"We would like to go further, but are currently constrained by the law".ĭeliveroo and a number of other food-delivery apps, including Uber Eats, have come under fire for providing insecure work and limited worker rights in what has been dubbed as the growing number of 'gig economy' jobs.Ĭompanies say that gig economy jobs offer flexibility for workers, while unions argue that those in jobs such as food deliver services work long hours with no holiday or sick pay.Ī union representing Deliveroo's British workers said that companies must do more to tackle the economic and social insecurities caused by gig economy jobs. LONDON - Food delivery service Deliveroo is seeking to raise 1 billion (1.4 billion) by selling new shares in its upcoming initial public offering on the London Stock Exchange. "We know riders value the flexibility of being able to fit their work around their life, but they also deserve security if they're involved in an accident," Deliveroo founder and CEO Will Shu said in a statement announcing the insurance scheme. The biggest individual winner will be Deliveroo CEO Will Shu. In our previous article, we dealt with the UK's Supreme Court judgment 2 which ruled that Uber drivers are workers, thereby entitling them to minimum wages, holiday pay and access to a pension scheme. The start-up said that it would like to introduce further benefits to food delivery workers but risks counting them as contracted staff rather than self-employed workers, which the company currently does. Deliveroo’s IPO will value the company between 7.6 billion and 8.8 billion, which is higher than previous reports had suggested. In a new judgment 1, the UK's Court of Appeal has ruled that Deliveroo riders in the UK are not workers. Deliveroo said Tuesday that it was spending an initial amount of $13 million to cover drivers for medical expenses of up to $10,000, at no cost to its workers.
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