In March, Uber had reclassified its more than 70,000 drivers
in Britain as workers following a Supreme Court ruling. Uber had also said it
would offer guaranteed entitlements, including holiday pay, a pension plan and
limited minimum wage.
On Friday, the Silicon Valley company said it would
contribute 3% of a driver's earnings into a pension plan, while drivers can
choose to contribute a minimum of 5% of their qualifying earnings.
Britain's GMB union represents Uber's drivers in the
country, and has the right to negotiate on behalf of the workforce.
Uber and GMB also urged other ride-hailing companies like
Ola, Bolt and Addison Lee to offer similar benefits 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," said Jamie Heywood, an executive for Uber's northern
and eastern European region.
Uber's drivers will be auto-enrolled in a pension scheme
provided by NOW: Pensions and managed by workplace solutions provider Adecco,
the company added.
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