Minimum Wage Set for Uber, Lyft Drivers in NYC


The NYC Taxi and Limousine Commission recently voted to approve minimum wages for drivers of any ride-sharing service, which includes Uber and Lyft. At the end of December 2018, drivers must be paid $17.22 per hour, which includes any expenses they incur. The amount was reported on Tuesday by the Washington Post.

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The vote makes New York the only US city to require minimum wages for drivers, which the ride-sharing companies wholeheartedly opposed. The founder for the Independent Drivers Guide, Jim Conigliaro Jr. claimed that the vote sets a new (better) standard for all contracted workers in the US. His statement went on to say that the vote is bringing relief to over 80,000 families who desperately need fair wages. He also tanked the parties involved for passing the rules and helping them become official.

Long-Time Coming

For many drivers, including taxi drivers and limousine drivers, having a set minimum wage has been a worthy fight. They’ve rallied for set wages for many years. Along with such, drivers for Lyft and Uber, the two most prominent ride-sharing services, have claimed that they take cuts out of the driver’s pay. One particular study, funded by the taxi’s commission, found that most drivers only made $11.90 per hour, which is well under the minimum wage for NYC of $15 an hour.

Companies Complain

Jason Post, the director of public affairs for Uber, claims that the increased minimum wage and set wage is going to increase ride costs for users and claims that their previous pay scale didn’t take bonuses or other incentives into account. He also worried that higher wages could mean longer wait times for the riders.

What are your thoughts on minimum wage for rideshare drivers? Do you think it is going to help the industry thrive or kill it where it stands? Let us know in the comments below.

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Minimum Wage Set for Uber, Lyft Drivers in NYC

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