How much do Lyft drivers make a month: This question is probably on everybody’s mind when they are using the application. Numerous drivers are ready 24/7 to take ride orders all across the USA and Canada. With so many people working as drivers for Lyft, the salary must be really tempting.
To estimate the Lyft Drivers’ income, we can see the reports from Earnest, a lending company. They say that the median earnings of Lyft Drivers are on the value of $210 per month. This much higher than Uber drivers that earn $155 per month. This earning maybe not same between the country but Lyft Drivers can earn more from the tips and other additional income.
If you want to know how much do Lyft drivers make a month? Below is the answer for you.
Calculate How Much do Lyft Drivers Make a Month
By doing the driving job every day, it is believed that a Lyft driver can earn more than $4,000 every month. Considering that for most drivers the job is not their main job, $4,000 or more is quite a lot of extra-job money. It can pay bills and many things else in the household.
In the high season, such as around the summer and year-end holiday, the users of Lyft service increase and so do the earning of the drivers. Around high season, the drivers can get $5,000 to $6,000 every month.
For a second job or side job, that amount of money is really tempting, especially because all you need to do is just driving your own car across town. The job can be done flexibly without a strict schedule and rules.
This is basically why numerous people cannot wait to become a Lyft driver and make extra cash. The money from Lyft can be cashed instantly using Express Pay. Thus helping the drivers to cash out wherever and whenever they need the money.
How Lyft Drivers Increase Their Income
Besides the main payment or salary from the company, a Lyft driver can easily earn more money from the driving job. If you want to know how the driver can flexibly increase his earning, here are some of the aspects from Lyft that can do it.
Gets Income From Customer Tips
Obviously, tipping the driver is allowed and it is even available in the Lyft App. The tips can increase the driver’s earning. Since it is very easy for passengers of the ride to tip their driver right away using the app, it becomes quite customary. This is why the drivers of Lyft have earned more than $200 million just for tips to this day.
More Income From Weekly Bonuses
The company has lots of bonuses for their drivers. Essentially, the more you drive, the more money you will get. The weekly bonuses are awarded by the drivers who rarely or never reject a ride order. So, if a driver always hits the road whenever a passenger needs him, surely he will get huge weekly bonuses.
Extra Income From Referral Bonuses
The weekly bonuses are not the only source for extra cash for the drivers. There are referral bonuses that they can still chase. The bonus allows drivers to get lots of money without even have to drive the car.
All they need to do is inviting their friends and family to order Lyft or drive with Lyft. If they want to do it, the drivers will get an extra cash bonus as gratitude from the company.
With that many ways to make cash, you do not even have to worry if the main salary from Lyft is not as big as your expectation. There are still many ways to get extra money from the company.
Now that you know Lyft drivers make quite a lot of money every month. You will probably get tempted to try the job as well. Considering that the driving job can be done inflexible schedule. This kind of job is suitable to make extra money.
You can do it right after your main job is done and judging from how much do Lyft drivers make a month, you can get a huge amount of extra money anyway.