The highest average salaries go to Hardware Store Department Managers, who bring in close to around $17.72 per hour, though Retail Department Managers are not far behind at $16.64 along with Sales Specialists (about $15.38) and Head Cashiers ($12.29). With salaries averaging $9.87, Cashiers are among the lowest paid at Lowe's Home Improvement Inc.
When it comes to location, the highest average paycheck (approximately $16.00 per hour) can be spotted in Atlanta, Ga.; Chicago, Ill. ($15.49), Houston, Texas (around $13.85), and San Antonio, Texas (approximately $12.39) are the next top-paying cities. Approaching the lower end of the pay scale (at $9.81) is Greensboro, N.C. Across its U.S. offices, the state of Florida pays Lowe's Home Improvement Inc. the most — about $13.28 per hour on average.
Years of Experience
For those with five to nine years of experience, average earnings amount to $13.14 per hour. The largest slice of the Lowe's Home Improvement Inc. workforce (39 percent) has been working for one to four years and earns, on average, $11.39 per hour.
Certifications and Degrees
Class B Commercial Driver License Holders have significantly higher pay than non-accredited workers at about $15.16 per hour. Lowe's Home Improvement Inc. compensates Bachelor of Science in Marketing & Management-holders the most at $19.82 per hour.
The highest-paying skill to have may be Sales Management; employees who claim proficiency also report a higher average salary of approximately $16.45 per hour. One of the more prevalent skills at Lowe's Home Improvement Inc. is Customer Service, with the greater part considering it a key competency. Cash Handling, Sales, and Customer Relations were also reported by many survey participants.
Benefits and Perks
The benefits packages at Lowe's Home Improvement Inc. can sometimes lack paid time off; 30 percent get paid vacation days, and one in four workers receive paid sick leave. A large number of respondents participate in the company's 401(k) retirement savings plan. Health insurance comes as part of the deal for a majority of employees, and the larger part of survey participants report receiving dental coverage as well. Some other perks are a casual working environment, a stock purchase plan, life insurance, and tuition reimbursement.