Definition of land banking: The practice of acquiring land and holding it for future use. Definition of land banking: The practice of acquiring land and holding it for future use. Home
According to Paul, drivers keep 80 percent of their fares, -- giving Uber 20 percent, Uber covers 20 percent of tolls, they could work whenever they want, and the work was virtually non-stop. Upon exiting the vehicle, no money or tip was exchanged. Not even a form to sign. The service felt free..
So that's $15 an hour. But accounting for tolls, Uber's 20% cut, gas, car insurance, vehicle financing, and self employment taxes, the driver really only made $54.50 for 12 hours of driving. would have to work 80-120 hours a week to make ends meet, an uberX driver wrote on Quora. But at least Uber gives me the opportunity to work that much. Most companies will only hire you for low pay at only 35-40 hours a week..