Many American companies, including Walt Disney, announced bonuses for their workers

0
530

Orlando-based Darden Restaurants said earlier this month the new GOP tax cut will prompt it to spend an additional $20 million on its 175,000-plus employees this year, but did not give specifics. Walt Disney Company decided Tuesday to give $1,000 cash bonus to more than 125,000 employees across the globe. $50 million will be also invested to help hourly employees pay for college tuition starting with the upcoming fall semester.

Disney-company

“I have always believed that education is the key to opportunity; it opens doors and creates new possibilities,” chief executive officer Robert Iger  said in a statement. Comcast, which owns Universal Orlando parent NBCUniversal, announced also $1,000 bonus to employees The money come in part from the tax cut that reduced the corporate tax rate from 35 percent to 21 percent. Under the new Disney bonuses, all full-time and part-time employees who have worked at Disney since Jan. 1 are eligible for the money — which will be split in two payments in March and September, a news release said. The employees can be hourly, salaried or tipped, but not executives.

LEAVE A REPLY

Please enter your comment!
Please enter your name here