Lowe’s Companies Inc. LOW has been recognizing the efforts of its frontline workers, who have worked tirelessly during the pandemic, through special payments and bonuses. In April, the company scaled up the payment for full-time, part-time and seasonal associates by $2 per hour. Taking this further, it has now committed to pay an additional $100 million of discretionary bonuses to its frontline hourly workers across U.S. stores, distribution centers and store support centers.
The company plans to pay $300 to all full-time hourly associates and $150 for the part-time and seasonal associates. The bonus will be distributed to all associates in the United States on Oct 16. This will match the payments of all hourly associates in March, May, July and August.
So far amid the pandemic, the company has provided more than $675 million in incremental financial support to associates. With the payment of the aforementioned additional bonus, its total commitment for associates and communities during the pandemic reaches more than $775 million.
Additionally, in a separate release, Lowe’s Canada revealed plans to reward frontline workers with additional discretionary bonuses. The company stated that all eligible full-time and part-time associates at Lowe’s, RONA or Reno-Depot corporate stores, contact centers, and supply-chain facilities in Canada will receive the aforementioned bonuses in the latter half of October. This is incremental to the discretionary bonus paid in March and August as well as the special premium wage of $2 per hour paid in April, May, June and July.
Apart from this, Lowe’s Canada revealed that it plans to hire more than 650 people for various positions in Quebec, including more than 625 full-time and part-time regular jobs at RONA and Reno-Depot corporate stores, and about 30 positions at the Boucherville distribution center. The positions offered are that of Sales Specialists, Lumber Yard