Uber to Roll Out Pension Plans for UK Drivers


Uber stated it might 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 stated it might supply assured entitlements, together with vacation pay, a pension plan and restricted minimal wage.

On Friday, the Silicon Valley firm stated it might contribute 3 p.c of a driver’s earnings right into a pension plan, whereas drivers can select to contribute a minimal of 5 p.c of their qualifying earnings.

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

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

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

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

© Thomson Reuters 2021

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