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Disney World workers reach tentative wage deal, union says

Published 08/31/2018, 07:53 PM
© Reuters.  Disney World workers reach tentative wage deal, union says
DIS
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  • Walt Disney World (NYSE:DIS) workers have reached a tentative agreement on wages to be voted on next week, and a contract would be in effect until October 2022 if approved, the International Brotherhood of Teamsters says.
  • If ratified, Disney World workers would receive a minimum of $4.75/hr. in wage increases over the lifetime of the contract, with everyone at the resort getting a minimum increase of $2.50/hr. by March 2019.
  • By 2021, all park employees would be at a minimum starting rate of $15/hr., the union says.
  • Now read: Disney Before Q3 Earnings: 2 Overhangs


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