Lowe’s Adds Another $100 Million to COVID-19 Worker Bonuses
Lowe's (NYSE: LOW) is boosting the amount of money it is paying out to its employees during the coronavirus pandemic, announcing it will pay them another $100 million in bonuses.
The home improvement warehouse said it wanted to "recognize and reward front-line associates" for their work through the crisis, so it was giving each full-time employee a $300 bonus while part-timers would get $150. The bonuses, which will be paid in mid-July, are similar to the payments made to workers in March and May.
Image source: Lowe's.
Source Fool.com