When will the contract extension expire for Disney Employees?

Eventually a castmember might have to decide between paying Union Dues or not supporting the Union. Would this be considered a benefit for a castperson or Disney if Unions did not exist on property?
 
Or no longer recognize the union for collective bargaining.
Either way, it would destroy their labor base which was already decimated. Disney is basically playing chicken with the entire future of the company. Even a single day strike would crush their stock price and wall street confidence.
 
You can think that all you want, but investors won't agree. Guess who Disney leadership is going listen to?

This is the problem right here. Employers should always put their employees above investors. This is the entire point I've been trying to make. The balance is off and it's why I say "the market" is corrupt. There is too much emphasis placed on quarterly growth and ever expanding profits. Steady growth, long term growth is what a company SHOULD aim for, and that requires a sizeable investment into employees. Investors should understand this.
 
With no company there is no need for employees.
This is why there needs to be a balance. Universal Studios just raised their starting pay to I want to think $17.00 dollars an hour.
Of course they will have to staff a new park in the not to distant future.
This puts Disney and the union in an interesting position.
If Disney does not want to budge then Disney cast members have the opportunity to go work for Universal.
 
Finding that middle ground of keeping "unskilled" employees and investors happy is possible, there are "ethical" capitalistic companies that do it really well... Costco is probably one of the best examples.
 
Finding that middle ground of keeping "unskilled" employees and investors happy is possible, there are "ethical" capitalistic companies that do it really well... Costco is probably one of the best examples.

Exactly. It is possible, as is executives forgoing bonuses every once in awhile.
 
As several people on this thread have mentioned, CMs can go to Universal or somewhere else. However, there are hidden and not so apparent costs to that. Turnover results in costs such as recruiting marketing, interviewing, hiring, paperwork and system setup such as timesheets, uniforms, badges, training and initial job oversight. While Disney may have this down pat, a 30% turnover rate is still more expensive than a 10% turnover rate (not sure of current rates, this is an example).
Not so apparent is a CM with several years of experience being able to help a visitor quickly without having to check with another CM (and that CM being delayed doing their job). How many times have you been frustrated trying to get an answer at a store until you finally get to 'that' person that solves it in 2 minutes? I realize that some people would say that doesn't apply to handing out ice cream bars, but that firstly, that is not the only CM job at Disney, and secondly, the ice cream CM is likely asked other park questions. Much harder to measure the dollars, but it can affect sales or cause a negative experience that might be echoed back to others after the trip.
 
When you invest in your employees and they feel like you care, they tend to perform better and stay longer.

Yeah, I don't believe that. They will work just like they have been working. And Disney probably doesn't want everyone to stay longer. The longer you stay and higher you get paid for unskilled labor, the more likely they will want to replace you with someone new that can do the same for lower starting pay.

And really, how much better do you need or expect the ice cream bar guy to perform?
 
Yeah, I don't believe that. They will work just like they have been working. And Disney probably doesn't want everyone to stay longer. The longer you stay and higher you get paid for unskilled labor, the more likely they will want to replace you with someone new that can do the same for lower starting pay.

And really, how much better do you need or expect the ice cream bar guy to perform?

So if I paid you $50 an hour to sell ice cream you wouldn't work harder to make sure you keep that job?

Sounds like you are hoping Disney becomes Six Flags with those stances
 
Yeah, I don't believe that. They will work just like they have been working. And Disney probably doesn't want everyone to stay longer. The longer you stay and higher you get paid for unskilled labor, the more likely they will want to replace you with someone new that can do the same for lower starting pay.

And really, how much better do you need or expect the ice cream bar guy to perform?

You don't have to believe it, but it has been studied and proven. People don't like feeling like they aren't valued. Employees who feel fairly compensated take pride in the work they do and feel loyalty to their company.
 
This is why there is a movement for minimal flat income tax rates or elimination of income tax altogether and implementing consumption taxes. This post is not advocacy, I'm just explaining the policy for some folks who want to abolish the current federal income tax code and substantially overhaul it with a different type of taxation. By doing so would allow families that park money into trusts or off-shore accounts to avoid income taxation can be taxed when they purchase goods and services.

Frankly, I would be shocked if the federal government ever substantially overhauled the tax code and replaced it. It appears that elected officials have to make the same arguments against the other party about taxation loopholes and avoidance that those same elected officials voted for year after year, decade after decade. At least, they get their campaign contributions though, right.

Similarly speaking, fundamentally changing the federal tax code would be like the federal government fundamentally changing the social security system. Anyone suggesting to make substantive structural changes to a completely broken and antiquated system of welfare will be viewed like Lady Tremaine.
I think a flat tax might be interesting. Consumption too.
 
You don't have to believe it, but it has been studied and proven. People don't like feeling like they aren't valued. Employees who feel fairly compensated take pride in the work they do and feel loyalty to their company.

I don't believe it because that's not what I've seen in 35 years in the job market. For me, "studies" don't trump real world experience. The fact that they are asking for retroactive pay tells me they aren't looking for more money to provide more. They think they are already owed it. They will do the same thing they do today, just with higher pay. But they will be "happier", which like I said, fixes nothing that most people complain about. Won't lower prices. Will raise them. Won't lead to better service. Will cause loss of services to save money. Not sure how many times people need to see it to understand.

Jobs aren't there to provide you "happiness". If they were, they would charge you instead of paying you to go there. If you want a happy experience at Disney World, buy a ticket. And even then, there are no guarantees.
 
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So if I paid you $50 an hour to sell ice cream you wouldn't work harder to make sure you keep that job?

Sounds like you are hoping Disney becomes Six Flags with those stances

I wouldn't get to keep that job anyway, not matter how hard I worked. Management, unless they were completely brain dead, wouldn't see the value of a $50 ice cream guy when they could fire me and replacement me with either a machine or someone making Disney minimum.
 
This is why there is a movement for minimal flat income tax rates or elimination of income tax altogether and implementing consumption taxes. This post is not advocacy, I'm just explaining the policy for some folks who want to abolish the current federal income tax code and substantially overhaul it with a different type of taxation. By doing so would allow families that park money into trusts or off-shore accounts to avoid income taxation can be taxed when they purchase goods and services.

Frankly, I would be shocked if the federal government ever substantially overhauled the tax code and replaced it. It appears that elected officials have to make the same arguments against the other party about taxation loopholes and avoidance that those same elected officials voted for year after year, decade after decade. At least, they get their campaign contributions though, right.

Similarly speaking, fundamentally changing the federal tax code would be like the federal government fundamentally changing the social security system. Anyone suggesting to make substantive structural changes to a completely broken and antiquated system of welfare will be viewed like Lady Tremaine.

A flat tax will never happen because they are lying to you about what the top 1% pays. Actual IRS data, not politicians with fictional math that doesn't match the actual tax code, shows that the top 1% paid a federal tax rate of 25.6%. Not the 8% based off wealth and unrealized gains that aren't taxed for anybody and have never been part of the tax code. That's well above what most American pay, and certainly above the 57% of the people that paid NO federal income tax in 2021. That 57% certainly is going to want to start paying their "fair share", or pay anything.
 

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