Decent Income Among Top Reasons Singaporeans Work As Private Hire Car Drivers

Decent Income Among Top Reasons Singaporeans Work As Private Hire Car Drivers

A total of 41,000 Singaporeans are registered as Private Hire Car Driver’s Vocational License (PDVL) holders of which 47.1% are 40-59 years old, 44% are 20-39 years old, and 8.5% are 60-74 years old.

The Ministry of Transport (MOT) reported these findings during a Parliamentary sitting in May.

A transport economist quoted by Singaporean news daily Channel News Asia had cited several reasons for this growth in PDVL licence holders.

Dr Walter Theseira, highlighted among others, the technology platforms and incentive structures used by private car hire companies like Grab and Go-Jek appeal to those looking for ways to boost their income and points out that this type of ‘gig’ economy has its upsides and downsides.

Advantages working as private hire drivers

Spilling the good and bad sides of working as private hire drivers, Singaporeans quote flexibility, being your own boss and decent income as top 3 reasons they choose to work as private hire drivers for part-time and full-time.

Other reasons include:

  1. Companies such as Grab and Go-Jek provide competitive incentives such as insurance coverage, fuel and car maintenance rebates as well as mobile data savings.
  2. The take-home pay is competitive with many other entry-level jobs in Singapore.
  3. Lack of job opportunities in private sector for fresh graduates as well as experienced workers.

Disadvantages working as private hire drivers

Despite the attractive lure of private hire driving, there are also negative aspects to this emerging job trend. Some of them are:

  1. Drivers don’t learn anything new resulting in no significant marketable skills in the long run.
  2. No clear career path for youngsters.
  3. Drivers are prone to physical risks as they are prone to accidents.

[Source]

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