With over 504,000 associates employed in its stores, Home Depot has built a reputation for offering attractive rewards and a great environment for those hoping to start a retail career.
So if you’re applying for a role at Home Depot and looking into employee benefits, you may be wondering – does Home Depot have an employee discount? Here is what I’ve found out!
Home Depot Employee Discount In 2022
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.
If you want to learn more about whether Home Depot employees receive a commission, who can use the employee benefits, and which stores offer employee discounts, keep on reading!
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, they are given access to discounts to alternative locations through the employee portal called OrangeLife.
Additionally, store associates including managers, cashiers, and customer assistants are also the first to learn when a sale is approaching, allowing them to purchase goods 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.
Part-time associates receive the following benefits:
- Short-term Disability Insurance
- Life Insurance
Full-time (hourly and salaried) associates will receive:
- Spending Accounts
- Disability Insurance
- Life Insurance
- Accidental Death and Dismemberment Insurance
Along with these, employees at Home Depot also get the following benefits depending on seniority level and years of service:
- A 401(k) savings plan with Company match
- Bonuses and merit increases
- Paid parental leave
- Care solutions for life
- Exclusive discounts on living expenses, such as cell phone plans or bills
- Teladoc 24/7 physician support
- Pet insurance and pet-sitting
- Access to a health care support team
- Discount on Home Depot company stock at 15%
- Tuition reimbursement
- Financial recognition for milestone achievements (Homer Badge)
- Dollar to dollar matches for donations to nonprofit organizations/charities
Who Can Use Home Depot Employee Benefits?
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.
Can Home Depot Employees Earn Discounts?
Home Depot associates cannot earn employee discounts, however, the company does offer merit and award programs to high-performing employees.
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.
Do Home Depot Employees Get Paid A Commission?
Home Depot employees do not get paid a commission for their sales, as sales can differ between small and large every day.
Instead, if employees contribute to a large number of sales, their work is recognized by the merit and bonus system.
Additionally, for every milestone achievement an employee receives, they also get a financial reward for their services and a Homer badge to place on their apron for customers to see.
Home Depot Canada Employee Discount In 2022
Canadian employees of Home Depot also do not get an employee discount on Home Depot products, but they do get a discount on company stock shares of 15%.
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.
So if your store exceeds its sales goals, you may receive additional money in your semi-annual Success Sharing bonus.
Which Hardware Stores Provide 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.
In addition, Lowe’s employees can access Lowe’s Associate Discount Program.
This is an online marketplace where employees can purchase various products and services, including cell phones, vacations, and insurances.
The platform is exclusively for employees of Lowe’s, but associates can buy merchandise on behalf of friends and family. Using the service, employees can save nearly $5,000 each year.
Other than Lowe’s, employee discounts are also available at the following retailers:
- Ace Hardware: Initially 10%, before the price becomes the wholesale cost or 10-20% off the wholesale cost. Benefits may vary between stores.
- Menards: Provides a 10% employee discount, and some stores deduct discounts from your paycheck.
- Walmart: 10% discount on full-price general merchandise, fresh fruit, 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 do not receive an exclusive employee discount for in-store or online purchases.
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.
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.