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Lowe’s announces $80 million in bonuses, plans to hire 50,000

MOORESVILLE, N.C. — Lowe’s has announced continued investments in its front-line associates with an additional $80 million in discretionary bonuses and plans to hire more than 50,000 associates across U.S. stores this spring. The latest bonus will bring the company’s total commitment to associates, communities and store safety during the pandemic to nearly $1.3 billion, Lowe’s announced in a press release.

Active hourly associates at U.S. stores, distribution centers and call centers will receive the bonus on Feb. 5 in recognition of their continued dedication. 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 associates during the pandemic.

Lowe’s is also hiring more than 50,000 seasonal and full-time retail associates, building on the more than 90,000 associates hired into permanent roles over the past year.

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“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 are honored to be an essential business to help our customers keep their homes safe and functional during these very challenging times. 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.”

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