Home Depot and Lowe’s, the world’s first and second-largest home improvement retailers, have a lot in common. In both the United States and Canada, they compete for the same customer base.
Both businesses are dedicated to enabling seamless customer transitions between online and offline channels. But can you work at Lowes and Home Depot at the same time?
Can You Work at Lowe’s and Home Depot at the Same Time?
No, you can’t work at Lowe’s and Home Depot at the same time. When two chains sell the same products to the same customers, a clause in the employment contract may prohibit you from working for both companies simultaneously.
To learn more about why you can’t work at both Home Depot and Lowes at the same time, as well as which one may be the best choice for you, keep reading…
Differences Between Lowe’s and Home Depot
Home Depot and Lowe’s appear less alike inside their respective stores. The stores of Home Depot have towering shelves with a black and orange color scheme, the tallest of which can only be accessed by forklifts.
The store appears to be geared toward professionals in home improvement, thanks to its industrial aesthetic. The appearance of Lowe’s stores is noticeably different. They frequently have more elaborate floor displays or themed products, such as patio sets or holiday decor items, and they frequently use a blue and white color scheme.
Home Depot and Lowe’s see themselves as competitors for the same customers despite having different brands. Management from both companies divides these customers into two broad categories: professional and retail.
New home improvement customers tend to find Lowe’s less intimidating.
Read: When Does Lowe’s Have Appliance Sales?
Home Depot Advantages
Home Depot’s identity is based on caring for its employees and their families. Home Depot offers a range of benefits to make your life easier, including health and wellness. benefits, legal assistance, and tuition reimbursement. Investigate a few of the choices listed below to see how these advantages might apply to you.
Full-time hourly, part-time hourly, and salaried associates can all participate in benefit plans. Most policies provide coverage for qualifying dependents, including domestic partners of the same gender.
Associates (Full-Time Hourly & Salaried)
- Medical
- Accounts for Spending
- Dental
- Vision
- Insurance for Disability
- Insurance for life
- AD&D (Accidental Death and Dismemberment) Insurance
Financial Advantages
- Employee Stock Purchase Plan FutureBuilder 401(k) Plan (ESPP)
- Bank Incentives and Direct Deposit
- Account for Spending
The Benefits of Time Off
- Vacation
- Holidays
- Personal and Sick Leave
- Unpaid Leave of Absence (including Military Leave)
- Jury Service
- Days of Sorrow
Group Benefits
- Legal Services Plan
- Legal Services Plan
- Insurance for Animals
Read: How To Change Pick-Up Person At Home Depot
Lowe’s Employee Benefits
A company’s employees make it extraordinary, and Lowe’s is no exception. Lowe’s has a strong sense of obligation to ensure they have access to competitive benefits and support their overall wellbeing.
Associate Advantages
- competitive pay
- Health, dental, and vision insurance
- Disability and life insurance
- Paid time off, such as for holidays, vacations, illness, and volunteer work
- Spending discretion and wellbeing
- Savings institutions
- Account for retirement (401(k))
- Employee Assistance Program
- With a concierge, work/life services, and free counseling for all needs
- programs to support education,
- includes financial aid for tuition
- trade-related scholarships
- Insurance for business travel accidents
- Parental and maternity leaves
- adoption support
- Associate discount at Lowe’s
Lowe’s or Home Depot: Which Is a Better Business?
According to Comparably, which bases its rankings on customer feedback, Home Depot is ranked #85 in the Top 100, while Lowe’s is ranked #127 in the Global Top 1000 Brands.
Home Depot had annual sales of more than 151 billion dollars in 2021, while Lowe’s, its main rival, had sales of more than 96 billion dollars.
Home Depot receives the highest ratings for culture, while Lowe’s Home Improvement receives the highest ratings for pay and benefits.
Read: Does Home Depot Take Checks?
Can You Work at Lowe’s and Home Depot at the Same Time?
Technically, yes, but if either company finds out you’ll likely be discharged. During onboarding, both companies will notify you that you must notify them if you accept a job with a competitor. You cannot work for both simultaneously.
The home improvement market is crowded with competitors. Home Depot competes directly with Lowe’s. People would love to work for both companies.
Conflict of interests is a serious issue that, if not disclosed, could result in termination. The issue being a concern that your loyalty to one company will outweigh your loyalty to the other, allowing you to shift business to the competitor.
Is Lowe’s More Expansive Than Home Depot?
Lowe’s may have the advantage in seniority and square footage, but Home Depot is the clear leader in revenue and sales.
According to Statista, this revenue trend serves as a long-term differentiator between the two brands. Home Depot had $132.11 billion in sales in 2020, while Lowe’s had $89.6 billion.
Read: Will Home Depot Sell Display Models?
Is There a Christmas Bonus at Lowe’s?
All hourly employees at Lowe’s stores, distribution centers, and call centers will receive a bonus on November 13 to “assist customers in preparing their homes for holiday celebrations,” according to a release from the company.
Full-time hourly employees will receive $300, while part-time or seasonal workers will receive $150.
What Benefits Do Home Depot Employees Receive?
Vacation, holidays, sick and personal days, leave of absence, jury duty, and bereavement days are all available to hourly employees who need time off.
Read: Does Home Depot Take Old Water Heaters?
Is There a Holiday Bonus at Home Depot?
They do provide holiday pay. The restaurant is open every day except for Christmas and Thanksgiving.
Bottom Line
Home Depot and Lowe’s both provide associates with the option of selecting plans and programs that meet individual and family needs through their total value.
You cannot, however, work for both Home Depot and Lowes at the same time.