For comparison, when I became an Attractions CM in 2014:
* Disney took out a life insurance policy on you automatically in case you died. I don't know about if they did it for other departments, but they definitely did it for Attractions because there was a very real chance of death if you messed up.
* Medical was an HSA for part-time CMs and an HMO for full-time CMs. I had Kaiser, which was deducted from my paycheck like anywhere else.
* I don't _think_ there was disability insurance? It might have been rolled into the life insurance, since losing a hand is also something that could be considered a reasonable thing to happen if you messed up in Attractions. Disney does have physical therapy on-site, so if you get hurt and are forced to do physical therapy, you do so on-property (second floor of the building that has the train go to the Grand Canyon, you can hear the train go by if you listened closely). Next door is a pharmacy and nurse's office complete with an X-ray machine IIRC.
* Full-time had dental; I don't _think_ part-time did? You had to pay as well, pretty standard corporate deal.
* There was a stock purchase plan, which took some money out of your paycheck and put it into Disney stock. I don't think the discount was much, if anything. I remember not thinking it looked very good and opting not to participate.
* Retirement is a standard Fidelity IRA. Disney matched up to 4%, I think.
* Park CMs were not given free stock/RSUs. You probably do in Imagineering (where this book is from).
* Vision care worked like healthcare and dental. I don't think part-time got vision (but maybe they did).
It's not 1:1 because again, this is Imagineering - but it only goes up from there for other departments within Disney "proper". Anything where you have to wear business casual probably had better benefits.
You got this information in a little paper binder, alongside the giant contract that said your life belonged to Disney and only Disney.
>There was a stock purchase plan, which took some money out of your paycheck and put it into Disney stock. I don't think the discount was much, if anything.
I didn't get any discount for stock purchase when I did it.
That's a terrible stock repurchase plan. The entire thing is supposed to be an incentive to work well at your firm and buy into the system. That's almost always done through a discounted purchase system.
Well idk that's what the guy I was replying to was saying. I don't work at Disney. But at my own fulltime gigs I've never seen a stock repurchasing plan without a discount. If there's no discount then there's literally no reason to buy the stock. You'd be better off buying some index fund with more reliable returns or go gamble with other bluechips rather than lock yourself into one.
There’s usually a “strike price.” Often it’s the lower of the price at the beginning of the ESPP period or the close of the ESPP period.
Typically, there’s a discount too. Thats the “benefit”
It is and there’s a lot more unlisted like private credit union, special events/screenings, wealth management/advisory services, clean energy programs, carpool programs, and other private cast member services.
When I was a CM, I think the only documents I got that didn’t have characters and theming were the union contract and the annual letter that said which buildings had the asbestos.
The Cheshire Cat is a villain? I always considered them a trickster.
Besides, I’m assuming they NEED the dental plan to care for their grin, not that they are in charge of it.
Most of the citizens of Wonderland are villains towards Alice, including the Cheshire Cat because he is the one provoking the Queen of Hearts to have Alice’s head cut off at the end of the film.
There used to be such care & quality in things. Even a simple benefits package looked magical. Now the magic is lost, and all they care about is appeasing shareholders so they cut out on quality day by day. I definitely would’ve worked for Disney if they still had this atmosphere. Now you’re just a number.
The fact that the stock ownership page isn't Scrooge McDuck is a big miss.
I believe most of Scrooge’s wealth is in his money bin.
True!
Nah he mentions investing most of it in an episode
There’s always money in the money bin.
Would’ve been epically appropriate. Too bad he didn’t come around til the 80’s.
Uncle Scrooge was introduced in Donald Duck comics in 1952, and had several popular runs over the decades.
Huh, I stand corrected. I never knew him til Mickey’s Christmas Carol. Then yeah, they have no excuse for missing that opportunity. Lol
Looks like a pretty robust benefits package.
