Will Disney pass their new found wealth to the CM's ?

[POLY LOVER]

The problem is, is that people DO make disney a career. Is it a bad one? Yes, especially in central FL where the cost of living has skyrocketed. Times are way different now than they were 15-30 years ago, college is more expensive, wages suck, buying a house is more difficult etc. Back then you could buy a house working a crappy job and support a family, heck my parents did it but in todays world thats almost impossible. Its not about deserving more its about not living in 3rd world conditions. In my previous post I mentioned of families living in motels who work for disney, and there is plenty of them (Look up the movie "The Florida Project). No one working 40+ hours in america should be living in those conditions. We are the richest country on earth. When the rich billionaires ask for tax cuts we dont blink an eye but when the poor person asks for a few extra $$$ an hour we freak out and make a big deal out of it calling them selfish and lazy, hardly the case

I see these people every day and they are no way lazy. They work hard . I'm always amazed when I'm told if I give billionaires more they may trickle some of it down on me but don't directly ask for a raise that's unacceptable! Trickle down economics is a fantasy that was tried in the 80's and failed. People that sell this tired lie are just blowing smoke up the butts of the poor.

 

[rk03221]

More of the big bad company making the poor little millenials have to work for a living. The shame of it. How could they just give everyone 1000 bucks. Thats nothing. It shouldve been 5000.
For the life of me Ill never understand the minimum wage should be 20$ an hour and we "deserve" crowd. They have absolutely no business acumen nor any sense of self reliance and responsibility. Simple answer..If you dont think you are making enough money...Go improve your skills or education, make youself more valuable, or find another job somewhere else where they will pay you to do nothing. Its a much larger picture than just that involving markets, labor unions, tariffs, governmental regulations, etc, but, in a microcosm, thats how I feel about things.

Oh please get out of here with that millennials not working hard nonsense, we have it WAY harder than the baby boomers (not the previous generation though). We got left with a crappy economy and enormous amounts of college debt that will probably never be paid off. We are the most educated yet poorest generation. Most kids my age work two full time jobs while going to school, most older people I know would never be able to do that. Also having working the service industry, Disney included baby boomers are the most self entitled Whiniest people I have ever come across. Also who the heck is asking for $20? Not one person or organization I know is. That is absurd

 

[John park hopper]

Oh please get out of here with that millennials not working hard nonsense, we have it WAY harder than the baby boomers (not the previous generation though). We got left with a crappy economy and enormous amounts of college debt that will probably never be paid off. We are the most educated yet poorest generation. Most kids my age work two full time jobs while going to school, most older people I know would never be able to do that. Also having working the service industry, Disney included baby boomers are the most self entitled Whiniest people I have ever come across. Also who the heck is asking for $20? Not one person or organization I know is. That is absurd

Every generation has their slackers, their whiners, their I"m entitled simply because I exist. As far a college debt there are ways to get a college education and not come out with massive debt. Case in point I was drafted in 1968 had no intention of going to college saw what life was all about and when I got out I took advantage of the GI Bill (stilll available) went to a 2 year State junior college (low cost) and finished at State 4 year university. I lived as cheaply as possible (did not party) and worked in service type low very low pay jobs. Finished college with no debt. The key to a college education is get an education that is maketable and in demand. Yes, your generation may be most educated but in the wrong field for todays economy

 

[aw14]

The problem is, is that people DO make disney a career. Is it a bad one? Yes, especially in central FL where the cost of living has skyrocketed. Times are way different now than they were 15-30 years ago, college is more expensive, wages suck, buying a house is more difficult etc. Back then you could buy a house working a crappy job and support a family, heck my parents did it but in todays world thats almost impossible. Its not about deserving more its about not living in 3rd world conditions. In my previous post I mentioned of families living in motels who work for disney, and there is plenty of them (Look up the movie "The Florida Project). No one working 40+ hours in america should be living in those conditions. We are the richest country on earth. When the rich billionaires ask for tax cuts we dont blink an eye but when the poor person asks for a few extra $$$ an hour we freak out and make a big deal out of it calling them selfish and lazy, hardly the case

The people that do make it a career do so by choice. No one forces them to work for Disney. That is a mutual transaction.

Also, your last comment about the billionaires getting a tax cut and no one batting an eye shows you are watching too much MSNBC.

