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

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 North Carolina-based retailer has committed $450 million to its employees and its communities since the coronavirus pandemic began. The company operates 14 locations in New Mexico, including four in Albuquerque and one in Rio Rancho.

“This…

Source: The Business Journal