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 proposes 5 percent raise for rideshare drivers in a bid to appease . . . 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
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
Uber and Lyft face new NYC driver pay rules with 5% increase Investing com -- New York City announced new minimum-pay rules for rideshare drivers on Friday, finalizing a 5% increase instead of the initially proposed 6 1% boost after opposition from Uber
NYC Drivers Get Pay Boost: Uber Lyft Respond to New Wage Increase 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