Lowe's to pay $55 million in bonuses to help employees with rising costs

ByABC7.com staff KABC logo
Friday, August 19, 2022
Lowe's to pay $55M in bonuses to help workers cope with inflation
Lowe's announced it will give out $55 million in bonuses this quarter to help employees cope with a rising cost of living.

Lowe's workers, you're about to get some help paying your rising bills.

The company is giving bonuses to hourly, front-line associates to help cope with high inflation.

How much each worker will receive is not clear, but Lowe's says it's awarding $55 million in total.

The goal is to help offset the rising costs due to inflation.

Workers should see the bonus early next month.