Fewer than 20 percent of Denver Uber drivers make the advertised wage

Uber agreed to pay $20 million Thursday to settle a the Federal Trade Commission lawsuit over driver pay and its car financing programs.

staff photo
Megan Arellano

Uber agreed to pay $20 million Thursday to settle a the Federal Trade Commission lawsuit over driver pay and its car financing programs. 

As part of the lawsuit, the FTC included rates that the company advertised in Craigslist ads — $20 an hour in Denver — and what proportion of drivers actually made that much.

Here in our fair city, less than 20 percent of drivers made $20 an hour. In some cities, the proportion of drivers earning the advertised wage was as low as 10 percent, according to the FTC.

The lawsuit also alleges that the company was issuing subprime auto loans, promising the “best financing options available” with “no basis” for the claim.

The company told the Wall Street Journal, “We’re pleased to have reached an agreement with the FTC. We’ve made many improvements to the driver experience over the last year and will continue to focus on ensuring that Uber is the best option for anyone looking to earn money on their own schedule.”

Thanks for reading another Denverite story

Looks like you’re the type of person who reads to the ends of articles! Well, true believer, you might really like our morning newsletter. It’s quick, free and gets you up to speed on the important and delightful things happening right here in Denver. Does Denverite help you feel more connected to what’s up in your area? Do you want to be a part of it?

Member donations are critical to our continued existence and growth.

Support our work

Weird times

Denverite is powered by you. In these weird times, the local vigilance, the local context, the local flavor — it’s powered through your donations. If you’d miss Denverite if it disappeared tomorrow, donate today.

Support our work

You’re our superpower

Denverite supporters have made the decision to financially support local journalism that matters to you. Ready to tell your networks why? Sharing our “About” page with your own personal comments could really help us out.

Here’s that page

You’re our superpower

Denverite members have made the decision to financially support local journalism that matters to you. Ready to tell your networks why? Sharing our “About” page with your own personal comments could really help us out.

Here’s that page

Tagged

Federal Trade Commission, root down, transportation, Track and field, ride hailing, Paul Millsap, Uber, Aurora