Uber and Lyft Agree to Give Massachusetts Drivers Minimum Pay [The New York Times]
Uber Technologies, Inc. (UBER)
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Source: The New York Times
Uber and Lyft settled ayearslong legal disputeAs part of the settlement, Uber and Lyft will pay $175 million to resolve claims that the companies violated state labor laws, with most of the money to be distributed to gig workers, state officials said in a statement. But in a win for the ride-hailing companies, drivers will continue to be classified as independent contractors and not employees.Among the benefits that the state won for its gig workers were a health insurance plan for drivers working at least 15 hours a week, expanded accident insurance and a minimum pay rate of $32.50 per hour for time spent on a ride.The settlement followed similar pay and benefit provisions enacted in New York, California, Washington State and most recently Minnesota. Uber and Lyft have spent tens of millions of dollars on local government lobbying against efforts by workers and labor groups to increase driver pay.“For years, these companies have underpaid their drivers and denied them basic benefits,
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