Uber offers drivers new perks

Although Uber does not consider its drivers as employees – classifying them as independent contractors – they’re helping drivers to save for their retirement.

The company is partnering with Betterment, a customer investment service, and are making its services available to drivers.

Betterment is aimed at employers, and charges customers various annual fees with relevance to employee salaries, and invests them into low‑cost index funds, using algorithms.

According to Fortune, Uber will be paying for fees for the first year, and this is the first time that Betterment is directly integrating its consumer service into another company’s app.