Lowe’s Benefits Overview

Compensation + Benefits

Offers 401(K)

Offers disability insurance

Provides hardship benefits

Offers supplemental life insurance

Offers accidental death & dismemberment insurance

Provides 401(K) matching

Offers life insurance

Provides free access to retirement planning tools

○ Morgan Stanley at Work ○ Bank of America’s Banking and Investing Program ○ Employee Stock Purchase Plan through E-Trade

Offers occupational accident insurance

Provides adoption assistance

Offers generous parental leave

Provides fertility benefits

Offers eldercare benefits and resources

Provides family medical leave

Provides a post-parental leave return-to-work program

Provides an onsite Mother's Room

Offers company equity

Offers performance bonuses

Provides pay transparency

Defined commission tiers and policy for applicable employees

Offers employee discounts

Offers employee stock purchase plan

Provides relocation assistance

Offers competitive compensation and rewards package

Defined structured pay bands with transparent earning potential

Offers dental insurance

Offers health insurance

Offers vision insurance

Offers Health Savings Account (HSA)

For eligible associates

Offers Flexible Spending Account (FSA)

Offers pet insurance

Offers mental health benefits

Offers dependent care

Through Dependent Care FSA. For eligible associates

Company Culture

Provides commuter benefits

Employees provided with well-designed, comfortable workspace

Offers legal assistance

Provides onsite office parking

Office has designated quiet areas and collaboration zones

Has a dedicated diversity and inclusion staff

Has a documented equal pay policy

Mandated unconscious bias training

Hiring practices promote diversity

Has a diversity manifesto

Has a highly diverse management team

Offers diversity-based Employee Resource Groups

Has a diversity recruitment program

Utilizes a flexible work schedule

Utilizes a hybrid work model

Provides work from home flexibility

Utilizes a 4-day work week model

Offered for select roles in stores.

Flexible work schedule is defined with set expectations for start times, working hours and availability

Utilizes an open door policy that encourages accessibility

Hosts in-person all-hands meetings

Defined values and mission statements

Defined policies promoting a professional, respectful workplace

Prioritizes real-world impact of work in decision-making processes

Promotes a strong in-person office culture

Leadership encourages open, transparent debate

Documented policies and procedures to protect employee privacy and data

Open office floor plan to encourage communication and collaboration

Documented operating principles

Promotes a people-first, social culture

Prioritizes mission-driven work in decision-making processes

Policies promote a low-ego, team-driven culture

Leadership is transparent and communicative

Mistakes are treated as learning opportunities

Quarterly engagement surveys to gauge employee satisfaction

Managers offer consistent feedback loops

Provides modern technology across teams

Employee feedback used to shape policies and strategy

Established employee awards to honor work and contributions

Provides resources to build team camaraderie

Encourages autonomy and ownership from employees

Career Growth + Development

Provides customized development tracks

Documented career progression frameworks

Encourages lateral mobility to expand skills and impact

Promote from within

Documented path to leadership development

Job training & conferences

Hosts Lunch and Learns

Offers apprenticeship programs

Provides structured early-career growth opportunities

Supports employee-driven initiatives, not just top-down priorities

Defines roles and sets expectations for success

Provides formal manager training and leadership development

Offers mentorship program

Provides personal development training

Provides structured onboarding for new employees

Provides opportunities to take on expanding responsibilities

Encourages knowledge sharing and cross-functional collaboration

Provides training support and resources for AI adoption

Work-Life Balance + Wellbeing

Provides opportunities to volunteer in the local community

Offers wellness programs

Offers wellness initiatives designed to combat burnout and mental fatigue

Offers an Employee Assistance Program (EAP)

Partners with nonprofits

Offers Employee Resource Groups

Flexibility provided during personal challenges

Offers gym membership

Offers generous PTO

Provides paid holidays

Provides bereavement leave

Offers paid volunteer time

Provides paid sick days

Provides sick leave

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