Earning approximately $17.80 per hour on average, Retail Department Managers receive the most money, followed by Sales Specialists ($15.97), Delivery Drivers ($14.23), and Head Cashiers (about $13.30). Near the bottom at Lowe's Home Improvement Inc. are Cashiers, pulling in an average of just around $10.75.
Years of Experience
Average pay is $13.33 per hour for those with five to nine years of experience. When we consider tenure, a substantial portion of employees (45 percent) have been working for one to four years and make around $11.97 per hour on average.
When it comes to location, the highest average paycheck (approximately $15.54 per hour) can be spotted in Houston, Texas; Richmond, Va. (about $14.87), Indianapolis, Ind. ($14.30), and Charlotte, N.C. ($13.97) are the next top-paying cities. On the lower end is Las Vegas, Nev. at $12.19. U.S. pay levels are highest in the state of New York; pay there average to $13.86 per hour.
Certifications and Degrees
Being a Power Equipment Certificate certainly has its perks — salaries approach $17.17 per hour and far exceed the paychecks of those without certification. Lowe's Home Improvement Inc. compensates B.A. in Bachelor of Arts and Science (BASc)-holders the most at approximately $19.05 per hour.
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 around $17.16 per hour. Customer Service is a popular skill in the Lowe's Home Improvement Inc. workforce; the greater part of those surveyed report putting it to use in their jobs. Many workers usually know Cash Handling, Customer Relations, and Sales as well.
Benefits and Perks
Benefits packages do tend to lack paid time off; Lowe's Home Improvement Inc. gives paid vacation days to a quarter of employees and sick leave to one in five respondents. The larger part of employees plan for retirement by taking advantage of the company-sponsored 401(k) program. At Lowe's Home Improvement Inc., a majority of respondents have health insurance, and a majority of survey participants have dental coverage. Perks also include a casual working environment, a stock purchase plan, life insurance, and tuition reimbursement.