Home Depot Employee Discount 2022 (Do They Have One?)
|
|
|
|
Formerly |
|
---|---|
Type |
Public |
ISIN |
US9311421039 |
Industry |
Retail |
Founded |
|
Founder |
Sam Walton |
Headquarters |
,
U.S.
|
Number of locations
|
10,593 stores worldwide (January 31, 2022) [2] [3] |
Area served
|
Worldwide |
Key people
|
|
Products |
Supermarket , Hypermarket , Superstore , Convenience shop |
Services | |
Revenue |
US$ 559.2 billion (2020) [4] |
US$22.55 billion (2020) [4] |
|
US$13.70 billion (2020) [4] |
|
Total assets |
US$252.5 billion (2020) [4] |
Total equity |
US$87.53 billion (2020) [4] |
Owner |
Walton family (50.85%) [5] |
Number of employees
|
2,300,000 (Jan. 2021) [4] U.S.: 1,600,000 |
Divisions |
|
Subsidiaries |
List of subsidiaries |
Website |
walmart.com |
Footnotes / references [6] [7] [8] |
Home Depot’s stores employ over 504,000 associates. Home Depot has an excellent reputation for providing great rewards and a wonderful environment to help those who are looking for a new career.
Unfortunately, Home Depot employees do not get a discount as of 2022. Instead, they get multiple benefits depending on how many hours they work per week, including paid time off, healthcare, tuition reimbursement, life insurance, spending accounts, disability insurance, and vision and dental care.
Why Doesn’t Home Depot Give Employee Discounts?
According to Business Insider, Home Depot employees do not receive a store discount as it is considered a conflict of interest.
Instead, the employees are given discount codes to other locations through OrangeLife.
Managers, cashiers, customer assistants and other store staff are often the first to know about a sale, which allows them to make purchases earlier.
What are the benefits that Home Depot employees receive?
Home Depot’s workers have many advantages, depending on their hours.
The difference in work hours means that full-time employees can receive more financial incentives, time off and work/life benefits.
Associates who work part time receive these benefits:
Associates who work full time (hourly, salaried) will get:
Home Depot employees also receive the following benefits, depending on their seniority and service years:
Home Depot Employee Benefits Available to All
All Home Depot part-time employees and full-time associates are eligible to receive employee benefits. However, the benefits you are entitled to may depend on the amount of hours you work.
To receive full-time employee benefits, an associate must work an excess of 20 hours per week, with part-time benefits given to those that work under this amount weekly.
Home Depot Employees Can Get Discounts
Home Depot associates can’t earn discounts for employees, but the company offers high-performing employees merit and awards programs.
These awards can include bonuses, a pay rise, a promotion, and the ability to decorate your apron with an award badge so that customers can recognize your achievement.
Are Home Depot employees paid a commission?
Home Depot employees don’t get paid commissions for sales because sales are different every day.
Instead, employees who make a significant contribution to the sale of a product or service are awarded a merit and bonus.
Employees also receive a financial reward and a Homer badge for each milestone they achieve.
Home Depot Canada employees do not have a discounted on Home Depot products. But they receive 15% discount on stock shares.
Note that Home Depot employees in Canada receive the same benefits as employees in the U.S., with the same rules for full-time and part-time associates.
However, Canadian employees can enjoy sharing the success of a store that makes extra sales with the Bonus Plan benefit.
If your store surpasses its goals in sales, your semi-annual success sharing bonus may be increased.
What Hardware Stores Offer Employee Discounts
If you seek a position at a store that provides an employee discount through its benefits package, you may wish to work at Lowe’s.
Lowe’s associates receive a 10% discount applicable for full-price in-store purchases and online using an employee discount card.
Lowe’s associate discount program is also available to employees.
You can shop for various services and products online, such as insurance and vacations.
The platform is exclusively for employees of Lowe’s, but associates can buy merchandise on behalf of friends and family. Employers can save as much as $5,000 each year using this service.
Employee discounts at these retailers are available, in addition to Lowe’s
Ace Hardware: At first 10% before price increases to wholesale or at 10-20% from wholesale. You may get different benefits depending on where you are located.
Menards offers a 10% discount for employees, while some stores will deduct your salary from the discounts.
Walmart: Get 10% Off on All Full Priced General merchandise, Fresh Fruits and Vegetables
If you want to know more about Home Depot’s discounts, you can also read our related posts on the Home Depot student discount, if Home Depot has a senior discount, and if Home Depot has a military & veteran discount.
Home Depot associates are not eligible for an exclusive discount when they shop in-store or online.
They have the option of a comprehensive package that includes financial and medical initiatives, time off paid, as well as healthcare and vision support.
The benefits of all employees are accessible, however full-time associates might have more access to perks than those who work less then 20 hours per weeks.
.Home Depot Employee Discount 2022 (Do They Have One?)