Home Benefits Summaries Full-Time Salaried Associates

Full-Time Salaried 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
Cost	Core – no premium Enhanced – premium based on plan type

Health and Dental

New Hire Waiting Period

None

Eligibility

None

Annual Deductible

None

Coverage Termination

Retirement or Termination

Cost

Core – no premium
Enhanced – premium based on plan type

Health (medical)

Covered expenses*	Core group benefits plan	Enhanced group benefits plan
Hospital	Managed prescription drugs (DTF) • 80% of Tier 1 drugs • 60% of Tier 2 drugs	Managed prescription drugs (DTF) • 90% of Tier 1 drugs • 70% 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	• 100% • Eye exams, once per calendar year • Prescription glasses / contact lenses, $400 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	$25,000 per calendar year
Hearing aids	$500 every 5 calendar years
Orthopedic appliances	80 % - 2 pairs per calendar year	100 % - 2 pairs per calendar year
Orthopedic shoes	80 % - 1 pair per calendar year	100% - 1 pair per calendar year
Paramedical practitioners	80%	100%
Osteopath, Podiatrist, Chiropractor, Naturopath, Massage Therapist, Physiotherapist, Speech Therapist, Acupuncturist	$500 per practitioner per calendar year up to $1,000 combined	$1,500 combined per calendar year
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	$1,000 per calendar year for all mental health practitioners combined

Health (medical)

Covered expenses*

Core group benefits plan

Enhanced group benefits plan

Hospital

Managed prescription drugs (DTF)
• 80% of Tier 1 drugs
• 60% of Tier 2 drugs

Managed prescription drugs (DTF)
• 90% of Tier 1 drugs
• 70% 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

• 100%
• Eye exams, once per calendar year
• Prescription glasses / contact lenses, $400 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

$25,000 per calendar year

Hearing aids

$500 every 5 calendar years

Orthopedic appliances

80 % - 2 pairs per calendar year

100 % - 2 pairs per calendar year

Orthopedic shoes

80 % - 1 pair per calendar year

100% - 1 pair per calendar year

Paramedical practitioners

80%

100%

Osteopath, Podiatrist, Chiropractor, Naturopath, Massage Therapist, Physiotherapist, Speech Therapist, Acupuncturist

$500 per practitioner per calendar year up to $1,000 combined

$1,500 combined per calendar year

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	Enhanced group benefits plan
Basic and Preventative Services	100% to a maximum of $2,000 per calendar year combined with Major	100% to a maximum of $1,500 per calendar year
Dentures and Major restorative services	50% to a maximum of $2,000 per calendar year combined with Basic and Preventative	60% to a maximum of $3,000 per calendar year
Orthodontics (child and adult)	50% to a lifetime maximum of $1,500	50% to a lifetime maximum of $3,000
Dental Fee Guide	Current guide for general practitioners and specialists based on province in which services are rendered (same as current coverage)

Dental

Covered Expenses*

Core group benefits plan

Enhanced group benefits plan

Basic and Preventative Services

100% to a maximum of $2,000 per calendar year combined with Major

100% to a maximum of $1,500 per calendar year

Dentures and Major restorative services

50% to a maximum of $2,000 per calendar year combined with Basic and Preventative

60% to a maximum of $3,000 per calendar year

Orthodontics (child and adult)

50% to a lifetime maximum of $1,500

50% to a lifetime maximum of $3,000

Dental Fee Guide

Current guide for general practitioners and specialists based on province in which services are rendered (same as current coverage)

Spending Account Allowance (Health Care or Wellness)

	Single	Couple (associate plus one)	Family
Core	$150	$270	$430
Enhanced	$225	$400	$625
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.

Spending Account Allowance (Health Care or Wellness)

Single

Couple (associate plus one)

Family

Core

$150

$270

$430

Enhanced

$225

$400

$625

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.

Short Term Disability (STD)

Cost Sharing	100% Employer Paid
Coverage	Years of service	Benefit amount
	3 months to 1 year	• 4 weeks at 100% (full salary) • 12 weeks at 66.67% of regular wages
	1 to 5 years	• 10 weeks at 100% (full salary) • 6 weeks at 66.67% of regular wages
	5+ years	100% full wages
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

Short Term Disability (STD)

Cost Sharing

100% Employer Paid

Coverage

Years of service

Benefit amount

3 months to 1 year

• 4 weeks at 100% (full salary)
• 12 weeks at 66.67% of regular wages

1 to 5 years

• 10 weeks at 100% (full salary)
• 6 weeks at 66.67% of regular wages

5+ years

100% full wages

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

Long Term Disability (LTD)

Cost Sharing	100% Employee Paid
Coverage	Replaces 50% of monthly earnings
Qualifying Period	17 weeks
Maximum Benefit	$10,000 per month
Taxable to the Employee	No
Definition of disability	Employee is unable to complete own occupation for 2 years followed by the inability to complete any other job thereafter
Coverage Termination	Terminates the earliest of 10 years of benefit payments, reaching the age of 65, or retirement

Long Term Disability (LTD)

Cost Sharing

100% Employee Paid

Coverage

Replaces 50% of monthly earnings

Qualifying Period

17 weeks

Maximum Benefit

$10,000 per month

Taxable to the Employee

Definition of disability

Employee is unable to complete own occupation for 2 years followed by the inability to complete any other job thereafter

Coverage Termination

Terminates the earliest of 10 years of benefit payments, reaching the age of 65, or retirement

Other Benefits

Insurance Coverages
Business Travel	1 x annual earnings Maximum: $500,000
Life Insurance	2 x annual earnings Maximum: $1,000,000
Accidental Death & Dismemberment	2 x annual earnings Maximum: $1,000,000
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. • Up to $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 40 hours, depending on the relationship after 90 days of service: • 40 hours: Spouse, child, parents, siblings • 24/30* hours: Grandparent, parent/sibling in-laws, a relative who is dependent on the associate for care or assistance. • 8/10* hours: other close relatives *If associate is working a 4x10 schedule
Sick/Family Responsibility Leave Paid Benefit ****	40 paid hours annually, upon hire
Vacation Rate ****	• 3 weeks’ vacation upon hire (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)
Float Days	Float days after 1 year of service based on provincial stat holidays maximums. No float days for provinces with 10 or more stat holidays.

Other Benefits

Insurance Coverages

Business Travel

1 x annual earnings
Maximum: $500,000

Life Insurance

2 x annual earnings
Maximum: $1,000,000

Accidental Death & Dismemberment

2 x annual earnings
Maximum: $1,000,000

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.
• Up to $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 40 hours, depending on the relationship after 90 days of service:
• 40 hours: Spouse, child, parents, siblings
• 24/30* hours: Grandparent, parent/sibling in-laws, a relative who is dependent on the associate for care or assistance.
• 8/10* hours: other close relatives
*If associate is working a 4x10 schedule

Sick/Family Responsibility Leave Paid Benefit ****

40 paid hours annually, upon hire

Vacation Rate ****

• 3 weeks’ vacation upon hire (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)

Float Days

Float days after 1 year of service based on provincial stat holidays maximums. No float days for provinces with 10 or more stat holidays.

* 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

****If applicable statutory entitlements provide for a greater leave (paid or unpaid), the greater right will be applied. Leaves entitlements (paid or unpaid) as provided above, are inclusive of, and will be deducted from any statutory leave entitlements.

To enroll or make changes to your benefits