Which is better to work for Home Depot or Lowes, which will give additional benefits and foster a positive work environment? These two companies are giants in the retail industry, and it is not a bad idea to know which to go for.
Home Depot, Inc. (HD) and Lowes Companies, Inc. (LOW) have dominated the home improvement retail sector in the United States for many years.
They operate in 2,200 locations with a combined retail space of 100,000 square feet.
Although they target the same audience, they have different branding and supply chain tactics.
Which is better to work for Home Depot or Lowes? Let’s find out!
Which is Better to Work for Home Depot or Lowes?
The major rival of Lowes is Home Depot, and the two businesses compete aggressively for customers and high-profit items.
Your decision to work for either of them is dependent on your personal preferences.
As the largest retailer of home improvement products in the US, Home Depot employs over 300,000 people.
Home Depot workers are less likely to feel mistreated by the management.
They receive pieces of training that will help improve their understanding of the business and their leadership abilities.
The company also provides its staff with several discounts to help them save money.
There are also opportunities to get a full-time job with a reasonable monthly salary.
Their employees earn $15.37 per hour and $31,965 per year, with the highest-paid position earning $120,664 per year.
Other benefits offered by Home Depot include:
- Tuition reimbursement is available to all staff, regardless of their employment status (salaried, full- or part-time).
- Home Depot provides financial aid to all employees in an emergency or family illness
Apart from being their employee, Home Depot offers various ways to make good money.
Meanwhile, Lowe also has an Employee Relief Fund (LERF), which is funded by their associates’ contributions.
With an employee base of over 260,000, Lowes ensures that they properly use the contributions made by their associates for the welfare of their employees.
The LERF funding can be provided under the following circumstances:
- Significant damage caused by fire to an employee’s home or any other property.
- Funeral assistance in the event of an employee’s death.
- Assisting with medical expenses
With all the information stated above, which is better to work for, Home Depot or Lowes? The choice is up to you!
Both companies have good policies and a productive working environment.
You just have to go with anyone that aligns with your purpose.