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Monday, November 18, 2024
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    Uber announces pension plan for UK drivers

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    GNB Desk
    GNB Desk
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    Uber Technologies on Friday launched a pension scheme for all eligible drivers in the United Kingdom after a court ruled they were entitled to workers’ rights.

    “Uber has announced that it will start rolling out its pension plan to all eligible drivers in the UK,” Uber Technologies said in a statement.

    The announcement comes after Uber granted its UK driver’s worker status in March, with associated rights also including a minimum wage and holiday pay.

    That move followed a Supreme Court ruling that Uber’s 70,000 drivers across Britain were entitled to the rights.

    Jamie Heywood, regional general manager for northern and eastern Europe at Uber, said: “We want to ensure that all eligible drivers can benefit no matter who they earn with, so today I am extending an invitation to work with operators such as Bolt, Addison Lee and Ola to create a cross-industry pension scheme.”

    He added: “The new worker rights provided to drivers who use the Uber app are and save for their futures.”

    Under the pension scheme, Uber will contribute 3.0 percent of a driver’s earnings as long as drivers pay a minimum of five percent.

    Uber has also invited rival app-based private hire and ride-hailing operators to help it establish a cross-industry scheme.

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