How much is at stake in the choice of ride-hailing services Uber and Lyft to keep their drivers as independent contractors instead of making them employees? To understand why the car-summoning app is glad to pay drivers as much as $100 million in a class action settlement, look at the numbers: the company calculates that it would owe drivers $429 million, while drivers’ attorneys estimate that drivers would receive $730 million in expenses, and $122 million in tips. [More]
