Basil of Baker Street
Well-Known Member
Didn't cast members just get a nice pay increase? Did anyone think Burbank was just going to eat it?
They sorta did…Didn't cast members just get a nice pay increase? Did anyone think Burbank was just going to eat it?
Except the new minimum only affects a portion of the work force who were below minimum.People don't realize when they demand a pay raise the corporation (like Disney)does not take it from their profits ---they increase prices to the consumer. when the government mandates minimum wage hikes the same thing happens companies raise prices to pay for the wage increase. You may get a wage increase but you never come out ahead cause everything else costs more. Just a vicious circle.
What really stinks is that customer can’t avoid it either way. For example, a company that doesn't increase pay (or keeps it to a minimum) sees a raise in profits and/or profit margins. The street celebrates and then that becomes the new standard to be measured against. Now a company needs to beat those new numbers or get punished which in turn means price hikes.People don't realize when they demand a pay raise the corporation (like Disney)does not take it from their profits ---they increase prices to the consumer. when the government mandates minimum wage hikes the same thing happens companies raise prices to pay for the wage increase. You may get a wage increase but you never come out ahead cause everything else costs more. Just a vicious circle.
TruthWhat really stinks is that customer can’t avoid it either way. For example, a company that doesn't increase pay (or keeps it to a minimum) sees a raise in profits and/or profit margins. The street celebrates and then that becomes the new standard to be measured against. Now a company needs to beat those new numbers or get punished which in turn means price hikes.
No matter which way you come at it, the customer gets the short end of the stick.
Wish we could get back to the days when growth stocks weren't all the rage and a mature steady earner with a dividend was considered a good thing. Now we just have a ridiculous and unsustainable demand for double digit growth.
We did the same thing. For us it’s just way out of hand. Sold both our DVC contracts in February which we had for 21 years. Our passes are good through November but we have no trip planned for before that or probably ever again. I hate saying that after probably in the range of 50-60 trips from the 70’s until last November but enough is enough for us. So now when I see the prices went up for this.. they took away that.. for me I know it was time. I’m going to miss it for sure but I won’t miss the last 5 years plus when it just doesn’t seem like what I was used to.I am letting my pass lapse and it’s going to be an indefinite lapse.
So true. I started a new job three weeks ago which has me on the road a lot. The minimum wage is 13.85 in my state. Fast food places here are paying 15-20 an hour. I stopped at Jimmy Johns the other day for a sandwich, chips, and a soda and it was 14.35 and they asked for a tip on top of that. Now I pack a cooler with lunch to eat between clients. I make pretty decent money, but yeah if I did that every day on top of all my other bills going up.... yikes. If I took my whole family there it would be 60+ bucks and it's nothing special. It's just a waste even if you can afford it. Fast food in my mind has always been something you grabbed when you were out and about. It was cheap and convenient. Not so anymore. Now it's a luxury.People don't realize when they demand a pay raise the corporation (like Disney)does not take it from their profits ---they increase prices to the consumer. when the government mandates minimum wage hikes the same thing happens companies raise prices to pay for the wage increase. You may get a wage increase but you never come out ahead cause everything else costs more. Just a vicious circle.
They need to make up profits for their next movie failure The Marvels.Wow…that’s surprising. I did not see that coming based on the state of things.
A lot of people point to 2018/2019 as a pretty good demarcation point where the value just wasn’t there for them in the parks. I just realized that dovetails for when D+ production and outlays started ramping up in earnest.We did the same thing. For us it’s just way out of hand. Sold both our DVC contracts in February which we had for 21 years. Our passes are good through November but we have no trip planned for before that or probably ever again. I hate saying that after probably in the range of 50-60 trips from the 70’s until last November but enough is enough for us. So now when I see the prices went up for this.. they took away that.. for me I know it was time. I’m going to miss it for sure but I won’t miss the last 5 years plus when it just doesn’t seem like what I was used to.
For me it's 2022 and the addition of Genie Plus. My trips prior to that even during covid were fine.A lot of people point to 2018/2019 as a pretty good demarcation point where the value just wasn’t there for them in the parks. I just realized that dovetails for when D+ production and outlays started ramping up in earnest.
Hmmmm….
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