Sunday, October 3, 2010

Summary of economics

On October 1, 2010, the Walt Disney Company made it’s “best” offer to the workers on economics. Below is a summary:

Term of Agreement
42 Month Contract – October 3, 2010 through March 29, 2014

Wages
Workers hired before 12/12/1998 – “Topped-out”
10/2/2010 - $550 Bonus
4/3/2011 - 2% wage increase
4/1/2012 - 2.25% wage increase
3/31/2013 - 2.5% wage increase

Workers hired after 12/12/1998 – “In-range”
10/2/2010 - $550 Bonus
4/3/2011 - 3% wage increase
4/1/2012 - 3% wage increase
3/31/2013 - 3% wage increase

Health Insurance
Negotiated caps on the HMO medical plan cost. Increases range from $3 to $12 per week per year depending of the level of coverage and year of the agreement.

Retirement
No change in current benefits

Holidays and Vacation benefits
No change in current benefits

Random Alcohol and drug testing
Ability to test driving roles, but only with agreement from the Union

Ratification bonus
$100 if ratified by members on first contract vote

While tremendous progress was made for the Disney Cast Members throughout negotiations on work rules and job-specific issues, this offer falls short of addressing the needs of the employees as it relates to economics. A contract vote will be scheduled in the near future. REJECT this offer and send the Company back to the bargaining table.

UNITE HERE! Local 362 is recommending a “NO” vote