In letter to employees, Hobby Lobby CEO announces he will reimburse staffers for wages lost from coronavirus-related pay cuts following 'record sales' in May and June
A salaried Hobby Lobby employee in Florida, speaking on the condition of anonymity, said his store has been "crazy busy" with booming sales and high foot-traffic nearing holiday levels typically seen in November and December. By contrast, the staffer said May and June are typically "slow" for his store.
He said he believes the decision may have been made in response to frustration from overworked store managers and other full-timers that have threatened to leave in recent months and inquired as to why the company wasn't raising their pay for working in a pandemic, such as as retailers like Whole Foods.
Hobby Lobby did not respond to Business Insider's request to comment on the salary changes and retroactive pay. I pray that this letter finds you and your family safe and healthy. The journey we have traveled since March could not have been successful without your hard work and sacrifice. I have long said the biggest blessing on our company has been the wonderful people with whom we get to work.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nursing homes struggle to pay for workers to get a coronavirus test - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »
Four European nations to pay $843 million for AstraZeneca's coronavirus vaccineItaly, Germany, the Netherlands and France have reportedly agreed to pay an initial 750 million euros ($843.2 million) for 300 million doses of AstraZeneca's potential vaccine against Covid-19.
Read more »
Entrepreneurs should add slides about coronavirus to their pitch decks - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »
3 ways the coronavirus may impact your money a year from now - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »
The state of Gen Z's mental health during the coronavirus pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »