Lowe's Home Improvement Inc. Benefits

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Most Popular Benefits

Benefit/Perk
Employees
0
749
401(k)
749 employees
Paid Holidays / Vacation
511 employees
Casual Dress/Atmosphere
405 employees
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Paid Sick Leave
404 employees
Life Insurance/Disability
253 employees
Stock Purchase Plan
249 employees
Company Store Discount
176 employees

Benefits Summary

Retirement & Financial Benefits
Profit Sharing
401(k) Plan
Defined Contribution Pension Plan
Health & Insurance Benefits
Health Insurance
Life Insurance
Dental Insurance
Vision Insurance
Temporary Disability Insurance
Prepaid Legal
Long-term Disability Insurance
Severance Pay
Accidental Death & Dismemberment Insurance
Lowe's Home Improvement Inc. provides several options for retirement savings plans and other amenities to promote employee well-being. Many businesses in the United States, like Lowe's Home Improvement Inc., sponsor group health insurance for their employees, through which employers typically pay a considerable portion of their workers' health insurance premiums. In this setup, employers receive tax deductions for their contributions and employees collect the coverage tax-free. Lowe's Home Improvement Inc. offers health, dental, and vision coverage. Lowe's Home Improvement Inc. also provides group life insurance, short-term disability insurance for accidents or illness, long-term disability insurance, and death benefits, which cover certain causes of death. To help ensure a stable money source later in life, a large number of employees depend on employer-sponsored retirement plans. Lowe's Home Improvement Inc. offers defined contribution pension plans. With a defined contribution pension plan, employers help employees save and invest for retirement.

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