The company that owns Uber and Lyft, Davenport, Utah-based Lyft, has a lot riding on whether they succeed.
They’ve made a fortune selling ridesharing services in the U.S., but their growth has been slower than some rivals.
Uber, for instance, is expanding in more cities than Lyft, while Lyft has struggled to keep up with the growth of other services.
It’s a complicated story for a new company trying to expand and take on a large market.
For drivers, the ride sharing world has been a rough ride.
Here are five ways drivers are losing money.
Uber drivers can make as much as $60,000 a year The average driver makes $40,000, but that’s not all drivers make.
Most drivers make $25,000 or less, according to data from the National Taxi and Limousine Commission.
The average wage for a driver in New York City is $21,856 a year.
That’s the average for a similar position at the top of the taxi industry.
Uber estimates that drivers in the company’s service will make $120,000 next year.
It makes no money at all if the ride is less than 30 minutes.
A driver in Chicago, where the company operates, can make $100,000.
If they make $80,000 the company is $60 million in the hole.
Uber can charge drivers less than the industry average, but drivers make more Uber drivers make much less than their competitors.
Uber says drivers in its service can make up to 80 percent of what the average taxi driver makes, but data from taxi industry sources suggest that’s often not the case.
Uber has a big advantage when it comes to getting drivers to pay their fair share of the fare, said Michael J. Wiedefeld, director of the Center for Taxi Research and Policy at the University of Texas at Austin.
Uber is able to charge higher fares than other services because it pays drivers about 10 percent more than its competitors.
A 2014 study by researchers at Carnegie Mellon University estimated that drivers at the highest end of the pay scale make less than drivers at average.
Uber also charges higher rates for drivers to cover operating costs.
Wiesefeld said drivers at lower incomes are likely to pay higher rates because Uber is paying them less.
“The drivers making more money are going to be making more than the average driver,” he said.
Drivers making between $50,000 and $100.5,000 can make about $100 a week.
Drivers earning between $70,000 to $80.5 million, or $120 to $140,000 per year, can earn $200 a week or more.
Drivers can earn a higher rate of return on investment in some cases The drivers make less money because they have to pay for their own insurance, according a 2015 study by the National Employment Law Project.
Drivers are also required to have a chauffeur for safety reasons, but some drivers who have a driver can earn more than their counterparts who don’t, the study found.
Uber claims drivers in that range are earning 30 percent more on average than the typical driver.
A recent study by The Economist found that drivers earning between about $75,000-$100,0000 per year are earning an average of $150 per week or about $1,200 a month.
The median annual wage for that income range is $37,000 for drivers with at least one driver, or about a third of what Uber’s drivers make, the report found.
The study found drivers in those higher income brackets are earning more than those in the lowest income brackets.
Uber doesn’t disclose how much drivers make or how much they pay for insurance.
Drivers often make too much money to be eligible for a bonus Some drivers who earn more money tend to take a hit because their average pay is so high, said Robert Hirsch, a professor at the Haas School of Business at the City University of New York.
The bonus they receive is a small amount compared with what a driver could make if they worked at Uber for five years.
In fact, the average bonus that drivers are entitled to is less likely to be enough to make them earn more, Hirsch said.
A bonus for drivers is generally only worth about $500, or one-third of what a typical driver earns, according the National Institute for Occupational Safety and Health.
That means Uber’s bonuses can often be worth more than $100 per month.
Drivers who are in the top 10 percent of the income scale can get bonuses that can top $200,000 each, according Wiedefel.
Drivers at the lower end of that income spectrum can get much more money.
Wiebe said he’s seen drivers with a bonus of $100 to $200 per month earn a bonus as much or more than drivers with the same pay who make less.
He also said the average salary for a typical Lyft driver is about $35,000 in New Jersey,