I don't understand how drivers calculate their nett earnings. When got full time job the calculation is basic salary less EPF & Socso; sometimes include travelling cost.
But with Grab/Uber it's total earnings less pertol spent including personal time, less food, less toll which the customers pay for, less maintenance.
Grab/Uber:Weekly Earning: RM1500 (for 6 days work)
Less Food RM60 x 7 days = RM420 (RM30 per meal if you only count 2 meals. Most count 4)
Less petrol RM50 x 7 days = RM350 (I only spend RM30 to 40 a day)
Less toll RM100 ( I usually spend about RM50)
Maintenance RM50 based on RM200 a month
Nett weekly earnings calculated = RM580 not counting maintenance yet.
So monthly looking like RM2320 only for 60-80 hours of work per week.
This is what I call cock calculations.Full time job:Salary RM3500 (average income) less EPF and Socso maybe about RM3100. Petrol to travel to work RM200 a month. So, nett earning is RM2800 for 40 hours week.
Looks nicer right?
What happen to parking cost and personal driving time cost? What about food cost while at office? While we are discussing it, how about food at other times?
And 40 hours week? Really? How many of you clock out exactly after 8 hours everyday? Also, you never count in travelling time to and fro work. That's for the average person an added 2 hours a day or 10 hours a week. Even at 8 hours a day that is still 50 hours.
Real calculations for Grab/Uber:Weekly Earning: RM1500 (I touch RM1800 for 6 days work)
Less Food while working RM20 x 6 days = RM120
Less petrol RM40 x 6 days = RM240
Less toll RM0 (because customer pays for this)
Less average maintenance every 8 weeks RM40
Actual Nett earnings calculated = RM1100.
MONTHLY RM4400.
I only work 60-65 hours weekly. No travelling time to work. My car is my office. I can eat at various places around town without added travelling time for it. I can take 1 hour lunch or 5 hour lunch. It's up to me. I can take a day off on Sunday or Monday or Wednesday or any f@%king day I like.
Now you do the proper math. Every job has ups and down. If your job was so great why even look at Grab/Uber as a possible source of income?
I prefer if you stupid idiots don't join and then maybe both companies will keep our incentives high.
Principally I agree with everything you said. But your tone a little too aggressive la. Haha.
I don't know how each and everyone calculate. But I have been doing it full time for a year and a half d, every month I less my petrol and all I still nett about 6-7k. So am pretty happy with it.
Is it tiring ? Yes.
But I don't know how a lot of them calculate until lunch money, , dinner money, insurance and all put in.
Every month I do 8k ish, 20% is petrol. 200 I save up for maintenance. That's all my cost. Car installment doing Uber or not still have to pay wan. So can't calculate it in.