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Hi, I'm leaving Citi in 2 months.It's hard to make this decision. I have an offer from a small startup.In citi, my previous experience was not considered and was reskilled to different tech which is the reason for change.I don't like to exit citi. As I like the company so much.But considering my current knowledge,I am in the middle of the sea.I am afraid now that the new company's offer would be revoked due to this recession?Or can I take back my resignation in citi before the last working day.Is this wise decision?
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A1 - “No one should be surprised, it’s not a skilled job...” Do you believe that only people working skilled jobs deserve to be paid a fair wage? Yikes
Don't worry, the human drivers will all be replaced by robots soon enough.
OP's guilty feeling solved.
A1's pointing out economics, which is now, apparently, elitism...solved.
Good job, consultants!!
It’s not - Uber has a low price to undercut taxis and other ride sharing businesses...
They're guaranteed not making more than the rate you're charged unless you have a promo discount and it is displayed.
Surprise surprise, driving Uber around is not that profitable. Uber told drivers that to get them to sign up, told riders that so they don't feel bad about guys earning nothing while driving all day. No one should be surprised, it's not a skilled job...
Tip him?
Tipping isn’t the solution, it only allows Uber to undercut more and expect the consumer to effectively pay wages
I heard Uber and Lyft heavily subsidize the fares so the driver in your case isn’t getting a share of $40, it’s > that
A1 has never seen skilled drivers in nyc
They’re trying to subsidize less and become profitable now that they have market share. Now that uber has a tipping option, I’m sure they can lower driver payments.
Huge driver turnover. It’ll be interesting to see how it plays out
A1 yikes, elitist much?
I didn't say they didn't deserve a fair wage. I just said it's not a skilled job, you shouldn't expect them to make a skilled job's wages.
There's nothing elitist about that point of view, it's basic economics. I don't treat my Uber drivers any different than anyone else in my firm or in life.
Your view of basic economics is that unskilled workers deserve fair wages but shouldn’t expect them? I hope you’re voting along the lines that will change that expectation then.
Why don't you tell me how much they should be making? This driver just earned about $16-18/hr plus tip for the ride ($20/hr minus Uber's cut). The earnings are then increased once this person hits a bonus. Their total take home at the end of the week might about to $23-28/hr. You think that's not fair?
You seem to have a problem with me, you should bring it up with Uber, they're the ones giving you the cheap deals and determining how much the drivers are paid.
I think this echo’s A1’s point, but wages are (and have always been) based on supply and demand for labor ... demand is often greater for niche skills. Since driving a car isn’t that niche of a skill, drivers aren’t compensated lavishly.
We can get into the whole “well, they should be guaranteed a minimum of $X per hour” debate if we want, but just remember that those costs are passed into the consumer (as a negative externality). Paying the Starbucks or McDonalds worker $15/hour just means higher consumer prices, not less C-Suite / corporate profit (eg. It’s a fallacy to think the top just takes less.)
Uber is ruthless in how it treats drivers. All the costs are passed to them and they make advertising claims that they can’t back up (drivers in nyc make 80k a year - which was retracted when someone called them out on it and they couldn’t supply proof).
And this is why there’s huge turnover - it’s a low skill job
However - we use it and that’s why drivers get paid what they do