Lowe's to pay hourly employees another $100M in bonuses in July

Lowe's to pay hourly employees another $100M in bonuses in July

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Lowe’s Cos. Inc. (NYSE: LOW) will spend $100 million in July for bonuses for hourly employees. Full-time hourly employees will receive a one-time sum of $300, while part-time and seasonal employees will receive $150 — matching payments made in March and May.  The Mooresville, North Carolina-based retailer that has several Louisville locations has committed $450 million to its employees and its communities since the coronavirus pandemic began. “This year has been full of challenges and uncertainty,…

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