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Lowe’s offers employees a variety of additional benefits, including: |
Flexible Spending Accounts (FSA)
Employee Discounts
Auto and Home Insurance
Hyatt Pre-Paid Legal Services
Direct Deposit
Discounted Auto Purchase Plans
On-Site Corporate Amenities |
| Flexible Spending Accounts (FSA) |
Eligibility: All regular full-time employees after 89 days of continuous employment.
FSA's allow employees to save money on a pre-tax basis to pay for eligible healthcare and dependent care expenses.
The Plan offers two reimbursement account options:
- Healthcare Reimbursement - maximum contribution of $5,000 a year with a minimum contribution of $104 a year, and/or
- Dependent Care Reimbursement - maximum contribution $5,000 (or $2,500 if married filing single) per year with a minimum contribution of $104 per year
The IRS places strict guidelines on this type of plan. One of the most important is the "Use-it-or-Lose-it" rule. Money left in the Plan cannot be rolled over to the next plan year and cannot be paid to the employee. |
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| Employee Discounts |
Eligibility: All employees (full-time, part-time and temporary) first day of employment
Employees may purchase company products at a 10% discount. Purchases must be for the use of the employees, their dependents, or as bona fide gifts. |
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| Auto and Home Insurance |
Eligibility: All regular full-time employees, after 89 days of continuous employment
Lowe's offers a group auto and home insurance program from MetLife Auto and Home. This program provides employees with wide range of policies, including:
Auto, home, condo, mobile home, renter's, boat, landlord's rental dwelling, personal excess liability (umbrella), recreational vehicle and fire insurances. The cost of this insurance may or may not be lower than comparable insurance available on an individual basis. |
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| Hyatt Pre-Paid Legal Services |
Eligibility: All regular full-time employees, after 89 days of continuous employment
Lowe's offers the opportunity to participate in a pre-paid legal plan through Hyatt Legal Plans. Participants have unlimited access to more than 9,000 participating attorneys. Plan attorneys have met stringent selection criteria and have an average of more than 17 years of legal experience. |
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| Direct Deposit |
| The ability to have payroll funds deposited directly into a bank account of your designation is a benefit is available immediately upon hire to all employees. |
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| Discounted Auto Purchase Plans |
| Employees may purchase GM and Ford cars at discounted prices. |
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| On-Site Corporate Amenities |
Employees who work in Lowe's Customer Support Center locations have access to the following:
- On-site ATM
- Laundry and dry cleaning services
- Off-site child daycare arrangements
- Privacy rooms for new mothers
- Health and fitness fairs
- Business casual work environment
- Cafeteria
- On-site jogging/walking trail
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