 

[jloucks]

Oh please get out of here with that millennials not working hard nonsense, we have it WAY harder than the baby boomers (not the previous generation though). We got left with a crappy economy and enormous amounts of college debt that will probably never be paid off. We are the most educated yet poorest generation. Most kids my age work two full time jobs while going to school, most older people I know would never be able to do that. Also having working the service industry, Disney included baby boomers are the most self entitled Whiniest people I have ever come across. Also who the heck is asking for $20? Not one person or organization I know is. That is absurd

I have 30-60 people that work for me. What I have seen with millennials is that they are the most 'entitled' of my whole team. However, and this is important, this is again a percentages thing. Quite a few are also extremely hard working and dedicated. I just promoted a 20-something and she is wonderful, and also a millennial. I also have another person, same age, that I have to coach, over and over, how sick time is an insurance policy and not an entitlement. She takes it, all of it, as it accrues. Usually on Fridays and Mondays.

My boomers are pretty chill. More level over all. Maybe a little more 'grumpy', but it's that kind of geriatric disgruntlement that everybody knows is not personal.

 

[wannabeBelle]

I have 30-60 people that work for me. What I have seen with millennial is that they are the most 'entitled' of my whole team. However, and this is important, this is again a percentages thing. Quite a few are also extremely hard working and dedicated. I just promoted a 20-something and she is wonderful, and also a millennial. I also have another person, same age, that I have to coach, over and over, how sick time is an insurance policy and not an entitlement. She takes it, all of it, as it accrues. Usually on Fridays and Mondays.

My boomers are pretty chill. More level over all. Maybe a little more 'grumpy', but it's that kind of geriatric disgruntlement that everybody knows is not personal.

Have you ever seen Simon Sinek's Millenial Talk online?? It is a fascinating look at that generation along with some points on how to help them succeed. Ill see if I can get a link. Marie

 

[wannabeBelle]

Link as promised: https://youtu.be/As8XkJNaHbs Marie

 

[Chef Mickey]

The problem is, is that people DO make disney a career. Is it a bad one? Yes, especially in central FL where the cost of living has skyrocketed. Times are way different now than they were 15-30 years ago, college is more expensive, wages suck, buying a house is more difficult etc. Back then you could buy a house working a crappy job and support a family, heck my parents did it but in todays world thats almost impossible. Its not about deserving more its about not living in 3rd world conditions. In my previous post I mentioned of families living in motels who work for disney, and there is plenty of them (Look up the movie "The Florida Project). No one working 40+ hours in america should be living in those conditions. We are the richest country on earth. When the rich billionaires ask for tax cuts we dont blink an eye but when the poor person asks for a few extra $$$ an hour we freak out and make a big deal out of it calling them selfish and lazy, hardly the case

Whose problem is that? Why should Disney pay above market wages? I guess you're advocating for companies like McDonald's, Home Depot, restaurants, and all of retail to pay above market too? What do you think that would do?

Disney is not the righter of all wrongs. They are a business trying to make money. If the government wants to take care of people, it's up to the citizens to elect the politicians who will tax the People and pay for these hand outs you want. "No one working 40+ hours in America should..." is a slippery slope. Who decides the standard? Someone has to pay for it. How much do we owe them? Is it my responsibility to pay for that person's shortcomings? Maybe I don't want to pay for it?

Also, what 3rd world conditions are you talking about? Have you been to a 3rd world country? Whatever the conditions, it isn't close to a 3rd world country.

 

[21stamps]

Oh please get out of here with that millennials not working hard nonsense, we have it WAY harder than the baby boomers (not the previous generation though). We got left with a crappy economy and enormous amounts of college debt that will probably never be paid off. We are the most educated yet poorest generation. Most kids my age work two full time jobs while going to school, most older people I know would never be able to do that. Also having working the service industry, Disney included baby boomers are the most self entitled Whiniest people I have ever come across. Also who the heck is asking for $20? Not one person or organization I know is. That is absurd

Ok, I have to address this. I checked to see how hold you are. Your profile says “26”.

You’ve spent your entire adult life living in a buyers market, not the opposite. You missed the the early-mid 2000s and the recession that followed. You most likely did not have a portfolio large enough, if any at all, to be impacted by the stock market crash. Your 401k most likely didn’t get hit, and if it did, you have plenty of time to recover. Let’s not paint too much of a victim picture here.

