Lowe’s in 7th round of pandemic-related bonuses; announces spring hiring blitz  

Lowe's Companies is giving its front-line employees another bonus.

The home improvement retailer is providing an additional $80 million in discretionary bonuses, bringing its total commitment to employees, communities and store safety during the pandemic to nearly $1.3 billion.

Active hourly associates at U.S. stores, distribution centers and call centers will receive the bonus on Feb. 5. Full-time hourly associates will receive $300, and part-time and seasonal associates will receive $150. This will be the seventh bonus or special payment Lowe's has provided to hourly employees since the pandemic started.

In other news, Lowe’s  plans to hire more than 50,000 seasonal and full-time employees across  its U.S. stores this spring. The company will be  filling seasonal positions and permanent full-time and part-time roles at stores, building on the more than 90,000 associates hired into permanent roles during the past year. 

"As we approach spring, I am enormously proud of the way our associates have served customers and supported each other this past year through an unprecedented health crisis," said Marvin R. Ellison, Lowe's president and CEO. "We're pleased to provide this additional bonus to support our current associates and excited to welcome these new associates so we can better serve customers across the country." 

All hourly employees  are eligible for Lowe's quarterly profit-sharing bonuses, which were paid to 100% of U.S. stores in the first three quarters of this year. 

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