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Post by cpnkirk on Mar 23, 2023 18:41:43 GMT -5
Disney has reached an agreement with the union, which will go to a vote of the members. New starting wage is $18 / hour, with back pay for eligible cast members. This should avoid a strike, which I think no one wants. But, of course this means dues will go up. I'm ok with that. Hopefully we'll see more cast members hired, and not more layoffs! This article starts off with this picture:  Which, of course, made me think of this picture:  |
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Post by brp on Mar 23, 2023 19:11:01 GMT -5
Good news on this!
Cheers.
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Post by helenabear on Mar 23, 2023 19:38:40 GMT -5
OMG the pic comparison is hilarious and perfect. But good news on reaching and agreement.
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Post by happyhaunt on Mar 24, 2023 9:54:20 GMT -5
Great news! I’m happy for the cast members and can’t see this not being ratified.
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Post by tomandrobin on Apr 7, 2023 8:21:54 GMT -5
Wow....I can't believe that this thread has only three posts.
This news is already over 2 weeks old. This is the biggest news to impact DVC owners in years.
Disney employee wages make-up 60%-75% of your maintenance fees. Which breaks out to around $5-$6 per point you pay each year.
Under this agreement, which is subject to approval by union members, every current theme park worker in the union will receive a raise between $5.50 and $8.60 by the end of the contract, with the first $3 in raises arriving this year.
For workers in job classifications that currently earn the minimum of $15, minimum hourly rates will increase to $16 effective 10/1/2022, with full back pay to all eligible union workers, then increase again to $17 upon ratification and $18 this December. Their total raise will be $5.50 in 5 years, with the first $3 coming by December 2023.
Workers in many classifications will receive additional increases, with raises retroactive to October 2022:
• Union Housekeepers: increase from $17 to $20 immediately, ending at $24 in Oct. 2026
• Union Dishwashers: increase from $15 to $18 immediately, ending at $22 in Oct. 2026
• Cook 2 (union prep cook): increase from $16.40 to $20 immediately, ending at $24 in Oct. 2026
• Cook 1 (union line cook): increase from $19 to $23.10 immediately, ending at $27.10 in Oct. 2026
• Union Chef Assistant: increase from $20 to $24.60 immediately, ending at $28.60 in Oct. 2026
• Union Bus Drivers: increase from $18 to $20.50 immediately, ending at $24.50 in Oct. 2026
This is almost a 37% increase of pay, that will directly transfer to our maintenance fees. This will add on average another $2 per point to our maintenance fees, plus more for the other added benefits. I am have nothing against fair wages, but its nuts the wages that some will be making in the parks and resorts.
I remember last time Disney gave these giant pay hikes. There was a whole lot of bellyaching and pain from DVC members, not realizing the impact these contracts have on their DVC membership. The pain is coming.....just wait til the next annual meeting and the new maintenance fees are released. Gonna be a lot of upset people.
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Post by Eeyorelover22 on Apr 7, 2023 9:02:47 GMT -5
Ignorance is bliss. I hadn’t thought about it.
100% now. We don’t need anymore points.
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Post by zafiro on Apr 7, 2023 11:38:25 GMT -5
I read a great article in the Harvard Business Review a few years ago: "When a Higher Minimum Wage Leads to Lower Compensation" which basically outlines why the wage increases aren't always great for the workers. So much can be done to manipulate part-time vs. full-time schedules and what benefits to each are entitled, along with some other employer directives that reduce payout. What this article didn't cover is how much technology and automation will be used to replace as many tasks and employees as possible. You can bet that we'll see even fewer man-hours of service-related tasks and more automation going forward with all things Disney. There are wage points that will push investment into sustainable automation and AI to replace the questionable skill level and varying availability of the human workforce.
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