Uber Technologies said it will begin rolling out its pension scheme to all eligible drivers in the United Kingdom, months after the ride-hailing service granted workers rights to its drivers in the country.
In March, Uber reclassified more than 70,000 of its drivers in the UK as workers following a Supreme Court ruling. Uber also said it would offer guaranteed entitlements, including vacation pay, a pension plan and a limited minimum wage.
On Friday, the Silicon Valley company said it will contribute 3% of a driver’s earnings to the pension plan, while drivers can choose to contribute a minimum of 5% of their qualifying income.
The UK GMB union represents Uber drivers in the country, and has the right to negotiate on behalf of the workforce.
Uber and GMB also urged other ride-hailing companies such as Ola, Bolt and Edison Lee to extend similar benefits to their drivers.
“I am invited to work with operators such as Bolt, Edison Lee and Ola to create a cross-industry pension plan. This will enable all drivers to save for their future while operating across multiple platforms,” said Jamie Heywood, an executive for Uber’s Northern and Eastern European region.
Uber’s drivers will now be auto-enrolled in a pension plan offered by: Pensions and managed by workplace solutions provider Edeco, the company said.
read all breaking news, breaking news And coronavirus news Here