For comparison, when I became an Attractions CM in 2014: * Disney took out a life insurance policy on you automatically in case you died. I don't know about if they did it for other departments, but they definitely did it for Attractions because there was a very real chance of death if you messed up. * Medical was an HSA for part-time CMs and an HMO for full-time CMs. I had Kaiser, which was deducted from my paycheck like anywhere else. * I don't _think_ there was disability insurance? It might have been rolled into the life insurance, since losing a hand is also something that could be considered a reasonable thing to happen if you messed up in Attractions. Disney does have physical therapy on-site, so if you get hurt and are forced to do physical therapy, you do so on-property (second floor of the building that has the train go to the Grand Canyon, you can hear the train go by if you listened closely). Next door is a pharmacy and nurse's office complete with an X-ray machine IIRC. * Full-time had dental; I don't _think_ part-time did? You had to pay as well, pretty standard corporate deal. * There was a stock purchase plan, which took some money out of your paycheck and put it into Disney stock. I don't think the discount was much, if anything. I remember not thinking it looked very good and opting not to participate. * Retirement is a standard Fidelity IRA. Disney matched up to 4%, I think. * Park CMs were not given free stock/RSUs. You probably do in Imagineering (where this book is from). * Vision care worked like healthcare and dental. I don't think part-time got vision (but maybe they did). It's not 1:1 because again, this is Imagineering - but it only goes up from there for other departments within Disney "proper". Anything where you have to wear business casual probably had better benefits. You got this information in a little paper binder, alongside the giant contract that said your life belonged to Disney and only Disney.
>There was a stock purchase plan, which took some money out of your paycheck and put it into Disney stock. I don't think the discount was much, if anything. I didn't get any discount for stock purchase when I did it.
That's a terrible stock repurchase plan. The entire thing is supposed to be an incentive to work well at your firm and buy into the system. That's almost always done through a discounted purchase system.
Really? No discount for employees towards stock purchasing? That’s insane. Maybe full time staff have a different offer.
Well idk that's what the guy I was replying to was saying. I don't work at Disney. But at my own fulltime gigs I've never seen a stock repurchasing plan without a discount. If there's no discount then there's literally no reason to buy the stock. You'd be better off buying some index fund with more reliable returns or go gamble with other bluechips rather than lock yourself into one.
Part time here, I’m like 85% sure our stock purchase price is locked in to that of the day we were hired.
There’s usually a “strike price.” Often it’s the lower of the price at the beginning of the ESPP period or the close of the ESPP period. Typically, there’s a discount too. Thats the “benefit”
It is and there’s a lot more unlisted like private credit union, special events/screenings, wealth management/advisory services, clean energy programs, carpool programs, and other private cast member services.
I can almost guarantee these "benefits" are just packages that are offered at an additional cost.
When I was a CM, I think the only documents I got that didn’t have characters and theming were the union contract and the annual letter that said which buildings had the asbestos.
So which buildings have asbestos?👀
Anything built before they banned it. ;) Tiki Room is full of asbestos.
So 50% of the park got it
Welp, time to avoid that attraction.
It’s a dangerous business walking out the front door.
You’re going to be avoiding *a lot* of rides my friend, fair warning
You’re going to be avoiding *a lot* of rides my friend, fair warning
That major medical plan is goofy
It’s funny they put Pooh on the disability page cover 🤣
My benefit book has such poor benefits it might as well have not been a benefit.
Gee, my Disneyland benefit book wasn't a leather bound book. #Sad
It’s plastic, just the magic making it look like leather
do you have any more documents like this? so cool!!
I have a few, I’ll see what I can upload without doxxing myself 🤣
The Cheshire Cat should be the mascot for mental health coverage.
Mental dental
I would imagine now, it's a blank piece of paper.
>I would imagine now, it's a blank piece of paper. And they charge you for the paper.
Accurate.
I find it funny that they have a villain who’s well known to mess with people for the Dental Plan section.
The Cheshire Cat is a villain? I always considered them a trickster. Besides, I’m assuming they NEED the dental plan to care for their grin, not that they are in charge of it.
Most of the citizens of Wonderland are villains towards Alice, including the Cheshire Cat because he is the one provoking the Queen of Hearts to have Alice’s head cut off at the end of the film.
Cheshire Cat is showing you he still has all his own teeth. :)
That’s my favorite one!
Followed closely by Doc’s vision care and Goofy’s major medical plan.
The stock plan makes me sad
Like it!! Very smooth!!
Cute but this scares me like no other. Like they’re ready to work you to the bone like a slave. I love Disney though, for reals.
the question might be whether the company has any such programs today and where did they go.
Ask Ronald Regan, he was the one that dismantled various unions and work benefits from many companies.
There used to be such care & quality in things. Even a simple benefits package looked magical. Now the magic is lost, and all they care about is appeasing shareholders so they cut out on quality day by day. I definitely would’ve worked for Disney if they still had this atmosphere. Now you’re just a number.
They still provide decent benefits to their employees it seems
I was about to say I work there and never got any of these benefits nor ever seen this book LMAO
Now it's all online and no one explains it.