Lyft and Uber stop boarding for new drivers in New York City after last year's historic vote lifted the minimum wage for driver equipment companies late last year, Politico reported Monday.
The news comes after New York's Taxi and Limousine Commission passed new minimum pay rules for passenger companies in December to ensure that drivers receive a livable wage that came into effect in early February.
This minimum takes this into account Independent contractors, ie the workforce that passenger companies rely on for their business, would have to earn a little over $ 17 per hour after taxes and costs to earn the minimum wage of $ 15.
According to Politico, the new rules govern companies to have too many active drivers on the city streets who actually do not carry passengers. The main purpose of the rules is to help limit the number of vehicles to drive, while ensuring that drivers earn a reasonable wage. The site noted that "