Lowe’s today announced it will provide an additional $100 million in bonuses to recognize front-line hourly associates.
The company said all employees in U.S. stores, distribution centers and support centers will receive the bonuses on Oct. 16.
Full-time hourly employees will get $300 and part-time and seasonal employees will receive $150.
“Throughout the spring, summer and now into fall, our front-line associates have shown remarkable resilience and dedication to our communities in the most trying times we have faced together,” said Marvin R. Ellison, Lowe’s president and CEO, in a news release.
“As we continue to provide extraordinary service to our customers throughout the pandemic, we are pleased to provide this additional bonus as a thank you to our associates for their perseverance and continued commitment to our customers.”
In total, Lowe’s said it has provided «more than $675 million in incremental financial support to associates this year. Along with the previous special payments and bonuses, Lowe’s increased pay for full-time, part-time and seasonal associates by $2 per hour for the month of April.
The company will also continue its longstanding tradition of closing stores on Thanksgiving to provide associates time off to recharge with their families.»
