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New York City voted on Tuesday to become the first city in the US to set minimum pay requirements for rideshare drivers.
The new payment regulations would amount to an average raise of $10,000 per year for drivers that work for app-based services like Lyft, Uber, Via, Juno and Gett.
York - City - Landmark - Regulation - Workers
'New York City is once again passing landmark regulation to protect workers in the unruly gig economy,' the New York Taxi Workers Alliance said in a statement.
The rules will result in a minimum wage roughly equal to $17.22 per hour, which is in line with what taxi drivers in Manhattan are paid, according to CBS.
Rules - Proposal - Economist - James - Parrott
The new rules stem from a proposal authored by economist James Parrott, fiscal policy director of the Center for New York City Affairs at The New School.
The proposal allows for payment rates to fluctuate depending on how much work a driver is getting in any given hour.
'You - Industry - Drivers - Piece - Capital
'You might think that an industry that's growing so rapidly, in which drivers use a very big piece of capital equipment , would actually pay their workers quite well. That's not the case,' Parrott told CBS in July.
'The drivers are forced to spend much of their time cruising...
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