Rough ride for Ola, Uber drivers: Earnings fall 70% on lower incentives & stiff competition

[Informalisation and Labour Rights - Related News]

A change in the incentive plan and hard-nosed competition among cabs have resulted in a rougher ride for Ola and Uber drivers. While last year earnings for many of these drivers crossed Rs 1 lakh a month, this year has seen a slump of over 70% for most. According to a study by RedSeer, a Bengaluru-based research and consulting firm, earnings of drivers of Ola and Uber with small hatchback cars (Ola Mini, Ola Micro, UberGo) have slumped to Rs 15,000-22,000 a month and R24,000-32-000 for bigger vehicles (Ola Prime and UberX). RedSeer had conducted the study over a period of 10-12 months across 14 cities in the country including Bengaluru, Delhi, Kolkata, Mumbai, Ahmedabad, Jaipur, Indore and Pune.