NYC votes to set minimum pay for Uber, Lyft drivers

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On Tuesday, New York City’s Taxi and Limousine Commission voted to set a minimum pay rate for Uber, Lyft, and other on-demand ride-hailing drivers. The new rate will be set at $17.22 after expenses, or $26.51 per hour gross.

New York is believed to be the first city in the nation to implement such a pay floor. Four months ago, the Big Apple also imposed a cap on the number of such vehicles in the city.

The Independent Drivers Guild, a local affiliate of the Machinists Union, advocated for the change.

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