The formula sets a minimum take-home wage of $17.22 per hour, in addition to the possibility of earning "shared ride" bonuses for picking up and dropping off carpool passengers.
Photo via Lyft.
New York State Supreme Court Justice Andrea Masley has dismissed a lawsuit filed by Lyft against the New York City Taxi & Limousine Commission’s (TLC) new minimum wage mandate.
The mandate was approved by the TLC and went into effect last year. The formula sets a minimum take-home wage of $17.22 per hour, in addition to the possibility of earning "shared ride" bonuses for picking up and dropping off carpool passengers.
Lyft challenge the rule, claiming that it was anti-competitive, arbitrary, and could not gaurantee its purposes of higher driver compensation and decreasing congestion, among other issues.
The court sided with the TLC, saying, in part, that it is "based on facts and an analysis of many factors including its economic impact." On the charge of the rule being anti-competitive, the court said that claim lacked "any factual basis."
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