NYC Plan to Boost Pay for Uber, Lyft Drivers Seen Falling Short

• The policy would set a $17.22 wage floor for app-based drivers • Taxi drivers say it would perpetutate industry economic woes

A New York Cityproposalintended to protect drivers of app-based for-hire vehicle companies such asUber Technologies Inc.andLyft Inc.by guaranteeing minimum pay was criticized by some drivers who say it fails to do enough to deal with the competition that’s battering the industry.

The minimum pay rules, endorsed in a study prepared by New School University’s Center for New York City Affairs, would require companies to pay at least $17.22 an hour through fare ...