Hardware Store Department Managers rake in the most money, with average earnings of $17.99 per hour; Retail Department Managers come in second with average earnings amounting to about $17.99, while Sales Specialists and Head Cashiers rank near the top as well ($15.69 and approximately $13.14, respectively). Sales Associates are among the lowest paid at a median salary of around $10.83.
Years of Experience
For those with five to nine years of experience, average earnings amount to $13.31 per hour. The greater proportion of employees (46 percent) report one to four years of experience and bring home median pay of around $11.88 per hour.
When it comes to location, the highest average paycheck ($16.25 per hour) can be spotted in Phoenix, Ariz.; Houston, Texas (approximately $16.25), Indianapolis, Ind. ($13.87), and Dallas, Texas ($13.47) are the next top-paying cities. On the lower end is Orlando, Fla. at about $12.17. By state, Lowe's Home Improvement Inc. employees make the most in New York, earning approximately $13.43 per hour on average.
Certifications and Degrees
Being a Power Equipment Certificate certainly has its perks — salaries approach $15.93 per hour and far exceed the paychecks of those without certification. Lowe's Home Improvement Inc. workers who hold a B.A. in Bachelor of Arts and Science (BASc) are also well compensated, earning about $19.05 on average.
The highest-paying skill to have in this role seems to be Sales Management; employees claiming this as part of the toolbox earn a median of $17.05 per hour. A common skill in Lowe's Home Improvement Inc.'s work force is Customer Service; a majority of survey participants report using it on the job. Many workers are also familiar with Cash Handling, Customer Relations, and Sales.
Benefits and Perks
Just 22 percent receive paid time off. A 401(k) program is available, and a majority of survey participants use it to save for retirement. A majority of employees have health insurance, and benefits for the larger part of employees also include dental insurance. Other privileges include a casual working environment, a stock purchase plan, life insurance, and flexible hours.