NYC’s new driver wage law means the days of cheap Uber rides are over

Starting today, drivers for certain ride-hail apps in New York City will see a significant pay bump, while drivers for other apps will not. In many cases, they will be the same driver since New York City drivers typically moonlight for multiple apps. If that sounds like a hot mess, it’s because it is.

This confusion is the result of an 11th-hour push by two companies, Lyft and Juno, to disrupt the implementation of a new law mandating higher wages for drivers. Under legislation passed by the city in December 2018, which is scheduled to take effect today, ride-hail companies must pay drivers at least $17.22 an hour after expenses. The pay formula uses a so-called utilization rate, which accounts for the share of time a driver spends with…

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