News Exercise #153
Please note that Google’s automatic closed captions are very inaccurate.
1. What two examples of a daily wage were given?
2. Why are they possibly not eligible for an official London living wage?
3. How does Uber attract new drivers?
4. How does this tactic in Q3 affect Uber’s profits?
Answers:
1. What two examples of a daily wage were given?
One man got 34 pounds for a day of 10 hours, and another said his friend got 9 pounds.
2. Why are they possibly not eligible for an official London living wage?
They are technically self-employed, and so Uber do not have to guarantee a minimum wage.
3. How does Uber attract new drivers?
They give bonuses to new drivers to come from competitors.
4. How does this tactic in Q3 affect Uber’s profits?
They lost $1.2B in the first half of this year.
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