This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, visit this page.
Women Uber drivers only earn 93 cents on the dollar compared with their male colleagues, a new study from the National Bureau of Economic Research shows.
The study found several reasons for the gender pay gap among drivers for the ride-hailing company, including overall driving speed, the amount of time the drivers had worked for Uber and the timeframes and locations drivers preferred to work.
Those factors combined less mean income for women who drive for the ride-hailing company.
“We do not find that men and women are differentially affected by a taste for specific hours, a return to within-week work intensity, or customer discrimination,” the authors of the study, who include Jonathan Hall, chief economist and director of public policy at Uber, and economists from Stanford University write in the study that was released Monday.
Uber drivers have already been shown to make a measly average $8 to $10 when factoring in various vehicle expenses. So a gender pay gap likely means that women drivers are at the lower end of that spectrum.
Even more troubling, the researchers found this trend to be prevalent throughout the entirety of the gig economy.
“Our results suggest that there is no reason to expect the ‘gig’ economy to close gender differences,” the study authors write. “Even in the absence of discrimination and in flexible labor markets, women’s relatively high opportunity cost of non-paid-work time and gender-based differences in preferences and constraints can sustain a gender pay gap.”
To conduct the study, the researchers examined the labor supply choices of more than 1 million drivers on Uber’s platform in the US.
H/T: MarketWatch
Featured image by Thomas Trutschel/Photothek via Getty Images.
The American Express Platinum card has some of the best perks out there: cardholders enjoy the best domestic lounge access (Delta SkyClubs, Centurion Lounges, and Priority Pass), up to a $200 annual airline fee credit as well as up to $200 in Uber credits, and mid-tier elite status at SPG, Marriott, and Hilton. Combined with the 60,000 point welcome offer -- worth $1,140 based on TPG's valuations -- this card is a no-brainer for frequent travelers. Here are 5 reasons you should consider this card, as well as how you can figure out if the $550 annual fee makes sense for you.
- Earn 60,000 Membership Rewards® points after you use your new Card to make $5,000 in purchases in your first 3 months.
- Enjoy Uber VIP status and free rides in the U.S. up to $15 each month, plus a bonus $20 in December. That can be up to $200 in annual Uber savings.
- 5X Membership Rewards® points on flights booked directly with airlines or with American Express Travel.
- 5X Membership Rewards points on prepaid hotels booked on amextravel.com.
- Enjoy access to the Global Lounge Collection, the only credit card airport lounge access program that includes proprietary lounge locations around the world.
- Receive complimentary benefits with an average total value of $550 with Fine Hotels & Resorts. Learn More.
- $200 Airline Fee Credit, up to $200 per calendar year in baggage fees and more at one qualifying airline.
- Get up to $100 in statement credits annually for purchases at Saks Fifth Avenue on your Platinum Card®. Enrollment required.
- $550 annual fee.
- Terms Apply.
- See Rates & Fees
Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.
Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.
