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Disney World Union Members Approve Contract

To be honest, there was never much doubt that union members would eventually approve the latest contract from Walt Disney World. The number of employers with more than 1,000 employees who have had to deal with a strike is at an all time low. Big companies like Walt Disney know they’re operating from a position of strength, so they only made the bare minimum of improvements in their offer despite recently reporting larger than expected profits.

The other side of the coin is that health insurance costs are rising and the uncertainty about the future of those costs isn’t helping anything. The next contract will be negotiated with new health insurance policies begin in 2014. We will see if that has any affect at keeping prices low. I’m sure Disney would like to see that just as much as the unions would.