Lowe’s Stores Offer Hourly Employees Bonuses Amidst Inflation
Lowe’s is offering hourly employees $55 million in bonuses to help offset the sting of inflation, which has remained near 40-year highs all summer, the company announced.
These bonuses will give a boost to workers at a time when food, housing and other costs remain high, disproportionately affecting the lowest income households. The temporary relief doubles as a retention bonus in a booming labor market that has afforded workers leverage to quit their....