Full-Time Salaried Contract Associates

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.

Health and Dental

New Hire Waiting Period
None
Eligibility
None
Annual Deductible
None
Coverage Termination
Retirement or Termination

Health (medical)

Covered expenses*

Core group benefits plan

Hospital
Managed prescription drugs (DTF)
• 80% of Tier 1 drugs
• 60% of Tier 2 drugs
Dispensing Fee - covered for reasonable & customary.
Vision care
80%
• Eye exam, once per 2 calendar years
• Prescription glasses / contact lenses, $300 per 2 calendar years
Out-of-province/Canada Medical Emergency
• Coinsurance 100%
• Lifetime maximum of $5,000,000
• ManuAssist– Included

Medical supplies and services

100% unless indicated otherwise
Private duty nursing
$10,000 per calendar year
Hearing aids
$500 every 5 calendar years
Orthopedic appliances
80 % - 2 pairs per calendar year
Orthopedic shoes
80 % - 1 pair per calendar year

Paramedical practitioners

80%

Osteopath, Podiatrist, Chiropractor, Naturopath, Massage Therapist, Physiotherapist, Speech Therapist, Acupuncturist
$500 per practitioner per calendar year up to $1,000 combined

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

Covered Expenses*

Core group benefits plan

Basic and Preventative Services
100% to a maximum of $2,000 per calendar year combined with Major
Dentures and Major restorative services
50% to a maximum of $2,000 per calendar year combined with Basic and Preventative
Orthodontics (child and adult)
50% to a lifetime maximum of $1,500
Dental Fee Guide
Current guide for general practitioners and specialists based on province in which services are rendered (same as current coverage)

Other Benefits

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

Retirement
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 40 hours, depending on the relationship after 90 days of service:
• 40 hours: Spouse, child, parents, siblings
• 24 hours: Grandparent, parent/sibling in-laws, a relative who is dependent on the associate for care or assistance.
• 8 hours: other close relatives
Vacation
Paid out at the end of contract