Disney World workers reach tentative agreement on wages

CALIFORNIA (Reuters) - Walt Disney World workers have reached a tentative agreement with parent Walt Disney Co  regarding wages, union body International Brotherhood of Teamsters said. The union said the tentative deal will be voted on next week and a contract will be in effect until October 1, 2022 if approved. If ratified, Disney World workers will receive a minimum of $4.75 in wage increases over the lifetime of the contract, with everyone at the resort getting a minimum increase of $2.50 by March 6, 2019. Employees will also receive retroactive pay back to September 24, 2017, and a bonus of $1,000. By 2021, all employees will be at a minimum starting rate of $15, the union said. The contract follows a year of negotiations with the company and the Service Trades Council Union, a coalition of Teamsters Local 385 and five other unions who represent more than 39,000 workers at Walt Disney World.