Lowe's to spend another $100 million in bonuses for hourly staff

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The company said hourly staff in its U.S. stores, distribution centers and store support centers will receive the bonus on Oct. 16. Full-time staff will receive $300, while part-time and seasonal employees will be paid $150.

The move brings the company’s total bonuses during the pandemic to more than $775 million, it said.

Several retailers, including online retail giant Amazon.com Inc (O:AMZN) and Walmart Inc (N:WMT), have spent millions in bonuses to compensate staff for catering to a surge in online demand during the COVID-19 pandemic.