And it’s not even immediate, closer to $4 now, another $2 in 2026.
Wonder how much $24/hr in 2024 is versus their inflation-adjusted wage in, say, 2018. I bet they’d seen such a large reduction in real wages that this isn’t much more than getting them back to where they used to be—if it’s even that.
I felt the same "oof." It's always great to see workers claw back even a small amount of value from ownership, but all that fighting just to get $6 over three years (and 50 cents more for people with 10 years of service)? Oof is right. It makes me reflect on and acknowledge my privilege of working in tech.
This is great, the Disneyland staff seem to care a lot more about their customers than corporate from my experience. Considering how much prices have risen recently, and how packed with people their parks are, they deserve their cut.
The parks are the main bright spot for $DIS, and it's up despite this agreement, so this doesn't seem like the end of the world for the company. They have much bigger issues to worry about.