Considered as the most popular home improvement stores in the United States, Home Depot is based at the Atlanta Store Support Center in Cobb County, Georgia. The company has a total of 2,193 stores in the country. In addition, the firm has stores in Puerto Rico, Guam, Virgin Islands and Mexico. As of February 2009, the company has 209,300 employees. To know how much does Home Depot pay an hour, let us look at the hourly pay received by workers based on tenure and position.
How much does Home Depot pay an hour? The salaries given by the company to workers depend on their positions. For instance, those who are working at the stores usually get an estimated hourly pay of $7 to $10. Those who work as kitchen designers commonly get an hourly pay of $10 to $12 while cashiers receive $9.23 an hour. Floor supervisors usually receive $12 to $18 an hour. Assistant managers in the stores usually get an annual pay of around $42,000 to $52,000. As an incentive to assistant managers, the company allows them to get 60 per cent of their annual pay in one paycheck.
In terms of benefits, some of the core benefits that employees at Home Depot get are medical insurance, health savings account, spending accounts, free dental service and free vision service. Aside from these, they also have disability insurance, life insurance as well as accidental death and dismemberment insurance.
When it comes to financial benefits, workers get 401k plan, employee stock purchase plan, direct deposit and credit union. Additionally, they receive legal services plan, long-term care insurance, auto/homeowners insurance as well as veterinary pet insurance. The time-off benefits received by employees include vacation, holidays, personal and sick days, leave of absence, jury duty and bereavement days.
Additional Information and Other Important Details
Based on the financial report posted by the company in February 2009, its revenues reached $71.288 billion while its net income reached $2.260 billion. One of the strategic moves of the firm that contributed a lot to the improved financial performance is its acquisition of Hughes Supply in 2006. Some of the exclusive brands associated with Home Depot are American Craftsman by Andersen, American Woodmark, BEHR Paint, Feather River Doors, Glacier Bay, Thomasville cabinetry and Vigoro. Other house brands available in the stores are Commercial Electric, Eco Options, Hampton Bay, Legacy Doors, Homelite as well as Workforce. To enhance its profits, the company also produces construction toys for Toys R Us.