ride-hailing companiesdriver pay raiseMinneapolisUber and Lyft will delay their exit from Minneapolis after officials postponed the start of a driver pay raise ordinance.
Uber and Lyft have postponed their departure from Minneapolis to July 1, following a decision by city officials to delay an ordinance that mandates increased pay for drivers. The revised ordinance requires companies to pay at least $1.40 per mile and $0.51 per minute, with the intention of ensuring drivers earn the city's minimum wage of $15.57 per hour after expenses. While the companies argue the rate will make rides unaffordable, causing a decrease in demand, drivers and supporters see it as a step towards more equitable pay.