NEW YORK — Home improvement chain Lowe’s Cos. says it’s handing out bonuses of up to $1,000 for its more than 260,000 hourly employees, as it becomes the latest major employer to invest in its workers after Congress approved a tax cut that will help businesses.
The chain, based in Mooresville, North Carolina, also will sweeten benefits for maternity and parental leave as well as adoption assistance.
The bonuses, which will be given out to both part-time and full-time hourly workers across all its U.S. facilities, will be paid in addition to Lowe’s long-standing, store-level bonus program.
Lowe’s joins other national companies like Walmart Inc., Walt Disney Co. and Starbucks Corp., which are embracing measures like giving out bonuses, enhancing benefits.
Copy the Story LinkSend questions/comments to the editors.
Success. Please wait for the page to reload. If the page does not reload within 5 seconds, please refresh the page.
Enter your email and password to access comments.
Hi, to comment on stories you must . This profile is in addition to your subscription and website login.
Already have a commenting profile? .
Invalid username/password.
Please check your email to confirm and complete your registration.
Only subscribers are eligible to post comments. Please subscribe or login first for digital access. Here’s why.
Use the form below to reset your password. When you've submitted your account email, we will send an email with a reset code.