Could Walt Disney World be raising the hourly rate of its union cast members to at least $15 per hour by 2021?
After over a year of talks, it would appear that Disney is willing to consider the pay hike. However, it should be noted that this is not finalized yet as there are some terms the company would like to negotiate, like overtime pay.
From WFTV Channel 9…
“The company has given us a proposal. They’ve given an offer today,” said Angie McKinnon of Unite Here Local 737. “Our bargaining committee is reviewing it. At this time, we have no further comment.”
Disney confirmed that it offered to pay the employees at least $15 per hour by 2021 and said it wants to re-negotiate certain terms in the contract as part of that offer.
In December, the union refused an offer from Disney of an annual 3 percent raise with a minimum of 50 cents per hour.
Disney’s Quarterly Earnings
The Walt Disney Company had an amazing second quarter, with Parks and Resorts jumping 13 percent. High park attendance plus higher costs per Guest has led to its operating income rises 27 percent to $954 million… the highest quarterly gross in 5 years.
Given that the company wouldn’t want to lose this momentum, now would be an opportune time for Cast Members to ask for a raise.
Jobs, Jobs, Jobs
Walt Disney World is experiencing a period of unprecedented expansion, and the company is currently looking to hire 3,000 more people. For details on how you can work for Disney, click here.
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