 

[Chef Mickey]

Oh please get out of here with that millennials not working hard nonsense, we have it WAY harder than the baby boomers (not the previous generation though). We got left with a crappy economy and enormous amounts of college debt that will probably never be paid off. We are the most educated yet poorest generation. Most kids my age work two full time jobs while going to school, most older people I know would never be able to do that. Also having working the service industry, Disney included baby boomers are the most self entitled Whiniest people I have ever come across. Also who the heck is asking for $20? Not one person or organization I know is. That is absurd

Many in your generation got useless degrees at private universities paid for with money you didn't have. Sorry about your luck. I worked my entire way through college and got 2 degrees in finance. Was it "fun" and did I find myself during those years? No, I was too busy working hard to think about what I enjoyed doing. Many today want to go to college and do what makes them happy and all this nonsense. That's great, but Art History is probably not going to pay the bills. Go to a college you can afford, get a degree that matters, and don't take loans unless you can pay them back. It's a simple formula.

You have lived your entire adult life during the longest bull market in decades. The economy today is absolutely booming.

 

[Chef Mickey]

Ok, I have to address this. I checked to see how hold you are. Your profile says “26”.

You’ve spent your entire adult life living in a buyers market, not the opposite. You missed the the early-mid 2000s and the recession that followed. You most likely did not have a portfolio large enough, if any at all, to be impacted by the stock market crash. Your 401k most likely didn’t get hit, and if it did, you have plenty of time to recover. Let’s not paint too much of a victim picture here.

Haha, you basically said the same thing I did.

 

[21stamps]

Haha, you basically said the same thing I did.

Regarding the education, I’ll add this. At one point in high school, freshman or sophomore year, I decided that I wanted to go to college as a history major. My dad nixed that quickly. He said he wouldn’t pay for it. I called him “Mean!” and “Horrible!” and “But I love history!!” upon hearing his response to my ‘goals’.
He sat me down and asked me to explain to him what I would do with my History degree, how much would I make, would I love the job I was doing.
Well, I hadn’t thought that far yet. We discussed it, and in the end I understood his position. Maybe even agreed with him, although I wouldn’t admit at the time.

I’m not saying that no one should get any form of a history degree. Imagine though if we all actually thought out our goals, if we all examined the long term and the ‘why’. We’d have a lot less people who are defaulting on student loans or wasting their parents money.

 

[PutmickJ]

Every generation has their slackers, their whiners, their I"m entitled simply because I exist. As far a college debt there are ways to get a college education and not come out with massive debt. Case in point I was drafted in 1968 had no intention of going to college saw what life was all about and when I got out I took advantage of the GI Bill (stilll available) went to a 2 year State junior college (low cost) and finished at State 4 year university. I lived as cheaply as possible (did not party) and worked in service type low very low pay jobs. Finished college with no debt. The key to a college education is get an education that is maketable and in demand. Yes, your generation may be most educated but in the wrong field for todays economy

I'll bite, what year did you go to college?

 

[OneofThree]

Facts:

-It isn't incumbent upon a firm (nor financially sustainable) to set wages by anything other than market conditions.

-Employees, now more than ever in this knowledge/service economy are key to growth in both revenue and share. As such, structuring compensation in a manner which motivates and rewards on this basis (profit sharing, for example) serves to motivate workers while also enriching them financially according their contributions.

-Increasing base pay for the sake of increasing base pay does not benefit the firm, the employee, or the customer in the long run.

-Millennials, as a group and relatively speaking, are not the quality of worker that their Gen-X and Boomer predecessors are.

Spoiler

 

[CaptainAmerica]

I'll bite, what year did you go to college?

It doesn't matter. I graduated from an elite private university in 2011 with $25,000 in student loans and immediately financed two vehicles (dumb!). I was debt-free three years later. It's not that hard if you put your big boy pants on and get aggressive about not living in financial slavery.

 

[larandtra]

Not meaning to disparage Millenials because I know plenty who do work hard, didnt overspend on college, etc. But, if I were to classify the group as a whole, I would certainly classiify MOST, not all, as a "what can I have given to me" generation. As some have said, maybe because they have never had to manage their own bills in a volatile economy or downturn. They have not seen the college bills really come home to roost, had to think about an economy where not only are high paying jobs hard to find, but, so are low paying ones because of the unemployment rate. Just wait till the next bubble bursts. I feel bad for them because it may be the worst one yet.

