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Uber to Roll Out Pension Plans for UK Drivers

Uber mentioned it will begin rolling out its pension plan to all eligible drivers in the UK, months after the ride-hailing service granted employees’ rights to its drivers within the nation.

In March, Uber had reclassified its greater than 70,000 drivers in Britain as employees following a Supreme Court docket ruling. Uber had additionally mentioned it will provide assured entitlements, together with vacation pay, a pension plan and restricted minimal wage.

On Friday, the Silicon Valley firm mentioned it will contribute three % of a driver’s earnings right into a pension plan, whereas drivers can select to contribute a minimal of 5 % of their qualifying earnings.

Britain’s GMB union represents Uber’s drivers within the nation, and has the precise to barter on behalf of the workforce.

Uber and GMB additionally urged different ride-hailing firms like Ola, Bolt, and Addison Lee to supply related advantages to their drivers.

“I’m extending an invite to work with operators resembling Bolt, Addison Lee, and Ola to create a cross-industry pension scheme. This can allow all drivers to save lots of for his or her futures while working throughout a number of platforms,” mentioned Jamie Heywood, an government for Uber’s northern and jap European area.

Uber’s drivers will probably be auto-enrolled in a pension scheme supplied by NOW: Pensions and managed by office options supplier Adecco, the corporate added.

© Thomson Reuters 2021

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