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Lowe’s to hand out another round of bonuses worth $100M

Lowe’s also gave bonuses in March, May, July and August
The home improvement retailer said all full-time hourly workers will get $300, and part-time and seasonal employees will receive $150 on Oct. 16.
The home improvement retailer said all full-time hourly workers will get $300, and part-time and seasonal employees will receive $150 on Oct. 16.(Source: Lowe's)
Published: Oct. 7, 2020 at 2:56 PM CDT|Updated: Oct. 7, 2020 at 3:41 PM CDT
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MOORESVILLE, N.C. (AP) — Lowe’s Cos. says it is handing out another round of bonuses to recognize its front-line employees in light of the COVID-19 pandemic.

The home improvement retailer said all full-time hourly workers will get $300, and part-time and seasonal employees will receive $150 on Oct. 16.

The bonuses total $100 million.

Lowe’s handed out similar bonuses in March, May, July and August.

With the latest bonuses, Lowe’s will have provided more than $775 million in financial support to its sales associates this year.

Copyright 2020 The Associated Press. All rights reserved.

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