Millennials at Lowe's Home Improvement | Comparably
Lowe's Home Improvement Claimed Company
Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 20 million customers a week in the United States and Canada. With fiscal year 2020 sales of nearly $90 billion, Lowe’s and its related businesses operate or service more than 2,200 home improvement and hardware stores and employ over 300,000 associates. Based in Mooresville, N.C., Lowe’s supports the communities it serves through programs focused on creating safe, affordable housing and helping to develop the next generation of skilled trade experts. For more information, visit Lowes.com. read more
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EMPLOYEE
PARTICIPANTS
576
TOTAL
RATINGS
10473

Millennials at Lowe's Home Improvement

Millennials at Lowe's Home Improvement grade their overall culture a D; also rating it 57/100, 7 points lower than Lowe's Home Improvement's overall culture as rated by all 576 employees on Comparably. Millennials are considered more demanding and to have higher expectations than their more experienced colleagues. Three areas millennials working at Lowe's Home Improvement think their company is performing well in are: Team (C), Manager (C+), and Work Culture, (C).

Work Life Balance & Community Outreach at Lowe's Home Improvement

Millennials working at Lowe's Home Improvement and everywhere else are striving for a balanced life. At Lowe's Home Improvement, the majority of employees are satisfied with their work life balance. The average Lowe's Home Improvement employee receives 10-15 paid days off per year, and socializes with their peers never outside of work. See what employees at Lowe's Home Improvement think about their work life balance.

AnswerPercent
Yes55%
No45%
Are you satisfied with your work/life balance?
AnswerPercent
Unlimited3%
20-30 days24%
15-20 days17%
10-15 days33%
0-10 days23%
How much paid vacation and sick days can you take a year?
AnswerPercent
Weekly24%
Monthly9%
Sometimes32%
Infrequently20%
Never15%
How frequently does your company participate in community outreach?

Mentorship and Professional Growth for Millennials at Lowe's Home Improvement

Within Hickory, NC, 38% of millennials shared they have a mentor. At Lowe's Home Improvement, 30% of millennials say they receive mentorship, which leads to the assumption that Lowe's Home Improvement is a great place to work for millennials focused on their professional growth. See what employees think about mentorship and professional growth at Lowe's Home Improvement.

AnswerPercent
Yes30%
No70%
Do you have a mentor at work?
AnswerPercent
Yes37%
No63%
Is your company invested in your career growth?

Sentiment Toward Perks & Benefits at Lowe's Home Improvement

Employees at Lowe's Home Improvement have ranked their perks and benefits in the Top 50% of companies within Hickory, NC and in the Top 50% of similarly-sized companies on Comparably. When asked to estimate how much employees think Lowe's Home Improvement spends on their benefits, the most common answer selected is less than $500/mo. If Lowe's Home Improvement employees had to select additional benefits not already provided it would be gym/health club membership and massage therapy. Learn about perks & benefits at Lowe's Home Improvement.

AnswerPercent
Yes65%
No35%
Are you satisfied with your Benefits?
AnswerPercent
Yes45%
No55%
Do your company's benefits play a part in staying at that company?
AnswerPercent
Paid Time Off12%
Career Training12%
Decision Making36%
Fun Culture18%
Retirement Contribution22%
What Doesn't Your Company Provide, that You Want?

Retaining Millennials at Lowe's Home Improvement

It’s difficult to retain a millennial, and all three aforementioned sections listed bear importance. To recap, Lowe's Home Improvement employees rate their work life balance a B. They do not think highly of Lowe's Home Improvement's professional growth opportunities. Employees have graded Lowe's Home Improvement's perks and benefits a C+. These ratings and reviews lead us to conclude that Lowe's Home Improvement is a suitable company for the millennial workforce. Learn more about Lowe's Home Improvement's efforts to retain employees.

AnswerPercent
Yes78%
No22%
Would you leave your current job for a 20% raise at a different company?
AnswerPercent
Yes46%
No54%
Do Your Company Leaders Do What They Should to Retain You as an Employee?
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