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.

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Source Fool.com