Rideshare driving offers customers an alternative to taxi cabs or public transportation. Becoming a Lyft rideshare driver is a relatively simple process. Keep reading to learn how much a Lyft rideshare driver earns.
Rideshare driving is a relatively recent form of transportation. You will need an Android or iPhone to work as a Lyft rideshare driver. Commuters with smartphones will utilize an application like Lyft to see your location in real-time and be able to request a ride from you. As a Lyft driver, you will have the flexibility to choose the assignments you want and set your own schedule. Rideshare companies do not require that you work for a fixed number of hours. Because of this convenience, you can hold another job while working as a rideshare driver.
Required Education For Lyft Drivers
As a Lyft driver, you will not need to meet any formal educational requirements. Most rideshare companies simply require that you are at least 21 years of age and possess an experience of a minimum of 1 year of driving under a valid driver’s license. You will also need a current vehicle registration policy and car insurance policy and a four-door vehicle for passenger rides.
The foremost requirement for a rideshare driver is excellent driving skills, including possessing a blemishless driving history. As a Lyft driver, you must be able to deal with delays like construction or traffic and navigate unfamiliar routes. You will also want to have excellent soft skills to work as a Lyft driver, as your primary responsibility is to transport commuters to their destinations. Ensuring your passengers have a safe trip will increase your customer satisfaction rankings. You must also need to provide your social security number, including passing a criminal background check.
While many commuters utilize ride-sharing firms for transportation, some of these organizations branch out into delivery services. You can choose to deliver packages to local businesses or take-out food to customers. Sometimes, you can combine delivery and passenger trips to maximize your income as a rideshare driver.
A recent Massachusetts Institute of Technology (MIT) study found Lyft and Uber drivers to be earning far below the minimum pay after considering expenses. The MIT CEEPR (Center for Energy and Environmental Policy Research) study found that drivers’ median pretax profit was $3.37 an hour, using results from a survey of more than 1,100 workers of the ride-sharing firms. Lyft and Uber, sensitive to reports that drivers are underpaid, objected strongly to the research’s methodologies. Massachusetts Institute of Technology later said it would review its study after a tweeted rebuttal by Uber CEO Dara Khosrowshahi.
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Lyft Drivers Salary
Careers in the U.S:
How much does a Lyft Driver make in Nassau, NY?
The average Lyft Driver salary in Nassau, NY is $39,303 as of June 28, 2020, but the range typically falls between $32,703 and $48,003. Compensation ranges can vary widely depending on many vital factors, including certifications, education, the number of years you have spent in your profession, additional skills(1).
Careers in Europe:
How much does a Lyft Driver make in New Hampshire?
The average Lyft Driver salary in New Hampshire is $36,503 as of June 28, 2020, but the range typically falls between $30,303 and $44,503. Remuneration ranges can vary widely depending on the city, and many other vital factors, including certifications, education, additional skills, the number of years you have spent in your occupation.
Salary and Career Outlook
Exclusive job outlook and salary and statistics are not collected by the U.S. Bureau of Labor Statistics (BLS) to ride-hailing drivers. However, they group ‘ride-sharing drivers’ with chauffeurs and taxi drivers; these professionals collectively can expect job growth of twenty percent during the 2018 to 2028 decade. This growth is considered as fast as average for all occupations. The BLS predicts substantial job opportunities for independent contractors with ride-sharing services due to smartphone technology’s convenience. The employment site Glassdoor.com listed an average compensation of $31,324 for Lyft drivers in February 2020.