Uber, Lyft Agree to $32.50 Minimum Wage for Massachusetts Drivers

MT Newswires Live06-28 18:16

Massachusetts said Friday that it has reached a $175 million settlement and secured a pay raise for drivers to resolve a years-long case against Uber (UBER) and (LYFT) for alleged violations of labor laws.

The two companies must pay drivers a minimum of $32.50 per hour and grant them several benefits and protections, including paid sick leave, occupational accident insurance, pooled access to health insurance, and health care stipends, a statement said.

Attorney General Andrea Joy Campbell's office said "a substantial majority" of the $148 million paid by Uber and $27 million paid by Lyft will be distributed to current and former drivers as restitution.

The settlement also halts the companies' effort to place a ballot initiative in 2024 to bar a minimum wage for their drivers.

Uber and Lyft did not immediately reply to MT Newswires' requests for comment. In separate statements published by The New York Times, both companies praised the settlement as a win for drivers.

Price: 70.49, Change: +0.15, Percent Change: +0.21

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