How much do Deliveroo Pay

When you’re feeling peckish, ordering food online is the easiest solution. There are plenty of food delivery services available, but one of the leading players in the UK and other countries is Deliveroo. They bring restaurant meals, groceries, and other products directly to you when you’re starvin’ Marvin.

With the rise of technology, many people are looking for ways to escape from a traditional 9-to-5 job, so working as a Deliveroo’s rider is a good alternative to earn additional income in this current gig economy. Their flexible working hours and greater control over work-life balance are quite attractive features.

In this article, we’re going to explore the earning potential for Deliveroo’s drivers, how the payment system works, give you an overview the benefits and drawbacks. We will also cover the Wise multi-currency account showing you how to make the most of your salary when transferring money abroad or travelling abroad.

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How much does the average Deliveroo driver make per year?

According to a survey by Indeed, the average Deliveroo hourly pay ranges from approximately £10.17-£13.63 per hour for a courier, which can vary depending on factors like location, demand, and the mode of transportation used. The average Deliveroo salary ranges from approximately £18,900-£25,000 per year.¹

The hourly rate for the minimum wage depends on your age, so if you’re 23 or over, you receive the National Living Wage (NLW), which is £10.42; 21 to 22, £10.18; 18 to 20, £7.49; and under 18 or apprentice, £5.28. This makes the Deliveroo hourly wage similar or up to 30% of the NLW.²

In the last years, Deliveroo has come under fire for the way it pays and treats its drivers. After proposing changes to its pay system that would have resulted in some drivers earning less, the company faced a backlash.³ But even after protests and pressure from unions, the company eventually maintained its present pay system, which is common in other companies on the same segment, where the “self employed” or “contract” model is used.

How much do Deliveroo drivers earn?

As of 2022, when working with Deliveroo, you get paid for each delivery you make, with no guaranteed earnings per hour. The fee varies per order, factoring diverse variables, among them the distance and peak hours. During lunchtime and dinner time, there’s typically higher demand, which leads to more money, in contrast with mid-morning or mid-afternoon, which can result in lower earnings. The type of vehicle you’re using also can influence your income. You can use a push-bike, E bike, scooter or a car.

You’ll be able to choose among several orders, and the algorithm will group several orders from the same restaurant if they are being delivered to locations that are somewhat close to one another. These trips are particularly profitable because you don’t need to go back and forth between the restaurant and the consumer.

Taking advantage of busy areas and maximising your earnings at evenings and weekends are good strategies too. It’s better for you to be where the high demand is, searching in the heatmap for purple areas and blue sectors where the demand is high or Deliveroo is offering increased pay, respectively.

You can also collect 100 percent of the tips you earn, boosting your pay. Deliveroo transfer your earnings including your tips, weekly, every Tuesday, but you can receive them whenever you like using the in-app cash-out feature.

Benefits of Deliveroo

Flexibility and autonomy are the keywords when talking about working for Deliveroo or another type of gig economy job. Drivers can choose when and how much they want work, being able to fit the work schedule around other commitments, such as school or another job. Being your own boss also has its perks, and you can just pick up your deliveries and hit the road, without answering to managers or deal with office politics.

You can potentially earn more money during peak times or staying in busy areas. Demand for deliveries can drive up pay rates, so if you’re willing to work during busy periods, or evenings and weekends, you can make some decent cash.

However, not everything is rainbows and unicorns, and being a ‘Roo has some drawbacks. The lack of job security is the main issue. As a self-employed contractor, drivers aren’t entitled to benefits like sick pay or holiday pay. You’re also responsible for your own vehicle wear and tear costs, like maintenance and repairs. Additionally, your income at the end of the month fluctuates, so it can be difficult to manage, especially if you’re relying on your earnings to pay bills or cover other expenses. \

Sending Money with Wise

If you’re sending money abroad to your family or paying off loans in other countries, Wise can help you save money on fees and exchange rates. That’s because Wise uses the mid-market exchange rate, with no hidden fees, so you’ll always know exactly how much you’re paying.

It’s pretty straightforward, you just need to follow these 5 little steps:

1. Register for an account for free.
2. Choose an amount to send.
3. Add recipient’s bank details.
4. Verify your identity.
5. Pay for your transfer.

And that’s it. You can track your transfer in your account, and you’ll be notified of everything.

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Please see the Terms of Use for your region or visit Wise Fees & Pricing for the most up to date pricing and fee information.

After reading this guide, you should be prepared to start working as a Deliveroo courier. The advantages are a flexible work schedule and the potential for higher earnings during peak times, but the lack of job security and benefits included in a traditional work can be challenging.

Sources used:

Sources last checked on date: 05-May-2023