Disney to raise its minimum wage to $10 an hour
Bloomberg News, the Chicago Tribune and other news outlets are reporting today that the Walt Disney Co. has agreed to increase the minimum wage it pays its employees to $10 per hour. That brings Disney’s minimum pay up to just .10 per hour short of the federal minimum wage of $10.10 that President Barack Obama would like to see enacted and that the unions that represent Disney employees requested. The minimum wage paid to employees of Walt Disney World currently is $8.03 per hour. The pay raises for Disney employees will go into effect over the next two years.