Disney to Give $1,000 Cash Bonuses to 125,000 Employees

The Walt Disney Company will give more than 125,000 employees one-time $1,000 cash bonuses, amounting to a $125 million allocation by the entertainment giant.

“We are directing approximately $125 million to our cast members and employees across the country and making higher education more accessible with the launch of this new program,” CEO Bob Iger said in a statement.

The bonus applies any full-time and part-time employees who have been working for Disney since before January 1. Those eligible will receive the bonus in two parts, with one in March and the other in September. Executive level employees are exempt.