New York Earnings Notice

Notice and Acknowledgement of Earnings for Independent Contractor Drivers in New York

Company Information

Name: Lyft, Inc.

Doing Business As (DBA) name: Lyft

Physical Address: 185 Berry St Suite 400, San Francisco, CA 94107

Mailing Address: 185 Berry St Suite 400, San Francisco, CA 94107

Lyft Help Desk: https://help.lyft.com/hc/en-us

Earnings

Your earnings consist of the Driver Fare and additional payments (if applicable), as described in more detail below in this paragraph and as outlined in the Driver Addendum.

Driver Fare

You earn a Driver Fare for each completed trip. Driver Fare will consist of either:

  1. Base fare or pickup fare amount, plus incremental amounts based on the actual time and distance of the ride as measured by Lyft. The applicable base fare and/or pickup fare amount(s) and cost per mile and minute are based on location of the trip. The Rate Card displayed on your Driver dashboard will list the base fare or pickup amount, and the cost per mile and minute.
  2. Upfront Driver Fare, which will be quoted to you before you accept the ride request. The Upfront Driver Fare is calculated using several factors, including estimated time and distance, pick up time and distance, demand for riders in your market, and other real-time market conditions. You will be paid the Upfront Driver Fare; however, this amount may be adjusted, at Lyft’s discretion, if there are significant changes to the trip. Additional details about Upfront Driver Fare can be found here.

Additional Payments

If applicable, you may also earn additional payment(s), including, but not limited to:

  1. Tips provided by a rider to you
  2. Cancellation fees
  3. Any fees or surcharges that we collect on your behalf, such as tolls, damage fees, and wait time fees
  4. Any bonuses or incentives you earn based on your provision of rideshare services

Lyft collects from riders applicable New York sales tax, applicable Black Car Fund surcharges, airport fees, and any state or local fees, surcharges, or taxes that Lyft is required by law or agreement to collect and remit to third parties. These items are not deducted from your earnings.

Minimum Earnings Guarantee

  1. New York City Drivers: For each trip originating within NYC, you will be paid at least the minimum per-trip amount required by the NYC Taxi and Limousine Commission’s Minimum Driver Pay Rules. You may view the pay rates here.
  2. Non-New York City Drivers: For trips originating within NY State that are not covered by the NYC Taxi and Limousine Commission’s Minimum Driver Pay Rules, Lyft will ensure that your earnings (not including earnings for tips and tolls) will amount to at least $26.00 per hour for engaged time during each 14 day earnings period. The $26 rate will increase to $26.39 as of March 1, 2024, to $26.78 as of June 1, 2024, and will be adjusted for inflation annually beginning in March 2025. Engaged time is defined to include (i) the time between accepting a rider’s requested trip and reaching the rider’s requested pick-up destination and waiting for the rider at the requested pick-up destination and (ii) the time spent transporting the rider to the requested drop-off destination. If your earnings are less than the minimum per-hour rate during the 14 day earnings period, you will be paid the difference between what you earned and what amounts to the minimum per-hour rate for the cumulative engaged time.

Lyft Fees

Riders pay an amount to you that includes Lyft’s fees, consisting of a Service Fee and a Platform Fee (collectively, “Lyft’s Fees”), as described below. Lyft will collect payments owed to you by riders as your limited collection agent, and will remit the rider payment to you net of Lyft’s Fees.

  1. Service Fee: set amount for each ride as set forth in your Rate Card at the time of the ride.
  2. Platform Fee: a variable amount equaling the rider payment minus: (i) the Driver Fare, (ii) any tolls or surcharges we collect for remittance to you, (iii) the Service Fee, (iv) any Third Party Fees that Lyft collects, and (v) bonuses or incentives you earn based on your provision of Rideshare Services.

Earnings Access:

You will be automatically paid on a weekly basis via the payment method elected by you. You may also elect to be paid out more frequently. There will be no fees or charges associated with your payout. A weekly earnings statement will be available to you.

You may change your payment preferences in the driver payment section of the app.