Fight Over Gig Workers Persists Despite Win for Uber and Lyft

first_imgBut under Mr. Biden, who has longstanding ties to labor unions and who opposed Prop. 22, the labor board and the Labor Department are likely to back away from these positions. The president-elect has also come out in favor of the Pro Act, a proposal that would make it harder for companies to misclassify workers as contractors and effectively make gig workers employees under federal labor law.The situation in Washington is not entirely clear cut, however. Some advisers to Mr. Biden and Vice President-elect Kamala Harris also have ties to the gig companies or have written favorably about a compromise. Ms. Harris’s brother-in-law is Uber’s chief legal officer. Some labor activists worry that the Biden administration could be amenable to a deal with gig companies.“We are trying to lead the way in California but it is necessary to deal with misclassification on a national level,” said Ms. Gonzalez, the assemblywoman. “I am hopeful that Joe Biden will do what his platform said and address these issues.”- Advertisement – The ultimate outcome in this fight could hinge on a sometimes-bitter debate on the left: Is it essential for gig workers to enjoy the status of employees, and the benefits and protections that guarantees? Or can gig workers win a living wage and favorable working conditions if they aren’t employees but have collective bargaining rights that allow them to demand these things from the gig companies?Brendan Sexton, the executive director of the Independent Drivers Guild, an organization affiliated with the International Association of Machinists that has received funding from Uber and Lyft, has argued in testimony before the New York Legislature that “collective bargaining rights is the only way to stop the exploitation.” “Tens of thousands of drivers in New York State, who as independent contractors were getting hundreds of dollars less, as employees are entitled to up to $504 a week,” said Bhairavi Desai, the executive director of the New York Taxi Workers Alliance, which helped bring the lawsuit. “The state would have to roll back a right that people have already enjoyed.”The victory of President-elect Joseph R. Biden Jr. also appears to have given labor additional leverage. The National Labor Relations Board under President Trump has deemed gig workers to be contractors, which denied them a federally protected right to organize. The Labor Department has taken a similar approach, suggesting in an opinion letter that some gig workers were not protected under federal minimum wage and overtime laws. In September, the department proposed a regulation that would codify and expand that finding.- Advertisement –center_img – Advertisement –last_img read more

​Wednesday people roundup

first_imgPPF, Barclays, RPMI Railpen, Aviva Investors, Willis Towers Watson, BlackRock, Prudential, AustralianSuper, PASA, Pensions Dashboard, HQ Capital, Muzinich & Co, Baring Asset Management, Macquarie Investment Management, Columbia Threadneedle, Spence Johnson, Deloitte, PhaseCapital, AllianceBernstein, River and Mercantile Asset ManagementPension Protection Fund (PPF) – The UK lifeboat scheme has created a new role in connection with its move to increase internal investment management, appointing former Barclays banker Ian Scott as head of investment strategy. Scott has worked for more than 20 years on the sell side, most recently at Barclays, as head of the global equity strategy team. Before that, he was at Lehman Brothers and Nomura.RPMI Railpen – Anna Rule has been appointed to the new role of head of property as the scheme looks to increase its in-house investment capabilities. Rule, a senior director and fund manager at Aviva Investors, will take up the position in the new year. Railpen, which manages the £24bn (€27.9bn) Railways Pension Scheme in the UK, has been shifting towards more in-house investments.Willis Towers Watson – Ashwin Belur and Dhiran Dookhi have been appointed to the Insurance Investment Solutions Group. Belur joins from BlackRock and before then held a variety of senior investment and insurance-related positions at Goldman Sachs, ABN AMRO and Brit Insurance. Dookhi is a Fellow of the Institute and Faculty of Actuaries and joins from Prudential, where he was a risk actuary working on enterprise risk management. AustralianSuper – Australia’s largest super fund has formally established a presence in London, opening an office in King’s Cross. Trish Curry leads the team. AustralianSuper’s head of external relations, Stephen McMahon, told IPE Real Estate the fund was basing staff in London because of AustralianSuper’s increasing involvement in direct investments, “particularly global property and infrastructure deals”.Pensions Administration Standards Association (PASA) – The independent body dedicated to driving up standards in pensions administration has announced that its chairman, Margaret Snowdon OBE, has been appointed by HM Treasury to the senior level Steering Group for the Pensions Dashboard prototype project. Snowdon will be one of two independent members of the Steering Group, representing the pensions industry.HQ Capital – Georg Wunderlin has been appointed chief executive at the alternatives asset manager, while Ernest Boles has taken on the role of vice-chairman of executive management. Marcel Giacometti is to become a senior adviser. Wunderlin, who has been working at HQ Capital and its predecessor companies since 2012, succeeds Boles, who will continue to advise HQ Capital on its operations.Muzinich & Co – Tracy Zhao, who previously worked for Aozora Asia Pacific Finance, has joined as a credit analyst on Muzinich’s Asia investment team. She is based in London. Global high-yield specialist Kashif Riaz has joined from Baring Asset Management, where he covered a range of sectors. Prior to Barings, he was lead credit analyst for the European TMT and utilities sectors at BlackRock. He is also based in London.Macquarie Investment Management – Markus Rottler has been appointed as head of distribution for the German professional buyer market. Prior to joining Macquarie, Rottler spent five years at Columbia Threadneedle, focusing on the professional buyer and institutional client segments. Before then, he spent seven years at Pioneer Investments.Spence Johnson – The data analytics and market intelligence consultancy focused on institutional asset management has hired Thomas Marsh to help grow and serve its US business. He joins from Deloitte and has 23 years of experience in asset management, primarily as a director at Cerulli Associates.PhaseCapital – Michael DePalma has been appointed chief executive at the Boston-based asset manager, joining from AllianceBernstein, where he most recently served as senior vice-president and CIO of quantitative investment strategies and director of fixed income absolute return strategies.River and Mercantile Asset Management – Gary Dowsett has been appointed as a global analyst. He has previoujsly worked at Phillips & Drew (UBS Global Asset Management), Willis Towers Watson, Schroders and Taube Hodson Stonex Partners.last_img read more

