Home Depot Employee Discount 2022 (Do They Have One?)
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|
|
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Formerly |
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---|---|
Type |
Public |
ISIN |
US9311421039 |
Industry |
Retail |
Founded |
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Founder |
Sam Walton |
Headquarters |
,
U.S.
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Number of locations
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10,593 stores worldwide (January 31, 2022) [2] [3] |
Area served
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Worldwide |
Key people
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Products |
Supermarket , Hypermarket , Superstore , Convenience shop |
Services | |
Revenue |
US$ 559.2 billion (2020) [4] |
US$22.55 billion (2020) [4] |
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US$13.70 billion (2020) [4] |
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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
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2,300,000 (Jan. 2021) [4] U.S.: 1,600,000 |
Divisions |
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Subsidiaries |
List of subsidiaries |
Website |
walmart.com |
Footnotes / references [6] [7] [8] |
Home Depot boasts more than 504,000 employees in its retail stores. They are known for their attractive compensation and great work environment.
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.
Home Depot Does Not Offer Employee Discounts
Business Insider says that Home Depot workers do not get discounts because of conflicts of interest.
Instead, employees have the opportunity to receive discounts on alternative 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 has a variety of benefits available to employees depending on how many hours they have worked.
The difference in work hours means that full-time employees can receive more financial incentives, time off and work/life benefits.
Part-time associates receive the following benefits:
Associates who work full time (hourly, salaried) will get:
Along with these, employees at Home Depot also get the following benefits depending on seniority level and years of service:
Home Depot Employee Benefits Available to All
All Home Depot Associates, part-time and full-time can get 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.
Can Home Depot Employees Earn Discounts?
Home Depot employees cannot receive employee discounts. However, Home Depot offers merit and award programs for high-performing employees.
This award can be in the form of a bonus or a raise in pay. You may also have the option to embellish your apron using an award badge that will allow customers to recognise your accomplishments.
Home Depot Workers Get Paid a Commission
Home Depot employees get no commission as their sales may vary from small to large.
Instead of being recognized for their contributions to large sales numbers, the merit system and bonus system will recognize them.
Each milestone accomplishment an employee achieves earns them a financial bonus and they can display a Homer badge on their apron so customers will see it.
Home Depot Canadian employees are not eligible for a 10% discount on Home Depot products. They do however get 15% off company stock.
Home Depot Canada employees receive the same benefits in Canada as U.S. employees, including the same rules regarding full-time and part time associates.
Canadian employees are able to enjoy the bonus plan benefit and share the store’s success.
In addition, if your shop exceeds its sales goals you might be eligible to receive a Success Sharing bonus of up to $2,500.
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.
The online marketplace allows employees to buy various products and services including vacations and insurances.
Lowe’s associates are not allowed to use this platform. However, they can purchase merchandise for their friends and families. Nearly $5,000 can be saved each year by employees who use the platform.
Lowe’s is not the only retailer that offers employee discounts.
Ace Hardware: 10% at first, then the wholesale price or 10-20% discount. Benefits may vary between stores.
Menards: Offers 10% off for employees. Some stores also deduct discount from your paycheck.
Walmart: Get 10% Off on All Full Priced General merchandise, Fresh Fruits and Vegetables
Home Depot Discounts: Read our other posts to learn more.
Home Depot Associates do not qualify for an employee discount in-store, or online.
However, they have access to a complete package of benefits, including paid time off, financial initiatives, healthcare, vision and dental support, and the 401(k) plan.
While benefits are available to all employees, full-time associates can claim more perks than employees who work less that 20 hours per semaine.
.Home Depot Employee Discount 2022 (Do They Have One?)