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

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Instagram star @MrsDowJones shares an inside look at a day in her life - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »