The following summary provides an overview of The Home Depot benefits programs. Maximums noted for health and dental in the table are per covered person.
| New Hire Waiting Period | Part-time coverage is based on working an average of 16 hours per week or more over a rolling 90-day period. |
| Eligibility | Associates must average 16 hours per week or more through the eligibility period annually to maintain group benefits coverage. |
| Annual deductible | None |
| Coverage termination | Retirement or Termination |
| Cost | Core – no premium Enhanced – premium based on plan type |
Covered expenses* | Core group benefits plan | Enhanced group benefits plan |
| Hospital | • 50% coverage for semi-private room | • 100% coverage for semi-private room |
| Prescription drugs** | Managed prescription drugs (DTF) • 50% of drugs | Managed prescription drugs (DTF) • 80% of Tier 1 drugs • 60% of Tier 2 drugs |
| Dispensing Fee - covered for reasonable & customary. | Dispensing Fee - covered for reasonable & customary. | |
| Vision care | • Eye exams, 50% up to $50 per 2 calendar years | • 80% coverage • Eye exams, once per 2 calendar years • Prescription glasses / contact lenses, $300 per 2 calendar years |
| Out-of-province/Canada Medical Emergency | • No coverage | • Coinsurance 100% • Lifetime maximum of $5,000,000 • ManuAssist– Included |
Medical supplies and services | 50% | 100% |
| Private duty nursing | 50% up to $10,000 per calendar year | 100% up to $10,000 per calendar year |
| Hearing aids | No coverage | $500 every 5 calendar years |
| Orthopedic appliances | No coverage | 80% - 2 pairs per calendar year |
| Orthopedic shoes | No coverage | 80% - 1 pair per calendar year |
Paramedical practitioners | 50% | 80% |
| Osteopath, Podiatrist, Chiropractor, Naturopath, Massage Therapist, Physiotherapist, Speech Therapist, Acupuncturist | Up to $300 per calendar year for Paramedical and Mental Health practitioners combined | Up to $500 per practitioner per calendar year up to $1,000 |
Mental Health Practitioners***Clinical Counsellor, Marriage and Family Therapist, Psychoanalyst, Social Worker, Psychotherapist and Psychologist | $1,000 per calendar year for all mental health practitioners combined |
| Dental Fee Guide | Current guide for general practitioners and specialists based on province in which services are rendered (same as current coverage) | |
Covered Expenses* | Core group benefits plan | Enhanced group benefits plan |
| Basic and Preventative Services | 50% to a maximum of $300 per calendar year | 100% to a maximum of $2,000 per calendar year combined with Major |
| Dentures and Major restorative services | No coverage | 50% to a maximum of $2,000 per calendar year combined with Basic and Preventative |
| Orthodontics (child and adult) | No coverage | 50% to a lifetime maximum of $1,500 |
Single | Couple (associate plus one) | Family | |
Core | $75 | ||
Enhanced | $75 | $100 | $150 |
| Claims submitted to the Health Care Spending Account are not subject to taxes (except in Quebec). Claims submitted to the Wellness Spending Account will be subject to tax. | |||
| Cost Sharing | 100% Employer Paid |
| Coverage | replaces 66.7% of weekly earnings |
| Qualifying Period | 7 calendar days |
| Maximum Benefit Period | 16 weeks |
| Waiting period | 90 calendar days |
| Taxable to the Employee | Yes |
| Definition of disability | Employee is unable to complete own occupation due to illness or not work-related injury |
| Coverage termination | At retirement or termination |
Insurance Coverages | |
| Business Travel | 1 x annual earnings Maximum: $500,000 |
| Coverage termination | At retirement, termination, or age 70, whichever is earlier |
Home Depot Programs | |
| Tuition Reimbursement | 50% of tuition, registration fees and books for approved courses per calendar year based on group benefits eligibility requirements. • 0 - 3 years of service = $3,000 • 3+ years of service = $5,000 |
| Retirement | Deferred Profit-Sharing Plan (DPSP) • Home Depot contribution • Annual earnings x (3% + discretionary portion) Registered Retirement Savings Plan (RRSP) • Personal contribution |
| Employee Stock Purchase Plan | Personal contribution – 15% stock savings |
| Jury/Witness Duty | Home Depot pays the difference between per diem as juror and regular earnings when employee has jury duty during regular work schedule. |
| Bereavement Leave Paid Benefit **** | Up to 5 paid days, depending on the relationship after 90 days of service: • 5 days: Spouse, child, parents, siblings • 3 days: Grandparent, parent/sibling in-laws, a relative who is dependent on the associate for care or assistance. • 1 day: other close relatives |
| Sick/Family Responsibility Leave Paid Benefit **** | 12 paid hours annually, after 1 year of service British Columbia only – 5 instances |
| Vacation Rate **** | • 2 weeks’ vacation after 1 year (paid at 4% of eligible earnings) • 3 weeks' vacation after 5 years (paid at 6% of eligible earnings) • 4 weeks’ vacation after 10 years (paid at 8% of eligible earnings) • 5 weeks’ vacation after 20 years (paid at 10% of eligible earnings) • Quebec Only: 3 weeks’ vacation after 3 years (paid at 6% of eligible earnings) • Saskatchewan Only: 3 weeks’ vacation after 1 year (paid at 6% of eligible earnings) |
| Float days | 1 shift per year after 1 year of service (based on average hours) |
| * Reasonable and customary limits apply |
| **If you are a Quebec resident, your prescription drug coverage will be subject to and coordinate with RAMQ and other provincial regulations and some coverages are not applicable. |
| *** Contact Manulife to confirm coverage eligible in your province |