The Walt Disney Company Announces $1,000 Bonuses For Employees, New $50 Million Education Program
By Thomas Barrabi, Fox Business // January 24, 2018
dispersed in two payments; March and September
ABOVE VIDEO: The Walt Disney Company announced today that more than 125,000 Disney employees will receive $1,000 cash bonuses, joining the list of companies rewarding employees with incentives tied to the passage of a GOP-backed tax reform bill.
(FOX BUSINESS) – More than 125,000 Disney employees will receive $1,000 cash bonuses, the company announced on Jan. 23. The bonuses will be dispersed in two payments, one in March and another in September.
In addition, Disney invested $50 million in an education program to cover tuition payments for hourly employees.
“I am proud we are directing approximately $125 million to our cast members and employees across the country and making higher education more accessible with the launch of this new program,” Disney CEO Bob Iger said in a statement.
“I have always believed that education is the key to opportunity; it opens doors and creates new possibilities. Matched with the $1,000 cash bonus, these initiatives will have both an immediate and long-term positive impact.”
CLICK HERE TO READ FULL ARTICLE ON FOX BUSINESS
CLICK HERE FOR BREVARD COUNTY NEWS