What is 'Duration'. Duration is a measure of the sensitivity of the price -- the value of principal -- of a fixed-income investment to a change in interest rates. Duration is expressed as a number of years. Bond prices are said to have an inverse relationship with interest rates.
Now, an attractions employee of Walt Disney World who has put in, for sake of argument, 40 years with the company (yes, they exist, I have met many) after this contract will make $14.07 an hour (with additional $.50 per hour wage increases per year over the next three years).
It lists the pay rates for starting the company in virtually every front line job at Walt Disney World. It also lists how pay is computed for overtime, holidays and even how much health insurance will cost year by year.Walt Disney World pay rates currently start at $9 an hour for an entry level position.t lists the pay rates for starting the company in virtually every front line job at Walt Disney World. It also lists how pay is computed for overtime, holidays and even how much health insurance will cost year by year.