- Lowe’s Companies, Inc. (NYSE: LOW) recently announced it will hire 20,000 associates across its U.S. stores and regional distribution centers to support customer demand this holiday season and beyond. And the company is committing another $100 million in discretionary bonuses to thank front-line hourly associates.
Lowe’s Companies, Inc. (NYSE: LOW) recently announced it will hire 20,000 associates across its U.S. stores and regional distribution centers to support customer demand this holiday season and beyond. This announcement comes as the company commits another $100 million in discretionary bonuses in order to thank front-line hourly associates and support their families during the holiday season.
Along with seasonal help for the holidays, Lowe’s is actively filling permanent full-time and part-time roles at stores and adding 2,500 team members at regional distribution centers nationwide. And available supply chain openings include day, night, weekend, and overnight shifts for team members, and store positions include cashiers, customer service associates, receivers, unloaders, load pullers, and sales specialists.
The active hourly associates at U.S. stores, distribution centers, and call centers will receive the bonus on Nov. 13 as they support customers preparing their homes for holiday celebrations and winter weather. And full-time hourly associates will receive $300 and part-time and seasonal associates will receive $150.
The sixth bonus payment will build on the $100 million announced earlier this month for associate bonuses in October, bringing Lowe’s total support of associates during the pandemic to more than $775 million. And Lowe’s previously provided special payments and bonuses to hourly associates in March, May, July, August, October, and November. Plus front-line associates received a temporary $2 per hour wage increase in April.
During the pandemic, Lowe’s hired over 155,000 associates through its seasonal hiring process with many associates transitioning to more permanent roles with the company. And Lowe’s associates benefit from competitive pay, a 10% employee discount, comprehensive health and wellness benefits, Calm Work Life Services, 401(k) and discounted stock purchase plans, tuition reimbursement, and paid volunteer time. And hourly associates are eligible for quarterly “Winning Together” profit-sharing bonuses — which were paid to 100 percent of U.S. stores in the first two quarters of this year. Interested candidates can visit careers.lowes.com or text “JOBS” to LOWES (56937) to learn more about available opportunities in their area.
Lowe’s stores are going to close on Thanksgiving Day so associates can enjoy their special time at home with loved ones. And in addition to its support of associates, Lowe’s has committed over $100 million to support communities during the pandemic.
KEY QUOTE:
“As the holiday season approaches, we’re especially grateful for our front-line associates who continue to maintain the highest level of customer service, and this bonus is our way of saying thank you and providing a little extra financial support for their families during this time. We’re also pleased to continue hiring for more than 20,000 roles across our stores and supply chain during a time when it’s more important than ever to make being home for the holidays special.”
— Lowe’s president and CEO Marvin Ellison
