AGP Picks
View all

Inflation adjustment of Minnesota TNC minimum compensation effective Jan. 1, 2027

Minnesota’s minimum compensation rates for transportation network company (TNC) drivers will be adjusted for inflation on Jan. 1, 2027.

A TNC is a company in Minnesota that uses an app to connect passengers to drivers for prearranged rides. A TNC driver is someone who uses their own vehicle to provide a prearranged ride to a passenger through the app.

State law requires annual inflation adjustments to TNC minimum compensation rates beginning Jan. 1, 2027, and every Jan. 1 thereafter. The 2027 rates reflect a 3.99% increase.

As a result, TNC minimum compensation rates will increase on Jan. 1, 2027:

  • Minimum per‑mile compensation increases from $1.28 to $1.33

  • Minimum per‑minute compensation increases from $0.31 to $0.32

  • Minimum per-mile wheelchair securement device compensation increases from $0.91 to $0.95

  • Minimum per‑ride compensation increases from $5.00 to $5.20

The minimum per-mile wheelchair securement device compensation is added to the minimum per-mile compensation rate of $1.33, for a total of $2.28 per mile for a vehicle with a wheelchair securement device, regardless of whether the device is used or not.

TNCs are required to notify drivers of any changes to their compensation policies at least 48 hours before the changes take effect. Companies should review their driver notices to ensure they reflect the updated rates.

Learn more at dli.mn.gov/tnc.

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Share this page:

Advanced Search Options

Search for:

Search scope:

Type:

Search in:

Date range:

The last

Sort by:

Sign up for:

Minnesota Business Reporter

The daily local news briefing you can trust. Every day. Subscribe now.

By signing up, you agree to our Terms & Conditions.