Walt Disney Co. said Tuesday that it plans to give full-time and part-time employees in the U.S. who have been with the company since prior to Jan. 1 a one-time cash bonus of $1,000. About 125,000 Disney employees will be eligible for the bonus, which comes as a result of the tax bill that was signed into law in December. The company is also investing $50 million in a new and ongoing education program to cover tuition costs for hourly Disney employees. A number of companies have vowed to give employees bonuses since the tax law’s passage. Notably, Walt-Mart Stores Inc. said earlier this month it would give employees with 20 years of service a $1,000 bonus. Disney shares are up a little more than 3% in the last 12 months, while the S&P 500 index is up more than 25% and the Dow Jones Industrial Average is up more than 32%.
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