Bringing in the most money are Hardware Store Department Managers — their earnings average about $18.60 per hour. Retail Department Managers are a close second at $18.02 along with Sales Specialists (approximately $16.25) and Head Cashiers (around $13.43). Among the lower-paid positions at Lowe's Home Improvement Inc. are Cashiers — the median salary for this role approaches $11.09.
Years of Experience
Those who have five to nine years of work experience see average pay of $13.58 per hour. Broken down by tenure, the largest share of Lowe's Home Improvement Inc. employees (47 percent) have one to four years of experience and earn approximately $12.06 per hour on average.
When it comes to location, the highest average paycheck (about $15.99 per hour) can be spotted in Houston, Texas; Indianapolis, Ind. ($14.41), Richmond, Va. (around $14.39), and Phoenix, Ariz. ($14.35) are the next top-paying cities. High paychecks are not found in Orlando, Fla.; in fact, at $12.38 it is one of the worst-paid cities. Lowe's Home Improvement Inc. workers in New York earn the most — around $13.36 per hour on average.
Certifications and Degrees
Those lacking certification bring in much lower salaries than Power Equipment Certificates, who make approximately $17.75 per hour. Lowe's Home Improvement Inc. provides the highest financial reward to those with a Bachelor of Science in Mechanical Engineering (BSME) — these employees rake in $20.27 per hour.
Employees who count Sales Management among their skills enjoy higher pay; the median for this group is about $17.31 per hour. A skill that is commonly seen around here is Customer Service; the larger part deem it necessary for work. Many workers usually know Customer Relations, Cash Handling, and Sales as well.
Benefits and Perks
Paid time off is in short supply here, with only 23 percent receiving paid vacation and one in six respondents receiving paid sick days. The larger part of survey participants 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 respondents report receiving dental coverage as well. Perks also include a casual working environment, a stock purchase plan, life insurance, and flexible hours.