In the United States, and every other country as well, the amount of time between companies pay their employees differ a lot from company to company. While it might be a regular practice to pay employees every week in countries like Australia, it is also seen as a regularly occurring practice that some countries like Turkey and most of Europe, people get their salary every month. In the United States, while there is a system for how much money one should be paid for a single hour of work, the exact time and regularity the employees are getting are paid change from company to company, state to state. Well, the real question everybody is looking forward to is: does home depot pay weekly? Read more to find out .
Home Depot: Weekly or Biweekly?
Well, the answer is simple. Home Depot pays its employees biweekly. Regarding Home Depot’s rules, the work week starts on Monday and finished on Sunday of the second week. The employees get paid on the following Friday.
Every company has its reasons to design a specific wage and salary plan to figure out how often they are going to be paying their employees. Well, Home Depot has decided on a business model where they will be paying their workers the following Friday after the first week of work that starts on Monday.
How much does Home Depot pay its Employees Biweekly?
Well, the answer changes depending on how many hours the employee has worked for that two-week period. To figure out how much an employee is paid every two weeks, we first need to look at home much they are getting paid hourly.
While it changes from position to position, the average hourly income in Home Depot is $12. A sales associate might earn a bit more than that, around $13 and $14.
If we are looking at the salary per year, on average, the average salary of Home Depot is $21000. That makes $1750 per month. However, don’t forget! Home Depot employees are paid every two weeks, which would, on average, make a biweekly salary of $875.
If we want to look at the highest paying job at Home Depot, we have to look at a particular state, Atlanta, Georgia; in which the company’s HQ is located. The position in the HQ is named Regional Director of Human Resources, which pays $162.000 a year! Not a bad haul!
What is Home Depot
Home Depot is an American company that is a hardware store. Founded in 1978 by Bernie Marcus and Arthur Blank. Starting with a single HQ, the company has now over 2.300 all across North America, that includes Canada, the United States, and Mexico. The company has more than 35.000 products that one can buy through various means.
Known as the world’s largest home improvement retailer, it has 2.316 retail stores all over the continent that have, in total, made $151.2 billion in revenue in 2021. Having around 500.000 associates, the company might have 35.000 products in stores but if you are really picky about what you want to buy, they have over 1 million products you can buy at their online store using all kinds of banks and payment services.
Home Depot vs Other Companies
The minimum wage in the United States changes from state to state; however, the federally mandated minimum wage is 7.25 U.S. dollars per hour. Now, that is the bare minimum an employer can pay an employee in any state; so, it is not a good point of reflection to signify how well Home Depot pays their employees.
Let’s look at other organizations that are similar to Home Depot. For example, Target pays its employees $15 to $24 per hour. That seems better than Home depot. Let’s look at another example. Lowe’s is quite similar to Home Depot in terms of what kind of organization they are. Lowe’s Home Improvement Inc. pays, on average, $13.71 per hour, which is still more than Home Depot.
Walmart pays $12 at a minimum, which is the average salary at Home Depot. So, we can say that Home Depot does not pay as well as other companies, but the decision is yours in the end. You decide for yourself if it is worth it to work at Home Depot.
Conclusion
Home Depot as a company pays their employees, on average, $875 biweekly. Home Depot does not have an option to pay their companies every week or every month. They are set on paying their companies every two weeks, which is somewhat different than other companies in North America.
Frequently Asked Questions
- Does Home Depot pay well?
The decision is yours of course, whether it pays well or not. You can read the “Home Depot vs Other Companies” section of this article to find out how they differ from other companies in the United States in terms of pay.
- Is working at Home Depot difficult?
Depending on your profession when working in Home Depot, it can prove to be a highly demanding job in terms of physicality. People that work in Home Depot seem to agree that they treat associates well, but some other comments say that the pay is not good enough to be working in such a demanding and understaffed environment. Research more and make the decision for yourself!