 

[flynnibus]

It doesn't matter. I graduated from an elite private university in 2011 with $25,000 in student loans and immediately financed two vehicles (dumb!). I was debt-free three years later. It's not that hard if you put your big boy pants on and get aggressive about not living in financial slavery.

25k you got off easy... 20+K/yr is the cost of PUBLIC instate schools now. And not everyone is going to graduate making 100k.. most are lucky to be making 60k. You can't dedicate 75% of your cleared money to paying off debt and still live.

The college situation right now is unsustainable. But I agree more with the other poster who said doesn't matter how educated are... if you targeted the wrong thing.

Too many people went through school and early life with the mantra "you can do anything you want!!" - and think the world owes them what they want. Instead of looking at the opportunities out there and mapping a path through them.

 

[Goofyernmost]

I'll bite, what year did you go to college?

If that question is an implication that they or myself went to college when it was cheap, that is all a matter of perspective. I graduated from College in 1968. Minimum wage was $1.60 per hour. My father ran the transportation section of an oil company made $7K per year. All things are relative, like going to Disney. It was no easier to do that stuff back then. Minimum wage is about 6 times higher then that now and so is cost of living.

You couldn't support yourself on minimum wage back then and you can't now. You start your career and you work your way into a Mercedes. You don't get it because your mom told you that you were the smartest kid in the world. Or because you got a trophy for showing up at a soccer game. Every new job we got was always an on "probation" type thing. You had to work you butt off to get to the next stage, but, this was for companies that had the next stage available.

If they didn't and had an out of balance need of skilled to unskilled workers then the next step was huge. You really had to prove yourself to get to that step. Disney is a company that leans heavily on the unskilled side. Degrees are not needed to point (with two fingers) toward a restroom or to ask "how many in your party". On top of that there are literally thousands of applicants that want to have the opportunity to have Disney on their resume and are not even lightly considering a career with Disney. If they do they cannot have the attitude that "I will give them more when the pay me more". I can't tell you how many times I heard that uttered. That gets one no place.

 

[Chef Mickey]

Regarding the education, I’ll add this. At one point in high school, freshman or sophomore year, I decided that I wanted to go to college as a history major. My dad nixed that quickly. He said he wouldn’t pay for it. I called him “Mean!” and “Horrible!” and “But I love history!!” upon hearing his response to my ‘goals’.
He sat me down and asked me to explain to him what I would do with my History degree, how much would I make, would I love the job I was doing.
Well, I hadn’t thought that far yet. We discussed it, and in the end I understood his position. Maybe even agreed with him, although I wouldn’t admit at the time.

I’m not saying that no one should get any form of a history degree. Imagine though if we all actually thought out our goals, if we all examined the long term and the ‘why’. We’d have a lot less people who are defaulting on student loans or wasting their parents money.

Smart dad.

I'm not saying we don't need history majors...but as you said, you need to have a plan and understand it's not as marketable as software engineering.

 

[jloucks]

Many in your generation got useless degrees at private universities paid for with money you didn't have. Sorry about your luck. I worked my entire way through college and got 2 degrees in finance. Was it "fun" and did I find myself during those years? No, I was too busy working hard to think about what I enjoyed doing. Many today want to go to college and do what makes them happy and all this nonsense. That's great, but Art History is probably not going to pay the bills. Go to a college you can afford, get a degree that matters, and don't take loans unless you can pay them back. It's a simple formula.

You have lived your entire adult life during the longest bull market in decades. The economy today is absolutely booming.

It takes money to make money in this economy. A catch 22 for broke people.

One of the stipulations I put on my children for me funding their education is that I get to vet their degree selections. If the career opportunities associated with their degree choices look bright, I will fund. If not, no money. My daughter is looking into bio-engineering and/or bio-weapon design (not necessarily anti-human). Ethically, I have a problem, but financially it seems pretty sound.

I also promised her a daddy-daughter corvette combo if she gets a perfect score on her SAT. She was so close on her PSAT I am a little concerned. Meh, I'll honor it. Save that much on tuition I imagine.

My son on the other hand, wanted to get a history degree. Big fat nope on that one.

...until he presented me with a detailed plan to apply the degree (teaching). Now I am rethinking my veto.

There are a lot of worthless degrees out there. It borderlines on unethical for higher education institutions to churn out as many as they do. But, as parents, that is where out wisdom can help.