NYC sets smaller driver pay bump after Uber, Lyft pushback New York City on Friday announced new minimum-pay rules for rideshare drivers, settling on a smaller-than-proposed 5% increase following pushback from Uber Technologies Inc and Lyft Inc An earlier proposal called for a 6 1% pay boost
New York City sets minimum pay for rideshare drivers - MSN New York City drivers for Uber (NYSE:UBER) and Lyft (NASDAQ:LYFT) will get a minimum pay hike of 5% under a new set of rules established by the city’s Taxi and Limousine Commission (“TLC”)
NYC Drivers Get Pay Boost: Uber Lyft Respond to New Wage . . . A recent publication by Bloomberg reveals that New York City has introduced new minimum pay regulations for rideshare drivers, opting for a modest increase of just 5% rather of the initially proposed 6 1% This decision came after significant pushback from major players like Uber and Lyft
NYC proposes 5 percent raise for rideshare drivers in a bid . . . Uber and Lyft have long had a contentious relationship with city and state governments over driver protections In comparison to the passing of Prop 22 in California, which reclassified gig workers as contractors after another law did the opposite, even a diminished minimum wage law in New York is better than nothing
Statement from NYC Comptroller Lander on Taxi and Limousine . . . New York, NY — Following the New York City's Taxi and Limousine Commission's (TLC) announcement on new minimum-pay rules for ride-share drivers, New York City Comptroller Brad Lander released the following statement: “This new rule would provide higher pay and protections against lockouts for Uber and Lyft drivers who’ve been constantly denied rights
Mayor Adams Secures Agreement With Uber, Lyft to put Money . . . Under today’s agreement, Uber will immediately begin phasing out access restrictions for drivers using its platform, with the goal of ending them entirely by Labor Day if Lyft maintains an annual company utilization rate (the time drivers spend with a passenger) of at least 50 percent — a figure that is reduced when companies like Uber and