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 Headlines News

United States Latest News,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.

Source: News Formal (newsformal.com)

 

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 Latest News, 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 »

Lowe's gives $100 million more in bonuses to hourly employeesIt marks the sixth time the home improvement retailer has given additional pay to hourly workers during the coronavirus pandemic. Hmmm, The cashiers at the Lowes store near me told me they have been consistently cutting hours and understaffing. They now staff half the people on the floor than they previously had. This is wonderful. Kudos to Lowes
Source: CNBC - 🏆 12. / 72 Read more »

Uber, Lyft spend big in California to oppose even costlier gig worker lawUber and Lyft together are spending nearly $100,000,000 on a November California ballot initiative to overturn a state law that would compel them to classify drivers as employees. That's far less than they would spend if they just paid their fucking drivers a livable wage. As a Uber driver we don’t want to be classified as employees Great!!!👎👎👎
Source: NBCNews - 🏆 10. / 86 Read more »

Uber, Lyft spend big in California to oppose even costlier gig-worker lawUber Technologies Inc and Lyft Inc together are spending nearly $100 million on a November California ballot initiative to overturn a state law that would compel them to classify drivers as employees. Huge stupidity that gig-worker law
Source: Reuters - 🏆 2. / 97 Read more »

Johnson & Johnson to pay more than $100 million to settle over 1,000 talc lawsuits: BloombergJohnson & Johnson will pay more than $100 million to settle over 1,000 lawsuits that allege the company's Baby Powder caused cancer, Bloomberg news reported on Monday, citing people with knowledge of the pacts. Bowenchris OptimisticJets NYJetsTFMedia nyjets sell the team.FireAdamGase Pocket change
Source: Reuters - 🏆 2. / 97 Read more »

IRS Must Pay $100 Million Worth Of $1,200 Stimulus Checks, Judge Orders In Prisoners’ LawsuitU.S. District Court Judge Phyllis Hamilton issued a preliminary injunction requiring the IRS and Treasury Department to stop withholding stimulus checks from eligible incarcerated individuals. At least 80,000 people may now receive $1,200 stimulus checks, totaling over $100 million. We serious serious ? “preliminary injunction requiring the IRS and Treasury Department to stop withholding stimulus checks solely on the basis of their incarceration status.”
Source: Forbes - 🏆 394. / 53 Read more »