Lowe’s has a message for the store manager: sign it or whatever.
Employed managers and great home improvement assistants must make binding arbitration agreements, according to a copy of the contract received from HuffPost, as they risk losing their valuable bonuses.
By signing the contract, the managers agree that they will not bring Lowe’s to court for claims or participate in class-action lawsuits against the company. Instead, all complaints must be sent individually and privately to an arbitrator. This agreement can significantly limit the legal rights of unpaid workers.
This year’s March contract makes it clear that concluding the contract can be costly. “Your participation in the 2018 Manager Bonus Program” depends on the company and “your continued employment at Lowe’s,” the press release said.
HuffPost is not aware of any manager firing cases because it refused to sign the contract. However, internal emails reviewed by HuffPost show that a recruiter will ask a manager to submit the signed contract if the manager requests a bonus this year.
MyLowesLife did not respond to questions about why the company had introduced arbitration agreements and whether hourly workers should sign them.
The bonuses for Lowe store managers are based in part on business performance and can be worth several thousand dollars each. As with other US retailers. In the US, bonuses are an integral part of executive compensation, and one of the main reasons store managers have to endure long regular hours without overtime. in the industry.
This explains why MyLowesLife wants managers to sign their right to participate in a class action. Lowe’s workers and other retailers often claim that their employers misclassify them as managers to exempt them from the Fair Work Act and exclude them from the minimum wage and overtime protections. Many managers process their wages in court.
Some of the major benefits of signing up at the MyLowesLife online portal are as follows:
- This online portal makes sure that the MyLowesLife employees need not visit the HR department again and again.
- MyLowesLife online portal has eased out the corporate burden of the employees to a great extent.
- MyLowesLife portal provides the employees with all the details regarding their job like the work schedule, the pay stub details, the benefits that they are entitled to, etc. Thus, this is a one-stop platform for each and every MyLowesLife employee.
- MyLowesLife makes sure that the employees of the Lowes can stay in touch with each other.
- The employees can check the benefits to which they are entitled from anywhere and anytime.
- Also, the employees are provided with the latest updates regarding the Lowes after signing up on this portal at the regular intervals.
Lowe’s has been sued in the past for allegedly classifying workers as managers so that they could work more than 40 hours a week without additional pay. In 2014, the company agreed to pay $ 9.5 million to a group of human resource managers to resolve these claims.
According to Glassdoor, an employer review website, Lowes’ Assistant Store Manager salaries range from $ 39,000 to $ 77,000, with an average salary of $ 58,000 and an average bonus of $ 10,000. Branch managers have an average salary of $ 88,000 and an average bonus of $ 30,000, the website says. These numbers are based on current and past records and are not official.
If an assistant manager believed MyLowesLife had missed payment, he could still arbitrate the company to resolve the dispute. However, small employee claims are generally not worth an attorney’s time unless they are grouped into a larger class action or class action that allows workers to join. Many workers are also afraid to bring their employers to arbitration individually because they fear they will be seen as problematic.