https://www.piratesandprincesses.net/some-unionized-disney-cast-members-are-getting-raises/
Some of the unionized cast members in the Food and Beverage and Housekeeping sections will be getting raises beginning in October according to the Local Unite Here 737 Union Facebook Page.
The stock options are horrible and even worse timing. It's not like the executives got the money right away, it vests 50% per yearly anniversary and fully vests after 2 years - providing the exec stays with the company.
The execs also got a 20% temporary salary reduction, which isn't nearly enough.
Lets see...maybe if they hadn't given the corporate leadership $6.8 million in stock options during a pandemic, there would be room for pay rasises or keep more of our Ambassadors at SEA, BG, Sesame and the water parks employed.
I'm for unions and I support them. I was a unioned CM at WDW for a while.
If the company is giving employees raises because they are contractually forced to, but the day-to-day operations is negative profit how does that equal better for all?
At the end of the day a business needs to be in the black otherwise it'll fail. If SEAs were to be giving pay raises or bringing back ambassadors with decades of experience at a (relatively) high salary, I don't think the company could support that for long. The end result would result in a lot more jobs lost. I truly do wish SEAs would not furlough/lay off and I wish they cared more about ambassadors and pay situations.
Point is if we had a Union, maybe more jobs would be saved. Maybe if we had someone fighting SR and was a huge thorn in his side....like Disney some with seniority might get rewarded for years of service, even in a pandemic. I get that Disney still has thousands furloughed as well. Just ironic that during a global pandemic, a segment of their employee base will soon get a raise..not a pink slip. Unions did that for them.
Ok?
It's written in the contract, it's binding and the company can't "not" do it.