Salary of home depot store manager: Home Depot Inc. Store Manager Salary

How Much Does Home Depot Pay? (2023 Updated)

When it comes to major home improvement stores, there is no question that Home Depot reigns above all others.

With its expansive inventory, quality products, and knowledgeable staff, it is a one-stop shop for all your renovation needs. If you are like most people, you have probably stepped inside one of their stores at least once in your life. And you have also probably wondered just how much does Home Depot pay its employees? Well, wonder no more! 

That’s why I decided to take an in-depth look at the average salaries of staff members and see what kind of money you could expect to bring in if you worked there. So, let’s find out more…

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Contents

• The History Of Home Depot
  • No slowing down for Home Depot!
• Job Positions At Home Depot
  •  Here are just some of the options to choose from: 
  • Qualifications Needed to Work at Home Depot
  • Career Progression
• How Much Does Home Depot Pay? – What Is The Average Salary?
  • The average salary rates:
• State-By-State Comparison Of Wages
  • How much do under 18’s make?
  • How Much Do Part-Time Workers Make?
• Employee Benefits
  • What Do Employees Think of Their Wages?
• The Pros And Cons
  • Pros
  • Cons
  • How Do Wages Compare to Other Similar Companies?
• Decided To Work In Home Improvement?
• How Much Does Home Depot Pay – Final Thoughts?

The History Of Home Depot

Before we dive into the wages of Home Depot employees, let us first take a quick look at the history of the company. The store was founded in 1978 by Bernie Marcus and Arthur Blank.

 The pair had just been fired from their jobs at a home improvement chain called Handy Dan and decided to start their own business. They borrowed $600,000 from family and friends and opened their first store in Atlanta, Georgia.

No slowing down for Home Depot!

From there, the company rapidly expanded. By 1979, there were already three stores in operation. And by 1984, that number had grown to 30. At the moment, Home Depot is the largest home improvement retailer in the United States, with more than 2,200 stores across the country. And it does not show any signs of slowing down anytime soon!

Job Positions At Home Depot

Home Depot is a large company with a wide variety of job positions.

 Here are just some of the options to choose from: 

• Cashier: This is one of the most entry-level positions. Cashiers are responsible for handling customer transactions and providing excellent customer service.  
• Sales Associate: This role is in charge of helping customers find the products they need and providing excellent customer service. 
• Department Manager: This position is responsible for overseeing a specific department within the store, such as the paint department or the electrical department. 
• Store Manager: Store managers are responsible for overseeing the entire operation of a Home Depot store. 
• District Manager: The highest position in a certain area. District managers oversee multiple stores in a specific region.

Qualifications Needed to Work at Home Depot

The qualifications needed to work at the retailer will depend on the position you are interested in. For entry-level positions, like cashier or sales associate, you will not need any prior experience. However, for managerial positions, like store manager or district manager, you will likely need several years of experience working in retail management.

Career Progression

It is a great idea to look at potential career progression before you apply for any job, and Home Depot is no different. Cashiers and sales associates typically start at minimum wage. From there, they can move up to become department managers. And from there, store managers. 

With enough experience, district managers may eventually be able to oversee multiple stores in a specific region or even work at the corporate office.

How Much Does Home Depot Pay? – What Is The Average Salary?

Now that we have taken a look at some of the job positions and career progression, let’s discuss salaries. The average salary for a Home Depot employee is $12 per hour. However, this number will vary depending on the position you hold. For example, cashiers typically start at minimum wage, while store managers can make upwards of $100,000 per year.

The average salary rates:

• Cashier: As mentioned, cashiers typically start at minimum wage. However, with experience, they can earn up to $15 per hour. 
• Sales Associate: This position typically makes between $10 and $12 per hour.  
• Department Manager: Department managers usually make between $15 and $20 per hour. 
• Store Manager: Although not usually paid by the hour, store managers typically make between $60,000 and $100,000 per year.  
• District Manager: District managers are usually paid a salary plus bonuses. Their salaries can range from $80,000 to $120,000 per year.

State-By-State Comparison Of Wages

In addition to the average salary, it is also important to consider wages by state. After all, the cost of living varies from state to state, so your salary will go further in some states than in others. Here is a look at the average hourly wage for staff members in 12 different states:

• Arkansas: $9.25 
• Colorado: $12.21 
• Florida: $10.44 
• Georgia: $11.13 
• Hawaii: $12.86 
• Idaho: $10.13 
• Illinois: $11.38 
• Indiana: $10.13 
• Kansas: $10.53 
• Texas: $11.35 
• Utah: $10. 58 
• Vermont: $12.17 

How much do under 18’s make?

In most states, the minimum wage for workers under 18 is lower than the minimum wage for adults. At Home Depot, you need to be 16 or over to work there, but you are paid the same as over 18-year-old employees. 

How Much Do Part-Time Workers Make?

Home Depot does not differentiate between part-time and full-time workers when it comes to their pay. All employees are paid the same hourly rate, regardless of whether they work part-time or full-time. Full-time hours are usually around 40 hours per week, but this will vary depending on the store’s needs.

Employee Benefits

What you really want to know about is the perks of being a Home Depot staff member. Does the company offer health insurance? What about paid vacation days? Here is a look at some of the benefits offered to Home Depot employees:

• Health insurance: Full-time workers are eligible for health insurance through the retailer. This includes medical, dental, and vision coverage. 
• Paid vacation days: Employees accrue paid vacation days based on how long they have been employed with the company. After one year of employment, employees are eligible for two weeks of paid vacation. 
• Employee discounts: Staff members receive a discount on both in-store and online purchases. They also receive special pricing on home improvement services, such as painting and flooring. 
• 401(k) retirement savings plan: Full-time employees are eligible to participate in a 401(k) retirement savings plan. The company offers a match of up to 6% of employees’ salaries. 

