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Lowe's will spend $100 million to give its hourly workers bonuses of up to $300 this month - Business Insider

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Lowe's will spend $100 million to give its hourly workers bonuses of up to $300 this month

Reuters/Mohammad KhursheedPart-time and seasonal workers will get $150, while full-time employees will get $300. - Lowe's said on Wednesday it would give its hourly staff an additional $100 million in discretionary bonuses, as the home improvement retailer prepares for the busy holiday season.

The company said hourly staff in its U.S. stores, distribution centers and store support centers will receive the bonus on Oct. 16. Full-time staff will receive $300, while part-time and seasonal employees will be paid $150.Several retailers, including online retail giant Amazon and Walmart, have spent millions in bonuses to compensate staff for catering to a surge in online demand during the COVID-19 pandemic.

 

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It is such a sweet thought and gratitude to include the hourly staff hard work for the company.

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