Cast Member Pay & Labor Laws

[Heppenheimer]

Make the stock market work harder than you do. That's how some who have regularly cash on hand ( wealthy or live below their means, I know some both ), invested regardless of market conditions long term to build their net worth. Some live below the radar , some like to live and show off what they have from their successes.

Two of the best bits of advice I ever received from my grandfather- time in the market is more important than timing the market, and discipline and patience are more important than market saviness.

 

[Goofyernmost]

Hard work isn't enough, obviously. It has to be hard work directed at something that others are willing to pay you for.

Not long ago I was talking with a young person who was expressing his upset because he took an entry level job just out of college and was angered because his boss didn't seem interested in listening to his ideas. (Keep in mind he had only been there for about three weeks) He felt that he was not moving up in the company quickly enough. He also felt that he was worth a lot more money and should have his opinions respected.

I had a simple answer for him. Until you show him that you are capable of making money for him, you basically are a financial burden. While you are in training you are costing him money. Once trained you start earning your minimum wage job and if, over time, you show ambition and good attitude you will at least be in the running for more money and recognition that you aren't just an expense. When you can work, on your own, with no, watch your every move, trainer necessary then and only then do you become more valuable. That value increased with time and skill to the point of maybe being worth more then you are getting paid. It's just the way it works and I suspect always will.

As time progresses, you gain skill, that skill lets you more able to negotiate with your current employer or with other possible employers for whatever wage you think you are worth at that point. Even still, other employers might differ with you because they have a number in mind that they will feel the job is worth. It doesn't have a standard figure and sometimes you have to keep looking for that magical place.

If anyone is interested in what I mean by attitude, if you adapt that attitude that you will work harder when they pay you more money, you will be waiting a long time for that to happen. It may not be right in your mind but in that case the guy writing the paychecks has all the power and you have no additional value to him, if you are even worth minimum wage to him or her.

 

[Goofyernmost]

Two of the best bits of advice I ever received from my grandfather- time in the market is more important than timing the market, and discipline and patience are more important than market saviness.

That is so true. When I retired I rolled my company retirement over to a 401 standard retirement account, I also cashed out a few CD's I had and just went with a low to moderate risk investment plan for both of them actually. That was about 10 years ago. In that time, except for a couple of withdrawals to cover a few expenses plus just recently started mandatory withdrawal from the 401, a total of about 15K at this point, the present value of those two items is double what it started out being 10 years ago.

 

[Cesar R M]

Using the laughing emoji to laugh AT another poster is not allowed, as it is considered disrespectful, rude, etc. You might have missed one of the warnings that have been posted.

Who can I sue for this? XD

 

[Cesar R M]

The US did provide wage subsidies and other programs. One option for so-called small businesses was called the Paycheck Protection Program. To bring it back to Disney, they got about $500 million from the CARES Act.

And which goes back to.. why when its convenient.. companies take money from the goverment to subsidize workers they should be paying in the first place?
Isnt this supposed to be a type of "socialism" And therefore bad?

 

[Cesar R M]

Jeff Bezos is loving this conversation. A bunch of non gajillionaires fighting over whether or not a daycare teacher should make enough money to provide for their family while he flies to space for the funsies.

He must have worked a gajillion times harder than every daycare teacher!

Which is historically wrong. The fact that they can have all the funzies...and not bat an eye.. means they have the means to pay a decent wage. And the whole "they worked harder" is one of the biggest BS things I've ever heard.
Working harder nowadays will not give you more money. Leaders will just think that they can exploit you more for the same price and they get the bonus.

Also....On the other hand.... you have BAD billionaries (Bezos, Jobs, etc.. with an story of bad working ethics) vs decent ones like Branson (who seems to have a way to make his employees happy?

 

[Cesar R M]

Paul is only making money if you support and buy their product. As a consumer you are free to spend your money where you wish.

This argument is getting more annoying by the fact that its also wrong.
For a very simple fact...
A very small group of companies (and the same billonaire investors). Own almost all meaning of production in the biggest countries.
Companies like PEPSICO and Procter and Gamble for example, own huge swats of the entire production to the final product.
There are even bigger ones of course that controls even the source of materials. So even if you have a factory that does everything from scratch.. you will have a VERY HARD TIME finding an independent producer of basic goods to start production and not have money get into some top gun's wallet.

