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Drivers for Uber and Lyft will earn a minimum pay standard of $32.50 per hour under a settlement announced Thursday by Massachusetts Attorney General Andrea Campbell, in a deal that also includes ...
A plan to boost pay for Uber and Lyft drivers in Minnesota that lawmakers believe would prevent the companies from leaving the market advanced in the state Legislature on Sunday before the ...
Uber and Lyft have agreed to offer a minimum wage, paid sick leave and other benefits for drivers as part of a $175 million settlement resolving a multi-year legal battle with Massachusetts. The ...
Uber said that 90% of their 1.2 million drivers nationwide work less than 40 hours per week, with 80% working less than 20 hours per week, and that if they were required to classify drivers as employees, they would terminate 80% of their drivers because their nationwide business can only support 250,000 full-time jobs. [6] [22] [14]: 1 [21]
Uber and Lyft offer Instant Pay and Express Pay for their drivers. [56] The website NerdWallet helps redirect potential payday borrowers to non-profit organizations with lower interest rates or to government organizations that provide short-term assistance. Its revenue comes from commissions on credit cards and other financial services that are ...
After the launch of the Lyft app in May 2012 for intra-city rides, the Lyft app rapidly grew and became the focus of the company. Zimride officially renamed as Lyft in May 2013, and the Zimride service was sold to Enterprise Holdings in July 2013. [4] [5] As of July 2013, the service had over 350,000 users and had partnerships with Facebook and ...
The ride-hailing companies Uber and Lyft said they will delay their planned exit from Minneapolis after city officials decided Wednesday to push back the start of a driver pay raise by two months.
Uber and Lyft settled investigations into whether they took pay from drivers for a price tag of $328 million.