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Only 25% stay on a year later: Drivers are leaving Uber at an alarming rate

Uber is looking at ways to fix this, reports TechInAsia

Terence Lee | Tech In Asia 

Uber

executives have been alarmed recently by the accelerating rate at which drivers are leaving the service. Internal data shows that only 25 percent of drivers who sign up with and pass inspections stay on a year later.

is looking at ways to fix this. It’s inclined towards allowing riders to tip drivers in-app – something it was against doing and which its US rival Lyft offers. It’s also considering paying drivers more if they travel long distances to pick up passengers who make short rides.

Only 25% stay on a year later: Drivers are leaving Uber at an alarming rate
Drivers have been feeling that they’ve been doing more work for less money, with Uber’s cutbacks in bonuses contributing to that sentiment.

 
However, finds itself needing to keep its cashflow healthy, so it cannot overspend on bonuses. 
This is an excerpt from TechInAsia. You can read the entire story here

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Only 25% stay on a year later: Drivers are leaving Uber at an alarming rate

Uber is looking at ways to fix this, reports TechInAsia

Uber is looking at ways to fix this, reports TechInAsia
executives have been alarmed recently by the accelerating rate at which drivers are leaving the service. Internal data shows that only 25 percent of drivers who sign up with and pass inspections stay on a year later.

is looking at ways to fix this. It’s inclined towards allowing riders to tip drivers in-app – something it was against doing and which its US rival Lyft offers. It’s also considering paying drivers more if they travel long distances to pick up passengers who make short rides.

Only 25% stay on a year later: Drivers are leaving Uber at an alarming rate
Drivers have been feeling that they’ve been doing more work for less money, with Uber’s cutbacks in bonuses contributing to that sentiment.
 
However, finds itself needing to keep its cashflow healthy, so it cannot overspend on bonuses. 
This is an excerpt from TechInAsia. You can read the entire story here

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Business Standard
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Only 25% stay on a year later: Drivers are leaving Uber at an alarming rate

Uber is looking at ways to fix this, reports TechInAsia

executives have been alarmed recently by the accelerating rate at which drivers are leaving the service. Internal data shows that only 25 percent of drivers who sign up with and pass inspections stay on a year later.

is looking at ways to fix this. It’s inclined towards allowing riders to tip drivers in-app – something it was against doing and which its US rival Lyft offers. It’s also considering paying drivers more if they travel long distances to pick up passengers who make short rides.

Only 25% stay on a year later: Drivers are leaving Uber at an alarming rate
Drivers have been feeling that they’ve been doing more work for less money, with Uber’s cutbacks in bonuses contributing to that sentiment.
 
However, finds itself needing to keep its cashflow healthy, so it cannot overspend on bonuses. 
This is an excerpt from TechInAsia. You can read the entire story here

image
Business Standard
177 22