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Home Depot Employee Discount 2022 (Do They Have One?)
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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 employs over 504,000 people in stores. This has earned it a good reputation for providing attractive benefits and an environment that encourages new retail careers.
Unfortunately, Home Depot employees do not get a discount as of 2022. Instead they receive multiple benefits depending on their hours, which include paid time off for healthcare and tuition reimbursement.
Why Doesn’t Home Depot Give Employee Discounts?
Business Insider says that Home Depot workers do not get discounts because of conflicts of interest.
Instead they have access to OrangeLife’s employee portal, which offers discounts for alternative locations.
Also, associates in stores, such as managers and cashiers are usually the first to see a sale coming, so they can purchase items earlier.
What Benefits Do Home Depot Employees Get?
Home Depot offers several benefits for its workers, depending on the number of hours worked.
Although all workers receive financial incentives, paid time off, and work/life benefits, full-time employees get more benefits than part-time employees due to the difference in hours worked.
Benefits for Part-Time Associates:
Associates who work full time (hourly, salaried) will get:
Home Depot employees get these and other benefits depending on years of service.
Home Depot Employee Benefits Available to All
All Home Depot full-time and part-time associates can claim 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 receive discounts
Home Depot associates do not have the right to receive discounts as employees. However, Home Depot does offer high-performing employees merit or award programs.
They can come in the form bonuses, promotions, pay rises, and even an opportunity to personalize your apron so that your customers recognize you for your success.
Home Depot employees get paid a commission
Home Depot employees are not paid a commission because of the variability in sales.
Employees who contribute significantly to sales are recognized through the merit- and bonus system.
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 have the same benefits that employees in America, and the same rules apply to full-time employees as well as part-time associates.
Canadian employees have the opportunity to share the joy of extra sales at a Canadian store with the Bonus Plan Benefit.
If your store surpasses its goals in sales, your semi-annual success sharing bonus may be increased.
How do you get discounts for employees at hardware stores?
Lowe’s could be an option if the store offers employees discounts as part of their benefits package.
Lowe’s associates enjoy a 10% discount in-store on full-priced purchases, and online via an employee discount code.
Lowe’s Associates Discount Program is available for employees.
This is an online marketplace where employees can purchase various products and services, including cell phones, vacations, and insurances.
Lowe’s employees can only use the platform, however associates may purchase merchandise for friends or family. Employees can save almost $5,000 annually by using the service.
Lowe’s is not the only retailer that offers employee discounts.
Ace Hardware: At first 10% before price increases to wholesale or at 10-20% from wholesale. Benefits may vary between stores.
Menards offers a 10% discount for employees, while some stores will deduct your salary from the discounts.
Walmart: 10% discount on full-price general merchandise, fresh fruit, and vegetables.
Home Depot provides discounts for students, seniors and veterans. You can find out more by reading our post on Home Depot’s discount policies.
Home Depot associates do not receive an exclusive employee discount for in-store or online purchases.
They have the option of a comprehensive package that includes financial and medical initiatives, time off paid, as well as healthcare and vision support.
Benefits are open to all employees but full-time associates may claim more perks than part-time employees that work under 20 hours per week.
.Home Depot Employee Discount 2022 (Do They Have One?)