Most Popular Benefits
Paid Holidays / Vacation
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Paid Sick Leave
Stock Purchase Plan
Company Store Discount
Retirement & Financial Benefits
Defined Contribution Pension Plan
Health & Insurance Benefits
Temporary Disability Insurance
Long-term Disability Insurance
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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