Mr. Iger also said that he “always believed that education is the key to opportunity. Education “opens door and creates new possibilities.”
“Matched with the $1,000 cash bonus, these initiatives will have both an immediate and long-term positive impact,” he added.
According to Disney, all full and part-time employees since January 1, 2018 will receive their bonus in two payments. The first payment will be in March and the second payment will be in September this year.
To comply with applicable federal law, the corporation will work with union representatives regarding its distribution plans for employees currently working under union contracts.
Furthermore, Disney said it did not change its current educational reimbursement program for full-time employees. The program is open and will continue.
