Home Depot has been doing big business during the pandemic – and now they’re sharing some of that boom with employees.
The company reported a 24% increase in sales last quarter, as people focus on home improvement projects during the pandemic.
Home Depot earnings beat as shoppers focus on home, and the retailer plans to make pandemic pay raises permanent. https://t.co/ESt99AneaJ
— CNBC (@CNBC) November 17, 2020
Now the company is handing out $1 billion in pay increases for hourly workers – turning temporary pandemic bonuses into a permanent pay raise.
Have you tackled any home improvement projects during the pandemic?
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