Lowe’s Employee Benefits, Discounts and Perks 2023

Lowe’s Employee Benefits, Discounts and Perks 2023

Lowe’s is an American retailer of home improvement based in Mooresville, North Carolina. It was founded in 1921 as North Wilkesboro Hardware by Lucius Smith Lowe in North Carolina.

The home improvement and hardware retailer has over 300,000 employees to run their 2,015 stores.

Lowe’s company provides an extensive range of Lowe’s Employee Benefits and Perks for its full-time and part-time employees, which are explained below.

Lowe’s Benefits and Employee Discounts help the company to retain its hardworking staff.

So, if you’re an employee at Lowe’s Company, read below what addition Lowe’s Employee Benefits and Discounts, you can get working for Lowe’s.

What are Lowe’s Employee Benefits and Perks?

Lowe’s has a whole range of beneficial programs that are very useful for the employees in order to ensure a steady source of income later in the life of the employer’s family.

Lowe’s Employee Benefits Package helps employees with several retirement benefits health and medical benefits to take care of their health, family, finances, and future

Lowe’s Benefits and Employee Discounts help the company to retain its hardworking staff.

Full-Time Benefits

Employees working at Lowe’s at least 39 hours per week become eligibles for  –

• A 401(k) plan
• Health insurance
• Family and medical leave
• Unemployment insurance
• An employee stock purchase plan.

Part-Time Benefits

Employees working at Lowe’s less than 39 hours per week, you are immediately eligible for:

• Life insurance
• Dental care
• Vision care
• Limited vacation
• A limited-benefit health plan

To take advantage of benefits for part-time employees, be sure to enrol in a plan within 31 days from the date of hire.

Health Insurance

Lowe’s Health insurance benefits depend on various factors, including your state, part-time or full-time status.

Full-time employees can expect:

• Life insurance
• Vision insurance
• Dental insurance
• Disability insurance
• Health insurance and flexible spending
• A prescription drug plan.

Most of these benefits should apply to family members.

Financial Benefits

The company offers a variety of financial benefits for its employees and their family members –

• 401(k) plan: A 401(k) plan to begin saving for retirement after 90 days of service, and baseline matching is available after one year of service.
• Vacation: Different amounts of vacation time based on their status of employment & working hours during a week.
• Paid holidays: Full-time employees are paid for eight hours and part-time workers are paid for four.
• Sick paid time off: Employees following 89 days of continuous employment are eligible for paid sick days and can carry over from year to year.
• Child and elder care referral services: Some plans include flexible spending accounts to help employees pay for healthcare for dependents.
• Lowe’s Stock purchase plan

Career and Professional Benefits

Lowe’s provides the following onboarding services and on-the-job training  – 

• Continuing professional education courses
• Tuition reimbursement
• Leadership development workshops
• Scholarship programs to provide financial aid
• Track to the Trades program, which places employees in paid pre-apprenticeships.
• Discounted online university programs for employees pursuing degrees

Lowe’s Customer Service

• Lowe’s email Address: [email protected]
• Lowe’s Benefits Centre: 1-844-HR LOWES (844-475-6937)
• Lowe’s HR customer service: 1-888-HRINFO5 (1-888-474-6365)
  
• The United States Phone Number: +1-312-843-5251
• Lowe’s Official Website

Final words

That was all about Lowe’s employee benefits, perks, and employee discounts, one may get while working at Lowe’s.

I hope you would like this information, and it’s helped you a lot.

But if you have any issues or suggestions regarding this article, feel free to leave a comment. Thanks!

To compare employee benefits for different companies, visit Employeesbenefit.onl.

Lowe’s Employee Benefits FAQ

[sc_fs_multi_faq headline-0=”h2″ question-0=”Do Lowe’s employees get discounts?” answer-0=”Employees receive a 10% discount for Lowe’s products.” image-0=”” headline-1=”h2″ question-1=”Does Lowes offer paid vacation?” answer-1=”Lowe’s provides vacation/paid-time-off for regular full-time and part-time employees, which ranges based on employment type and duration of service.” image-1=”” headline-2=”h2″ question-2=”Can you use your Lowes employee discount online?” answer-2=”Yes, the employee discount can also be used on Lowes.com. You’ll be given an employee discount card which you can use to shop online and score your 10% off.” image-2=”” count=”3″ html=”true” css_class=””]