Which leads to the question… if there aren’t better paying jobs available in the market what’s the motivation for Disney to pay more?
(Other than altruism)
I’ve looked at a few fields in Orlando and Disney is already competitive, they pay as much or more than restaurants, call centers, warehouses, hotels, etc that are competing for the same employees. At the $20 a hour they are offering ($42k) they pay nearly as much as starting pay for police ($51k), teachers ($50k), and other professions that require significantly more training and /or risk.
If the union gets their way, and Disney ends up paying something like $25 an hour (a living wage), who in their right mind would become a cop or a teacher when they could make the same selling churros? They won’t, which means those position now have to raise their wages to attract applicants, which means more inflation, which means increased costs on everything… and the newly acquired $25 isn’t a living wage anymore.
It’s an endless cycle, those working lower skill jobs will always struggle to pay the bills because they will always be the lowest paid jobs, as they make more so does everyone else (although usually a lower increase), the push for $15 seemed like a life changing increase just a couple years ago, ends up it has had little to no effect because prices increased everywhere along with it.
What’s truly scary in this scenario is fixed incomes, if you are retired this inflation is going to devalue your savings, guess that’s a positive for Disney because it means more formerly retired people will look to Disney for a job because they will need one.