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Why are these industries separate from the standard minimum wage? Honest question. Is it to include the cost of business?
by ramenmeal 8y ago
Why are these industries separate from the standard minimum wage? Honest question. Is it to include the cost of business?
- obenn 8y agoI would assume it's exactly that. A passage from the article below: "The equivalent wage for drivers, who are considered independent contractors and have to cover their own expenses, is $17.22." It's up from 15$ baseline so I assume 2.22$/hr is what they benchmark fuel/maintenance to cost.
- tjohns 8y agoI've seen some other sources mention that the new minimum wage is actually "$27.86 an hour, which translates to $17.22 after expenses". [1] What they consider "expenses" there isn't specified, but that would put their estimate for driver costs at over $10/hour. Which actually seems more reasonable, given the cost of fuel. [1]: https://www.theverge.com/2018/12/4/18125818/uber-lyft-ride-share-new-york-wage-increase-minimum https://www.theverge.com/2018/12/4/18125818/uber-lyft-ride-s...