to stay long hours … you do not have enough to go home and pay your bills.

Benitez, like most taxi drivers in New York. have become Uber drivers because they had no other choice: "To earn a living, I'm a driver, I raised my kids in driving in a yellow cab. I joined Uber because the company had sunk in the yellow cab, because of Uber. So we had to find a way to make money. Benitez said. "We have been looking for better days, a better salary, and finally we have not received a salary, getting the lowest salary ever."

Uber CEO, Dara Khosrowshahi, third from left, attends the opening ceremony of the bell on the New York Stock Exchange, as his company makes its IPO on Friday, May 10, 2019 (AP Photo / Richard Drew)

<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Uber does not pay for the insurance, the Gas or benefits, said Benitez, even though the company levies money on driver checks for "Uber fees, vehicle fees, payroll taxes and the cost of a "Modest benefits package".about a third of what passengers pay goes to these fees. "data-reactid =" 30 "> Uber does not pay for insurance, gasoline or benefits, Benitez said, even though the company levies money on checks from drivers for "Uber fees, vehicle expenses, payroll taxes and the cost" A set of modest benefits ". According to the Institute for Economic Policy, about a third of what passengers pay is paying these fees.

"We pay for everything. We pay for insurance, for gasoline, for cleaning, for everything, "Benitez told Yahoo Finance. "The only thing they provide is the customer."

As a Uber driver, there is no work-life balance either. The extremely low salary means you always have to work, she said. "All the time we've spent, nights and days, weekends and holidays, we do not have Christmas, because every holiday is actually a matter of driving. If you stay at home not to eat, you will not pay your bills, so you have to go out and not celebrate. Benitez said she could not even celebrate Mother's Day because she was forced to work doing "a few dollars".

According to Benitez, the competitors of the Uber carpool group treat their drivers in the same way. "I drive a company one day and the next day I drive another. All are the same thing. All of you are stealing. "

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Taylor Locke is a producer for Yahoo Finance On the Move."data-reactid =" 34 ">Taylor Locke is a producer for Yahoo Finance On the Move.

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