00:00It's Benzinga, and here's what's on the block.
00:02Amazon announced a wage increase for contracted delivery drivers to an average of $22 per
00:08hour, up from nearly $20.
00:10The move is part of a nearly $2.1 billion investment in its Delivery Service Partner
00:15program and aims to support DSPs in attracting and retaining employees.
00:20The pay raise comes amid growing pressure from unionization efforts, including strikes
00:24led by the Teamsters union.
00:26The National Labor Relations Board has recently ruled Amazon a joint employer in some cases,
00:31a decision Amazon disputes.
00:33For all things money, visit Benzinga.com.
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