Job flexibility has long been considered one of the “immeasurable” components of compensation. No one denies that flexibility has value to workers, but that value is hard to quantify. However, the Uber ride-sharing platform provides economists with a unique way to estimate the value of various levels of job flexibility and adaptability. Based on data from close to 200,000 active Uber drivers, economists have estimated the value of a fully flexible job similar to what Uber provides at 40 percent of expected earnings or $150 per week for the average Uber driver.
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