‘YORKED!’ – West Indies lose ODI series to India

first_imgCMC – TAIL-ender Shardul Thakur lashed a late-innings cameo in a tense finish as West Indies lost the plot when it mattered most, to crash to a four-wicket defeat to India in the decisive third One-Day International here on Sunday and suffered their 10th straight series defeat to the subcontinental powerhouse.When captain Virat Kohli dragged on to seamer Keemo Paul (3-59) at the start of the 47th over for a top score of 85 off 81 balls, the match was hanging in the balance with India still requiring 30 runs from 23 balls to get up to a target of 316.But Shardul, in only his second ODI in 15 months, then held his nerve amidst increasing tension to belt two fours and a six in a heroic six-ball unbeaten 17 as India overhauled their target with eight balls to spare, and achieve the highest-ever successful run chase at Barabati Stadium.He punched the first ball he faced from Paul to the cover boundary and in a pivotal 48th over from left-arm speedster Sheldon Cottrell which leaked 15 runs, top-edged a pull for six over long leg before whipping the next delivery to the mid-wicket boundary.With just seven runs required from the last 12 balls, Thakur turned the second ball of the penultimate over from Paul to the fine leg boundary, sprinted a couple off the next delivery before a no-ball brought an anticlimactic end to the contest.Almost unnoticed, Ravindra Jadeja finished unbeaten on 39 from 31 deliveries but it was openers KL Rahul (77) and Rohit Sharma (63) who laid the foundation with gallant half-centuries in their second consecutive century stand.Bidding for their first series win on the subcontinent in almost two decades, West Indies laid down the gauntlet when they gathered 315 for five off their 50 overs, after being sent in.Left-hander Nicholas Pooran punched an exhilarating 89 from 64 balls to notch his second straight half-century while captain Kieron Pollard, with just 35 runs from his previous three innings, belted a 51-ball unbeaten 74 – his first ODI half-century in just over three-and-half years.Opener Shai Hope extended his excellent form with 42 off 50 balls and was joined by Roston Chase (38) and Shimron Hetmyer (37) who both got starts but failed to build.Hope and Evin Lewis (21) put on 57 for the first wicket but neither innings was particularly brisk, and when left-hander Lewis holed out in the deep off Jadeja’s left-arm spin at the end of the 15th over, the Windies were chugging along at only 3.8 runs per over.The decision to send Chase at number three failed to help the Windies’ cause as 13 runs trickled from the next 26 deliveries before Hope, who counted five fours in an elegant knock, was bowled by seamer Mohammed Shami in the 20th over, trying to work one through the on-side.With the run rate having fallen further to 3-½ runs per over, the Caribbean side were in need of urgency and got it through the arrival of Hetmyer who crunched a brace of fours and sixes in a 33-ball knock, in adding 62 for the third wicket with Chase.But seamer Navdeep Saini (2-58) accounted for both in successive overs with 12 runs added, Hetmyer taken at fine leg off a pull and Chase yorked off-stump after 48 balls at the crease and hitting just three fours, as West Indies stumbled to 144 for four in the 32nd over.Forced to rebuild, Pooran and Pollard launched a stunning counter-attack as they put on an up tempo 135 for the fifth wicket off a mere 98 balls.While Pooran struck 10 fours and three sixes, Pollard traded almost entirely in sixes – seven times clearing the ropes while notching three fours – as West Indies blasted 118 runs off the last 10 overs.With West Indies gaining a solid foothold, Shardul broke the stand when Pooran holed out to deep point in the 48th over which went for 21 runs but Pollard then nearly single-handedly gathered 32 runs from the last two overs, as the visitors ended strongly.India then controlled their run chase perfectly from the outset, Rahul and Rohit posting 122 off 128 deliveries to put the pressure back on the Windies.Rahul struck eight fours and a six off 89 balls while Rohit’s knock came at a run-a-ball, also with eight fours and a six, before ending courtesy a catch at the wicket off seamer Jason Holder in the 22nd over.Rahul added a further 45 for the second wicket with Kohli but his dismissal, looping a simple leg-side catch to wicketkeeper Hope off pacer Alzarri Joseph in the 30th over, led to an India slide that saw four wickets tumble for 61 runs.On 228 for five in the 39th over and with the required run rate rising to nearly eight runs an over, India needed a partnership and got it through Kohli and Jadeja who put on 58 for the sixth wicket.Kohli struck nine fours as he posted his 55th ODI fifty and seemed poised to take his side over the line before Paul got him to play on to a wide ball.last_img read more