NYC Offers Minimum Wage for Uber and Lyft Drivers The city is the first in the U.S. to set a minimum pay rate for app-based drivers. About 80,000 drivers in New York City are affiliated with ride-hailing companies. Thanks to the new formula, drivers will earn a minimum wage of $17.22 per hour, which is the ride-hailing equivalent of
a $15 minimum wage. The move goes into effect in 30 days and will raise the average driver's
pay by $9,600 a year. Critics of the proposal, namely Uber and Lyft, say the policy will make it harder and more expensive for passengers to
get around. Uber, via statement