Home Depot is one of the largest home improvement retail companies, where over 518,100 employees work. They have over 2,300 stores in different locations in the United States, Canada and Mexico. Workers in Home Depot deal with a wide variety of products, including building materials and electrical products.
Do you want to work for Home Depot? Then, you might want to know how much an employee of this retail store earns. The average income of a Home Depot employee is $32,000. Home Depot pays their associates or workers after every 2 weeks.
However, the payment period might vary from one employee to another. The full-time Home Depot employees don’t share the same payment time with the part-time workers. Hence, you must know the Home Depot payment policy before applying for any job role.
Let’s get to know when Home Depot pays their employees and how much they earn:
When Do Home Depot Part-Time and Full-Time Employees Receive Their Wage?
Home Depot pays their employees on Friday after the payment period closes on Sunday. It means you will receive a salary bi-weekly from this retail company. Consider contacting the management team if you need clarification about their paycheck. They will help you to understand better how Home Depot’s payroll period works.
How Much Do Part-Time and Full-Time Employees Earn at Home Depot?
Part-time employees get less salary than full-time employees in every company; Home Depot is no exception. Employees at Home Depot are paid based on the hours they work for. Full-time employees work more hours than part-time employees in this company.
Home Depot employees are also paid based on their rank in the organisation. Let’s find out how much the part-time and full-time employees earn:
Part-Time Employees
To be a part-time employee at Home Depot, you can earn $11 per hour. Working for 15-29 hours is essential in this type of employment. Part-time employees receive a salary based on an hourly rate. Hence, there is a wage difference between the Home Depot part-time employees.
For instance, if someone works for 16 hours, he will get $176 as a salary. However, a part-time employee who works for 20 hours will be paid $220. Apart from the salary, Home Depot part-time employees have the same benefits as full-time employees.
A part-time Home Depot worker can take sick leave and a paid vacation. They also have access to the company’s healthcare plans. Part-time employees also get $20,000 insurance coverage from Home Depot. However, to get this benefit, they must forgo $.95 from their bi-weekly salary.
Full-time Employees
Home Depot full-time employees must work at least 30 hours a week. If you join as a full-time worker in this company, you must work 130 hours every month. The maximum bi-weekly salary of a full-time employee is $11 per hour.
Full-time employees get more benefits compared to part-time Home Depot workers. This retail company provides them with health insurance packages. They also have access to Home Depot’s life insurance policies. Full-time workers have more paid vacations and sick leaves than part-time workers.
How Much Salary the High-Rank Employees at Home Depot Get?
Home Depot offers wages to sales associates, cashiers, department, store and assistant managers. Thus, to apply for these job positions, check how much you will get. It will help you to compare the salary amount to other retail companies. Go for the one that offers a high pay scale for the designated job role.
Here are the salary pay of various positions in Home Depot:
Lot Associate
A Lot associate at Home Depot monitors, maintains, and controls the store’s entrance. He ensures enough carts near the retail store to carry the products. Many associates also handle the customers who purchase items from Home Depot.
The company pays $11 per hour to the Lot associates. The average hourly pay in this Home Depot job role is $11.80. So, how much will you earn as a Lot associate at Home Depot? You can earn up to $24,600-$25,000 in this position.
Sales Associate
At Home Depot, a sales associate guides the customers to find the products they seek. They also offer detailed information about the products for a better understanding. The sales associate in this retail store earns $28,000 per year.
The hourly pay rate for this Home Depot sales associate is $11. You will be paid more if you have more than 1 year of experience in this field. Working hours of a sales associate range from 4-8 hours per day in this retail company. However, sales associates work for more hours than the other Home Depot employees.
Store Manager
Store managers in any retail store are responsible for maximising sales and profits. They develop robust strategies and objectives to achieve this business goal. Home Depot’s store manager ensures the store is stocked with high-demand products like home essentials and hardware.
A store manager at Home Depot earns $83,000 per year. Apart from a high salary, Home Depot’s store managers avail other benefits. For instance, they receive annual bonuses of around $10,000-$20,000 if they increase company sales.
Warehouse Supervisor
This Home Depot position ensures the warehouse workers perform their assigned duties properly. Warehouse supervisors coordinate and direct the activities to the workers. They are responsible for the order filling, which involves receiving and storing inventory.
Warehouse supervisors make sure customers receive their orders on time. How much does a Home Depot warehouse supervisor earn? They receive around $58,000 per year. However, you can earn $50,000-$60,000 if you have expertise in this domain.
Pay Scale in Other Home Depot Positions:
Assistant Manager at Home Depot earns around $64,500 per year. The department manager in this retail company receives a salary of $33,300, and the hourly rate in this job position is $16.
Home Depot’s cashier hourly salary is $11, the same as the sales and lot associates. Cashiers in this company tend to work for fewer hours than other employees. Hence, their annual salary is around $21,000.
Benefits a Home Depot Employee Gets:
Home Depot offers a plethora of benefits to all part-time and full-time associates. The value benefits also include the permanent employees’ spouses and eligible dependents.
Here is the list of advantages you will receive by joining the company as an employee:
Health Benefits
Home Depot’s full-time employees receive Accidental Death and Disbursement (AD&D) Insurance. They get short-term and long-term disability and term life insurance. Besides, the company covers all the hourly and salaried associates’ medical and dental expenses.
Part-time associates at Home Depot receive almost the same health benefits, but some exceptions exist. For instance, part-time employees don’t receive short-term and long-term insurance. They get Basic Travel Accidental Death and Dismemberment Insurance instead.
Maternity and Parental Leave
Home Depot offers maternity and parental leave only to full-time salaried associates. They pay the employees their salary during the maternity/paternity leave duration. The company lets you apply for maternity leave for 78 weeks and parental leave for 63 weeks.
However, Home Depot will accept the maternity or paternity leave application if you have worked for them for at least 1 year. The company also offers adoption financial assistance to salaried associates.
Home Depot reimburses the costs associated with a child’s legal adoption. The full-time and full-salaried associates receive up to $5,000, and part-time associates receive $1,500 for one child.
Bonus Plan
Full-time and salaried associates can earn extra cash by exceeding sales goals. Home Depot offers a semi-annual success-sharing bonus to all dedicated employees. Additionally, management associates also receive incentives based on their performance.
Employee Stock & Time-Off Benefits
You might be surprised that Home Depot lets you purchase stock through its plan. All employees can purchase stock to establish ownership in this leading retail company. They also get a 15% discount on Home Depot stock.
Apart from vacation and sick leaves, Home Depot offers other time-off benefits like statutory holidays. Employees can take a leave for jury duty and paid float day leaves. Home Depot associates can apply for compassionate leave for medical or other emergencies. The company lets you take leave for a day for the funeral of a close friend or family member.
What are the Other Benefits Home Depot Offers?
Home Depot reimburses e 50% of the college or university fee to the associates who want to do further studies. Retirement plans are also available for this company’s full-time and salaried associates.
This retail company helps you save money after retirement to secure your future. Home Depot employees can opt for saving with pre-tax payroll deductions and investment plans.
A care program is available for the associates and their family members. Experienced counsellors will help you to deal with family work or finance-related issues. Home Depot employees also get discounts on hotel bookings, electronic devices like computers and home and car insurance plans.