Saw this on Threads, I know the company has obligations to shareholders etc… but damn.
Lowe’s spent $43 billion on stock buybacks over the past five years. Each of its 285,000 employees could have received $30,000 bonus every year between 2019 and 2023.
Half of there employees make less than $33,000 per year.
Well that’s why we are the bottom feeders. The big wigs of America feed the bottom feeders penny’s. Use lowes to pay for education and get into something else
If you want to share the wealth, become a stockholder. Businesses exist to make money for owners and pay the bare minimum that the market requires to employees. I know that may sound harsh and trigger some people, but that is the reality that we all live in. My advice—get off the Lowe’s hamster wheel and for that matter retail work in general and either go into sales or the trades.
The overall gist of working at Lowe's is this: You do not matter. Expectations for your employment are high and not usually achievable. If you start to exceed a certain "per hour" rate you will be targeted with higher workload, fewer hours if part time, and harassment for calling in sick or missing a day. Sorry to be so pessimistic but Lowe's on a whole, instead of helping associates become better and retaining good talent, has decided to go the easy route and reduce training to some half-a$$ed online videos and quick turn over rate for payroll reduction
Thats Melvin for ya