Hourly employees at Lowe’s will get anotherbonus to thank them for serving customers during the coronavirus pandemic as Covid-19 cases rise in many states.

The home improvement retailer said it will pay full-time hourly employees $300 and part-time and seasonal employees $150 in mid-July. It gave employees the same amount in bonuses in March and in May, and for the month of April, it raised employees’ hourly pay by $2. Its pandemic-related special bonuses have totaled about $245 million.

Lowe’s sales have risen during the pandemic, as customers do DIY projects and repairs while they spend more time at home. Its same-store sales grew by more than 11% in the first quarter, but CEO Marvin Ellison said that will likely level off in the months ahead.

Source: CNBC


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