I think the famous tv series of "A good place" did explain it very well how everything is intertwined so hard its impossible to not give money to a billonaire or in the shows's theme.. an indirect bad thing.

Food industry is a fine example.

These 10 companies control everything you buy

A small number of powerful companies create brands and products you might not know are theirs, from Unilever to Coca-Cola.

www.businessinsider.com

grocery is not a minimum wage job. It’s unionized (where allowed) and usually one of the best paying entry jobs before the recent shortage (another issue with unions…)

People can stay in the because they either move to better paying depts (like meat, bakery,etc) and because they generally are not solo income (spouse, etc).

long time grocery clerks were never paid great. Which is why the most senior always work the sunday and holiday shifts for the better pay.

i was the third generation working in grocery. Every male in the family worked grocery at least at some point. No one stayed a clerk, and most moved onto skilled and higher paying jobs. My grandfather sold his store and worked in a chain as a butcher after moving to the suburbs. His parents worked picking vegetable fields.

people worked harder and had less.

Hang on, are you implying that the labor shortage is somehow the blame of Unions? XD

 

[eliza61nyc]

Why doesn't everyone who can't make a liveable wage in the Northeast just move? Surely that's the simple solution.

And many of these jobs used to be jobs you can live on. But the owners and CEOs decided - and convinced everyone else - that they themselves deserve $$$$$$ and their employees poverty wages.

I disagree, now maybe it's me because I grew up in NYC. A place that has always been in its own universe but as long as I can remember, cashier's were always low pay. Waitress/servers NEVER EVER paid you enough to survive. Burger joints never paid enough to cover the rent, no matter how many hours you worked. The only janitorial staff that was well paid was those who worked for the school district because they were unionized. Lol what's so funny about that is most people complain about janitors there making 60k.
I grew up with friends who worked at coney island, I don't ever remember it being a good paying job.

Now here's the thing and this is opinion and opinion only. Do you honestly think that if chapeck or whatever his name is decided to work for a dollar wdw cm's would get 35.00 bucks an hour??
That's not a direct correlation. For whatever reason our society seems or puts emphasis on positions. You could get rid of Iger/ Bezos and every CEO and the cafeteria staff will never make living wages.
I love the beach in AC, you could fire every casino exec and no the lifeguard, granted a very important job, is still going to be on the bottom of the salary chain.

 

[Goofyernmost]

Then why do the same people want to make it even easier for immigration? If there isn't enough work here already?

For a couple of reasons. One of them is that this country was built by immigration and without it we wouldn't have a massive number of things that we do now. Another is that currently we have to ask ourselves just exactly what jobs are most of the immigrants taking away from us. Are we turning away highly educated, skilled people that are pushing citizens out because they will work cheaper. I don't think so! Are most of those coming here because they are dirt poor and are looking for a better life for their family's and will take all those highly treasured leaf blowing jobs away from the entitled?

We are probably one of the laziest nations in the world now. We claim to work more hours then anyone else and call it ambition. It is really because we under produce on an hourly basis. We have citizens that will take an entry level, low paying job and say things like "I'll work harder when they pay me more". Which is a great way to never progress at all and then someone might come in and take away their job, work harder and give an employer twice as much for the time they are working. Sometimes, as in a place like WDW, all that means it an attitude that keeps them marginally valuable and how hard is it to do a two finger point to a restroom or ask how many in your party.

We get so wrapped up in this very moment that we give no thought to the long range outcome that we are heading toward. We have University's that have priced the majority out of a needed tool for easy living. A good education which, in my opinion, they aren't getting even at $30K a semester. We don't support education that is exactly what will give us a future, but instead we spend billions trying to keep people out by building a laughable wall, that hasn't been effective since the dark ages, that one can walk around the edge of, take a boat in around it, fly over it, tunnel under it or climb over it. Billions that could go toward creating a system where it is easy to get registered and accepted in. Worse than that we use fear by spreading crap about them. The biggest being that unregistered get welfare and government handouts like Social Security. One second of thought would tell you that it is impossible to get that without being connected, without applying for and issued a SS number. If they get that these people are now registered and will be paying into the system. But why make it so damn difficult. We are a huge country and we stupidly shoot ourselves in the foot trying to prevent a problem that doesn't exist. It would be easier to take all that money spent and just have the worlds largest bonfire, that's how effective it is.