Originally Posted By berol From what I understand of the industry, amusement park profits are sometimes used to finance other parts of a business. Disney has a lot more parts than they used to have.
Originally Posted By juicer Bottom line: Disney needs to pay more than $8.25 - They can and should - Having this revolving door of CM's and the cost of training them - I would think that is costing the company millions?
Originally Posted By berol There would be some sort of offset from having so many people at starting pay.
Originally Posted By mrichmondj << From what I understand of the industry, amusement park profits are sometimes used to finance other parts of a business. Disney has a lot more parts than they used to have. >> That is a false assumption. When you look at Disney's annual reports, you find that over the years they have routinely invested more money in theme parks than profits generated there. The reverse is actually a more true statement -- film, tv, and merchandise have financed Disney's theme park expenditures.
Originally Posted By berol Either Disney comes out ahead overall, or they don't and raises are coming.
Originally Posted By alexbook One point that sometimes gets missed in these discussions is that Disney *can* get superior service for the same pay as their competitors, but only up to a point. Disney talks to CM's about the "Disney Difference," the intangible benfit that CM's get for working at such a wonderful place as Disneyland. Now, lots of people sneer at the "Disney Difference." It's easy to ignore it, but I think it's real. A job that pays $8.50 (or whatever) at Disneyland is, for most CM's, more satisfying than the same job at the same pay somewhere else. Part of the problem is the dollar value you place on the Disney Difference. I think Disney would like to believe that it's worth a couple of bucks an hour to the typical CM, but I think 25 or 50 cents an hour would be more accurate.
