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

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.
ByABC7.com staff KABC logo
Friday, August 19, 2022

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.

Copyright © 2026 KABC Television, LLC. All rights reserved.