• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

With no heirs to leave it to, this billionaire is pouring his fortune into a Texas ghost town of about 25 people

2

Uber CEO says ‘really demanding’ work culture includes expecting employees to answer emails over the weekend: ‘Don’t come here if you want to coast’

3

OpenAI says its AI agents escaped a secure 'sandbox' again last weekend and it is pausing training for a second time

1

With no heirs to leave it to, this billionaire is pouring his fortune into a Texas ghost town of about 25 people

2

Uber CEO says ‘really demanding’ work culture includes expecting employees to answer emails over the weekend: ‘Don’t come here if you want to coast’

3

OpenAI says its AI agents escaped a secure 'sandbox' again last weekend and it is pausing training for a second time

Uber and Lyft Drivers Could Be Getting a Serious Raise in New York City

By
Natasha Bach
Natasha Bach
Down Arrow Button Icon
By
Natasha Bach
Natasha Bach
Down Arrow Button Icon
July 3, 2018, 5:01 AM ET
Google source logo
Add Fortune on Google for similar content.

The tussle between ride hailing apps and drivers continues—and the drivers may have just gotten the upper hand.

On Monday, New York’s Taxi and Limousine Commission—a New York City government agency—released a report advocating for a wage increase for ride-hail drivers.

The study, conducted by two economists, suggests that drivers should be given a raise to $17.22 an hour after expenses or an hourly wage of $15 with an allowance for paid time off. That amounts to a 22.5% increase to net pay or $6,345 a year; 85% of the city’s ride-hail drivers now make less than this proposed minimum.

Jim Conigliaro Jr., founder of the Independent Drivers Guild, which represents around 65,000 app-based drivers across New York City, told Reuters that the study “confirms” what the drivers have been saying. “Drivers are in fact struggling and it’s time to act. New York must require exploitative companies like Uber and Lyft to pay a livable wage,” he said.

The increase is intended to help offset the costs the driver incurs to own and drive its car in the city. Should New York implement this minimum wage, it would become the first city in the country to do so. The Commission is considering implementing new rules for ride hailing services; the report could serve to inform these rules, a draft of which are due to be published for public comment in the coming months.

Uber and Lyft criticized the findings of the report.

About the Author
By Natasha Bach
See full bioRight Arrow Button Icon

Latest in Careers


Most Popular

Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

    Latest in Careers


    Most Popular

    © 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
    FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.