Uber Technologies stated it would commence rolling out its pension strategy to all eligible drivers in the United Kingdom, months right after the ride-hailing service granted workers’ rights to its drivers in the nation.
In March, Uber had reclassified its more than 70,000 drivers in Britain as workers following a Supreme Court ruling. Uber had also stated it would supply assured entitlements, such as vacation spend, a pension strategy and restricted minimum wage.
On Friday, the Silicon Valley organization stated it would contribute 3% of a driver’s earnings into a pension strategy, although drivers can pick out to contribute a minimum of 5% of their qualifying earnings.
Britain’s GMB union represents Uber’s drivers in the nation, and has the appropriate to negotiate on behalf of the workforce.
Uber and GMB also urged other ride-hailing firms like Ola, Bolt and Addison Lee to supply related advantages to their drivers.
“I am extending an invitation to work with operators such as Bolt, Addison Lee and Ola to create a cross-industry pension scheme. This will enable all drivers to save for their futures whilst working across multiple platforms,” stated Jamie Heywood, an executive for Uber’s northern and eastern European area.
Uber’s drivers will be auto-enrolled in a pension scheme supplied by NOW: Pensions and managed by workplace options provider Adecco, the organization added.