Advertisement
UK markets open in 4 hours 37 minutes

  • NIKKEI 225

    37,793.64
    -666.44 (-1.73%)
     

  • HANG SENG

    17,326.33
    +125.06 (+0.73%)
     

  • CRUDE OIL

    82.69
    -0.12 (-0.14%)
     

  • GOLD FUTURES

    2,331.00
    -7.40 (-0.32%)
     

  • DOW

    38,460.92
    -42.77 (-0.11%)
     

  • Bitcoin GBP

    51,531.04
    -1,943.73 (-3.63%)
     

  • CMC Crypto 200

    1,387.08
    -37.02 (-2.60%)
     

  • NASDAQ Composite

    15,712.75
    +16.11 (+0.10%)
     

  • UK FTSE All Share

    4,374.06
    -4.69 (-0.11%)
     
Money:

The five essential pieces of financial paperwork you must never lose

Mislaying key documents can cause real headaches, so it’s worth tracking down these most commonly-lost bits of paperwork

Lowe's to spend another $100 million in bonuses for hourly staff

Reuters
·1-min read
A Lowe's retail store is shown in Carlsbad, California

(Reuters) - Lowe's Cos Inc <LOW.N> said on Wednesday it would give its hourly staff an additional $100 million in discretionary bonuses, as the home improvement retailer prepares for the busy holiday season.

The company said hourly staff in its U.S. stores, distribution centers and store support centers will receive the bonus on Oct. 16. Full-time staff will receive $300, while part-time and seasonal employees will be paid $150.

The move brings the company's total bonuses during the pandemic to more than $775 million, it said.

Several retailers, including online retail giant Amazon.com Inc <AMZN.O> and Walmart Inc <WMT.N>, have spent millions in bonuses to compensate staff for catering to a surge in online demand during the COVID-19 pandemic.

(Reporting by Nivedita Balu in Bengaluru; Editing by Krishna Chandra Eluri)