Lowe’s, being a massive home improvement store has a ton of departments that you can potentially apply with. You’re going to find that stores such as Lowe’s are going to be hiring managers all the time.
If you want to get a job as a manager with Lowe’s, you will probably want know what you’re going to get paid, as well if any bonuses are going to exist. Listed below are salaries that you should expect as a manager.
Store Manager
- Salary: You will work on a salary basis, and your salary will greatly vary. Expect to be paid anywhere from $55,000 to as much as $95,000 a year.
- Bonuses: Bonuses are given out to upper management, depending on a lot of factors such as performance, and more. You can expect to be given bonuses that range from $2,000 to as much as $100,000 yearly.
- Profit Sharing: Lowe’s generally doesn’t deal with profit sharing, when it comes down to any management.
- Stock Options: Stock bonuses are rare, but they are given out from time to time. These can vary greatly, anywhere from $100 to $25,000+ a year.
Department Manager
- Salary: If you’re going to manage a department, you will be paid on an hourly basis. Your pay range will be anywhere from $11 to as much as $23 a hour.
- Bonuses: Department managers can receive bonuses. While they vary, you can get anywhere from $100 to as much as $5,000 on an annual basis.
- Profit Sharing: Lowe’s generally doesn’t deal with profit sharing, when it comes down to any management.
- Stock Options: Stock bonuses are rare with department managers, but they are given out. Expect around $100 to $500+ a year, if you do get them.
Other Manager Positions
- Team Leader: $11 to $17 a hour
- Zone manager: $33,000 to $58,000 a year
- Head Cashier: $11 to $16 a hour
- Operations Manager: $44,000 to $85,000 a year