|
|
|
|
|
|
by scarface_74
486 days ago
|
|
|
Why do people think that independent contractors can always set their own rates? If I could just set my own rate I would ask for 1 million dollars an hour. I could either negotiate the rate and walk away if it isn’t high enough or accept the rate. Dynamic pricing is suppose to do just that. Uber sets their own rates rate based on demand. Higher prices should encourage more drivers and the market works itself out. |
|
|
Let's put an example with carpenters. Lets say I have contracted two different guys and I know how they work. One is cheap but unreliable and the other one is expensive but reliable. As the customer I can decide that the rate of the second one is acceptable and he is being fair with it because I have trust he will show up on time. If he were to charge me 1m per hour I'd no longer consider his rate as fair and no longer hore him for gigs. Also I can also search the unicorn carpenter who is cheap and reliable.
The market decides the rate. You can charge as little as you want but you might be missing money or even be in red numbers. Charge too much and you wont have contracts.
Setting your own rate is not the same as everybody accepting your rate.
> Dynamic pricing is suppose to do just that.
If an Uber driver has a nicer, cleaner car can he charge more? No. Then he cant set up his own rates. No matter how much better he is at the job he will charge the same as everybody else.
That's why Uber drivers are caught in the worst of two worlds. They are not employees but cant decide how much to earn per trip