What Do Employees Think of Their Wages?

Overall, Home Depot employees are happy with their wages. In fact, in a recent survey, 84% of respondents said they were satisfied with their pay. In addition, 80% of respondents said they would recommend Home Depot as a good place to work. They also stated it could be difficult to work there as a first job because of the pace of the job and the large store size.

The Pros And Cons

There are a few pros and cons of working at the home improvement store that are worth considering.

Pros

• The company offers competitive wages and benefits. 
• There is a lot of opportunity for advancement. 
• Employees receive discounts on both in-store and online purchases. 

Cons

• The hours can be long and sometimes irregular. 
• The job can be physically demanding. 
• Also, maybe the job is not suitable for everyone. 

How Do Wages Compare to Other Similar Companies?

When it comes to wages, Home Depot is on par with other similar companies.

 For example, the average hourly wage for Lowe’s employees is $11.33. However, the average hourly wage for Target staff members is around $15. So, as you can see, Home Depot’s wages are right in line with what other similar companies are paying their employees but could be increased.

Decided To Work In Home Improvement?

Well, we can help! If you’re hunting for your very first job, check out How Old Do You Have To Be To Work At Home Depot, and if you make the cut, you’ll need the Home Depot Application and most frequently asked Home Depot Interview Questions to help you prepare. You might also need to know what the Home Depot Dress Code is for your first day!

Target is another great retail store to consider, especially considering the average wage. So, find out what they’re all about with my Target Mission and Vision Statement Analysis, and if you’re happy, then check out my Target Application, the most common Target Interview Questions, as well as How Old Do You Have To Be To Work at Target, and Does Target Pay Weekly before applying.

Lastly, if you have a criminal record, you’ll want to check up on Does Home Depot Hire Felons along with Does Target Hire Felons in 2023.

How Much Does Home Depot Pay – Final Thoughts?

Now that you know how much Home Depot pays, is it a good place to work? Overall, they pay their employee’s competitive wages. If you are looking for a new job or are considering a career change, the retailer is a good option. 

The company offers competitive wages and benefits, and there is a lot of opportunity for advancement. Just keep in mind that the job may not be suitable for everyone, and the hours can be long and irregular. But if you are up for the challenge, Home Depot is a great place to work.

All the very best working at Home Depot!

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How Much Does A Manager Make At Home Depot

Home Depot is one of the largest home improvement retailers in the United States. Being a manager at Home Depot can be a rewarding career, but many people wonder how much a manager makes. In this article, we will explore the salary of a manager at Home Depot, as well as the job requirements and benefits.

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Before we dive into the salary of a Home Depot manager, it’s important to understand the job requirements. A manager at Home Depot is responsible for overseeing the day-to-day operations of the store, including managing employees, handling customer complaints, and ensuring that the store is clean and organized. To become a manager at Home Depot, you typically need a high school diploma or equivalent, as well as several years of retail experience. Some positions may require a college degree in a related field, such as business or management.

The salary of a Home Depot manager can vary depending on several factors, including the size and location of the store, as well as the manager’s level of experience and education. According to Glassdoor, the average salary for a Home Depot store manager is around $90,000 per year. However, this can range from around $60,000 per year for a department manager to over $150,000 per year for a district manager.

It’s important to note that Home Depot also offers bonuses and profit sharing to its managers, which can add to their overall compensation. Additionally, managers at Home Depot receive benefits such as medical and dental insurance, retirement plans, and paid time off.

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What is the starting salary for a manager at Home Depot?

The starting salary for a manager at Home Depot can vary depending on several factors, including experience and location. However, according to Glassdoor, the average starting salary for a store manager is around $60,000 per year.

Do Home Depot managers receive bonuses?

Yes, Home Depot managers are eligible for bonuses based on their store’s performance. Additionally, they may receive profit-sharing bonuses based on the company’s overall performance.

What benefits do Home Depot managers receive?

Home Depot managers receive benefits such as medical and dental insurance, retirement plans, and paid time off.

How much experience do I need to become a manager at Home Depot?

To become a manager at Home Depot, you typically need several years of retail experience. Some positions may require a college degree in a related field, such as business or management.

What is the work schedule like for a Home Depot manager?

The work schedule for a Home Depot manager can vary, but typically involves working a combination of day, evening, and weekend shifts.

Can Home Depot managers work from home?

No, Home Depot managers are required to work on-site at the store.

Do Home Depot managers receive training?

Yes, Home Depot offers training programs for its managers to help them develop their skills and advance in their careers.

What is the career path for a Home Depot manager?

The career path for a Home Depot manager typically involves starting as an entry-level employee and working your way up through the ranks. With experience and education, you can advance to positions such as department manager, assistant store manager, store manager, and district manager.

Being a manager at Home Depot can be a fulfilling and rewarding career. Some of the pros of working as a Home Depot manager include:

• Competitive salary and benefits
• Opportunities for advancement
• Training and development programs
• Working with a diverse group of people

If you’re interested in becoming a manager at Home Depot, here are some tips to help you succeed:

• Gain experience in the retail industry
• Develop your leadership and management skills
• Consider pursuing a degree in business or management
• Be willing to work flexible hours and weekends
• Focus on providing excellent customer service

Home Depot managers are responsible for overseeing the day-to-day operations of the store, including managing employees, handling customer complaints, and ensuring that the store is clean and organized.