Walt Disney World Corporation Mr. Gene Edwards Week 5 Frederick R. Paige III Erick Cover Nekisha Crochrell
University of Phoenix 2 Introduction Walter Elias Disney, the founder of Walt Disney World Corporation was born on December 5, 1901 and is recognized for his role as a producer, director, entrepreneur, entertainer and philanthropist. Walter Disney had a vision for opening up a place for children to come and see their favorite cartoon characters and have a good time; Walt Disney World. Walt Disney World is the United States single-site largest employer with over 50,000 employees, 500 HR Professionals, 1,500 current job descriptions and 32 unions. Disney can attribute its success and wealth to the professionals they hire and the retention that they have by the employees. The employee benefits, retention, rewards and incentives are just part of the Disney culture that inspires people to work there. Disney values job enrichment, job satisfaction and employee motivation to uphold the standards which it has set within the leading the United States within the world. Learning and Development One way in which Disney empowers its employees is through the college and tuition reimbursement program. Disney takes higher education seriously and wants employees to feel empowered by accomplishments of furthering their education and goals. Advancing a career at Disney is one way in which shows commitment and employees can achieve this by enrolling at Disney University; which offers more than 225 classes on topics ranging from basic computer skills to career management. Another program that Disney offers is the tuition reimbursement program to assist qualifying employees in higher education. Qualifying employees can enroll in any furthering education program that Disney favorably accepts that will enhance an employees contribution to the company. University of Phoenix 3 Walt Disney handbook states. The Walt Disney Company offers an array of tools for learning and development, including more than 10,000 online reference materials and resources, instructor-led classes, performance support systems, and education reimbursement for job-related degree programs. Our world-class training programs are customizable to each employee and their goals. This incentive of motivating employees through education is a valuable tool in todays economy. Many employers do not offer job incentives like this therefore; having this option available to employees is an intrinsic and extrinsic benefit. Wellness Benefits Of course, Disneys marketing savvy, theme parks, movies, television networks, retail stores and beloved cartoon characters help instill its organizational culture in future employees even before they are old enough to wok. But despite its prominent place in the American subconscious, Disney leaves nothing to chance when educating job applicants about who might be satisfied as a case member. (Rubis, 2009) Disney does not just hire anyone who applies for a job or career with the company. An extensive strategy is set in place by the Disney organization to fulfill over 20,000 jobs annually. Thus, effective practices in hiring, training and retention are key elements in having one of the most successful entertainment industry jobs. Another inspiring benefit that Disney offers its employees are the health and wellness programs. This program is not only for the employee but extends to spouse, children and even same-sex domestic partners. Disney is committed to the total well being of its cast members physically, emotionally and financially. The wellness program is offered to all case members after the extensive employment process is completed. Because Disney does not want employees to come to work with an illness, they offer incentive programs that earn cast members up to $300 or double that if their spouse participates. This incentive helps to offset their healthcare costs University of Phoenix 4 even further. Within the scope of wellness there is also a Personal Life Resource program that imparts cast members with further services for themselves and their families. Some of these services include childcare, parenting needs, adult care, aging services, financial concerns and education. There is a toll free number or a 24-hour online resource that cast members can use to get in touch with a specialist regarding almost any life-changing event. Disneys approach to its cast members is unparalleled to any other entertainment industry companies. The inspire cast members to have an intrinsic motivation about working for this dynamic organization. Through the employee wellness incentive programs and college reimbursement program, Disney instills worth and value into its cast members. The financial rewards of the wellness program combined the tuition program helps cast members financially further their education and stay healthy at the same time. Cast members recognize the value of these important benefits and it shows through the reoccurring guests that frequent Disney parks. Over 600 million guests have been to Walt Disney World since it opened in 1971 and Disney is still one of the largest growing entertainment companies in the world. Compensation Benefits When thinking of Disney World, you think of Mickey Mouse, Donald Duck, Goofy, Cinderella, and Snow White and the seven dwarfs too name a few. We also think of the theme parks in Florida and California and what magical places they are. We also think of planning vacations to these theme parks to create magical memories for our children. But one must ask them self, exactly what is it like to work for Walt Disney World the company? Not only is Walt Disney World one of the greatest places to work for in the world, their employees love the benefits that Disney offers. The company offers and attractive benefits package for its salaried and hourly employees and cast members. There are several benefits University of Phoenix 5 including in that package such as tuition reimbursement, onsite daycare, Disney scholarship program, complimentary theme park tickets, free admission to film screenings, 401k plans, and free admission to the theme park for three other guests. Walt Disney is creating the magic for their cast members through their tuition reimbursement program which offers financial benefits for qualified courses that are educational and are closely related to the employees job duties. Employees may qualify for up to $700 per credit unit, in addition $100 per course for the cost of materials. Disney has adapted an approach that most companies place a cap on, educational costs. Disney wants to create a win-win situation for themselves and their employees. They will pay for the employees educational costs as long as the employee is willing to go to school. Complimentary themes park tickets are offered to all employees. Full time hourly cast members get main entrance blue passes which allows them access the theme park and also gives them tickets for up to three guests 12 times per year. Salaried cast members receive silver passes, which allows them to access the park 24 hours per day, 365 days out of the year. This pass also allows this cast member to invite three guests to the park on an unlimited basis. They also receive two more free passes for a guest in the summer, and two additional passes for a guest in the winter. Upon a cast members 15 th year anniversary of working with the company, they are them eligible for a silver pass instead of the blue pass given to all employees. As in the case of the salaried cast member, this hourly employees service and dedication to the company has not only given them an all access pass privilege to travel the park, it has also given them the ability to pass those benefits down to three friends or family members of their choice. University of Phoenix 6 Disney also offers the Disney Scholarship program. This program allows children of eligible employees and cast members to apply for a scholarship from the Walt Disney Company Foundation. This allows a cast members child to tap into those same educational benefits that Disney offers its employees. In addition, it gives the worker a sense of loyalty to a company that is willing to put their child through school. On-site child care is offered by the YMCA. Disney offers a subsidy to employees who earn less than $11.00 per hour. In addition, this allows the employee to be timely in their attendance, also they do not have to worry about picking their child up from another facility and in case of an emergency, their child is onsite. These subsidies take the burden off low income families who are having a hard time affording their normal cost of living expenses as well a child care. Disney opened three new onsite childcare facilities to meet the growing demand of employees who use this service. Disneys mission is to provide quality entertainment for people around the world. For many adults who have grown up watching Walt Disney movies such as Lady and the Tramp, Dumbo, Bambi, Pinocchio, Peter Pan and Wendy, Mary Poppins and Sleeping Beauty to name a few, have an opportunity to create memorable moments for children by acting out these characters in costume when children visit the park. It also gives them the opportunity to find out what goes on behind the scenes of the company. Disney is also a part of the Local Teamsters 385 union. This is great benefit for new employees who are eligible to sign up. Joining a union secures job protection, benefits and wages. It also guarantees the employee an automatic 4% increase every October under the Union contract. It also will guarantee that employees are treated fairly and are not terminated without just cause. The union also ensures that there is an agreement between them and Disney to lock in University of Phoenix 7 benefits for each employee working Disney that is part of the union. A new hire does not have to join the union, however most employees will advise that it is advantageous to do so.
University of Phoenix 8 References http://corporate.disney.go.com/news/parks_resorts/corprespon_workplace.html http://thewaltdisneycompany.com/citizenship/disney-workplaces Rubis, L. (1998, April). Show and Tell. HR Magazine, 45(5), 110.