What Is the Importance of Uber/Lyft Drivers' Employment Classification?

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Rideshare firms like Uber and Lyft have been embroiled in legal battles in various forums almost from their start over the question of whether their drivers are independent contractors or employees. The importance of this classification cannot be overstated. Unlike independent contractors, employees are entitled to various benefits and protections, including, but not limited to, meal breaks, overtime pay, minimum wage standards, anti-discrimination safeguards, and unemployment and workers' compensation benefits.