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Many UK Uber drivers earning far less an hour under dynamic pricing, study finds

  • A study by the University of Oxford revealed that since the introduction of dynamic pricing in 2023, UK Uber drivers are earning substantially less per hour.
  • Uber's take rate has increased from 25% to 29%, with some trips reaching over 50%, leading to lower earnings for drivers.
  • Unions criticized the lack of transparency in Uber's dynamic pricing, potentially pushing down working conditions for drivers.
  • Average pay per hour for Uber drivers remained stagnant or decreased after the introduction of dynamic pricing.
  • Uber's increase in taking a cut from fares could result in higher prices for passengers without better pay for drivers.
  • Uber claimed that drivers are guaranteed to earn at least the national living wage.
  • The study highlighted that drivers' average hourly pay was £29.46 by Uber's definition or £15.98 when considering waiting time.
  • Uber stated that UK drivers earned over £1 billion between January and March, indicating growth in earnings.
  • The study indicated discontent among some drivers who felt Uber was taking a significant share while not benefiting drivers.
  • The research warned that many aspects of Uber drivers' jobs have worsened post-dynamic pricing implementation.
  • The study was conducted in collaboration with the Worker Info Exchange and raised concerns about the impact of Uber's dynamic pricing.
  • Uber faced previous controversies, including a UK court ruling on minimum wage entitlements for drivers and a global investigation revealing dubious practices.
  • One driver mentioned in the study expressed shock upon hearing the fares paid by passengers, highlighting a perception of exploitation by Uber.
  • The research did not account for costs like vehicle maintenance, insurance, or fuel when calculating drivers' average pay.
  • Uber emphasized drivers' flexibility and transparency in earnings, stating that thousands of drivers choose to work with the company.

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