(01-29-2018 12:18 PM)Marc Mensa Wrote:  The bonus' are a PR stunt that will backfire in a couple of years.

How exactly will they backfire?

(01-29-2018 11:52 AM)BobcatEngineer Wrote:  The only folks who received Home Depot’s one time, $1000 bonus were hourly employees who have worked there for 20+ years.

I’m curious what percentage of Home Depot’s staff meets that criteria.

Just to be clear, all hourly employees at HD will receive a bonus.

Less than 2 years: $200 bonus
2 to 4 years: $250 bonus
5 to 9 years: $300 bonus
10 to 14 years: $400 bonus
15 to 19 years: $750 bonus
20+ years: $1,000 bonus

(01-29-2018 12:34 PM)UofMstateU Wrote:  

(01-29-2018 11:52 AM)BobcatEngineer Wrote:  The only folks who received Home Depot’s one time, $1000 bonus were hourly employees who have worked there for 20+ years.

I’m curious what percentage of Home Depot’s staff meets that criteria.

Just to be clear, all hourly employees at HD will receive a bonus.

Less than 2 years: $200 bonus
2 to 4 years: $250 bonus
5 to 9 years: $300 bonus
10 to 14 years: $400 bonus
15 to 19 years: $750 bonus
20+ years: $1,000 bonus

It amazes me some people are actually mocking folks getting a bonus.

(01-29-2018 12:34 PM)UofMstateU Wrote:  

(01-29-2018 11:52 AM)BobcatEngineer Wrote:  The only folks who received Home Depot’s one time, $1000 bonus were hourly employees who have worked there for 20+ years.

I’m curious what percentage of Home Depot’s staff meets that criteria.

Just to be clear, all hourly employees at HD will receive a bonus.

Less than 2 years: $200 bonus
2 to 4 years: $250 bonus
5 to 9 years: $300 bonus
10 to 14 years: $400 bonus
15 to 19 years: $750 bonus
20+ years: $1,000 bonus

So basically, the majority of HD's retail staff will clear about $150.00 or so on a bonus.

Nicer than nothing, sure; but not morale-changing or anything for them to feel a difference of past this month.

(01-29-2018 02:14 PM)tigergreen Wrote:  

(01-29-2018 12:34 PM)UofMstateU Wrote:  

(01-29-2018 11:52 AM)BobcatEngineer Wrote:  The only folks who received Home Depot’s one time, $1000 bonus were hourly employees who have worked there for 20+ years.

I’m curious what percentage of Home Depot’s staff meets that criteria.

Just to be clear, all hourly employees at HD will receive a bonus.

Less than 2 years: $200 bonus
2 to 4 years: $250 bonus
5 to 9 years: $300 bonus
10 to 14 years: $400 bonus
15 to 19 years: $750 bonus
20+ years: $1,000 bonus

So basically, the majority of HD's retail staff will clear about $150.00 or so on a bonus.

Nicer than nothing, sure; but not morale-changing or anything for them to feel a difference of past this month.

link?

(01-29-2018 02:14 PM)tigergreen Wrote:  

(01-29-2018 12:34 PM)UofMstateU Wrote:  

(01-29-2018 11:52 AM)BobcatEngineer Wrote:  The only folks who received Home Depot’s one time, $1000 bonus were hourly employees who have worked there for 20+ years.

I’m curious what percentage of Home Depot’s staff meets that criteria.

Just to be clear, all hourly employees at HD will receive a bonus.

Less than 2 years: $200 bonus
2 to 4 years: $250 bonus
5 to 9 years: $300 bonus
10 to 14 years: $400 bonus
15 to 19 years: $750 bonus
20+ years: $1,000 bonus

So basically, the majority of HD's retail staff will clear about $150.00 or so on a bonus.

Nicer than nothing, sure; but not morale-changing or anything for them to feel a difference of past this month.

Could make a difference to lots of folks. Pay a cable/phone bill, etc. I guess that's just "crumbs" to the elite though.......

(01-29-2018 02:08 PM)VA49er Wrote:  

(01-29-2018 12:34 PM)UofMstateU Wrote:  

(01-29-2018 11:52 AM)BobcatEngineer Wrote:  The only folks who received Home Depot’s one time, $1000 bonus were hourly employees who have worked there for 20+ years.

I’m curious what percentage of Home Depot’s staff meets that criteria.

Just to be clear, all hourly employees at HD will receive a bonus.

Less than 2 years: $200 bonus
2 to 4 years: $250 bonus
5 to 9 years: $300 bonus
10 to 14 years: $400 bonus
15 to 19 years: $750 bonus
20+ years: $1,000 bonus

It amazes me some people are actually mocking folks getting a bonus.

No one's mocking it; we can just see that a salary increase and/or expanded benefits were the way to go if these companies truly cared about passing down something that will have longer term effects.

Of course, as mentioned before, some of these companies were also laying off employees and closing stores quietly as the big PR push happened with the bonuses.

(01-29-2018 02:16 PM)tigergreen Wrote:  

(01-29-2018 02:08 PM)VA49er Wrote:  

(01-29-2018 12:34 PM)UofMstateU Wrote:  

(01-29-2018 11:52 AM)BobcatEngineer Wrote:  The only folks who received Home Depot’s one time, $1000 bonus were hourly employees who have worked there for 20+ years.

I’m curious what percentage of Home Depot’s staff meets that criteria.

Just to be clear, all hourly employees at HD will receive a bonus.

Less than 2 years: $200 bonus
2 to 4 years: $250 bonus
5 to 9 years: $300 bonus
10 to 14 years: $400 bonus
15 to 19 years: $750 bonus
20+ years: $1,000 bonus

It amazes me some people are actually mocking folks getting a bonus.

No one's mocking it; we can just see that a salary increase and/or expanded benefits were the way to go if these companies truly cared about passing down something that will have longer term effects.

Of course, as mentioned before, some of these companies were also laying off employees and closing stores quietly as the big PR push happened with the bonuses.

HD just announced last year that they were hiring 80,000 people. So no, they werent also "laying off" people.

(01-29-2018 02:15 PM)VA49er Wrote:  

(01-29-2018 02:14 PM)tigergreen Wrote:  

(01-29-2018 12:34 PM)UofMstateU Wrote:  

(01-29-2018 11:52 AM)BobcatEngineer Wrote:  The only folks who received Home Depot’s one time, $1000 bonus were hourly employees who have worked there for 20+ years.

I’m curious what percentage of Home Depot’s staff meets that criteria.

Just to be clear, all hourly employees at HD will receive a bonus.

Less than 2 years: $200 bonus
2 to 4 years: $250 bonus
5 to 9 years: $300 bonus
10 to 14 years: $400 bonus
15 to 19 years: $750 bonus
20+ years: $1,000 bonus

So basically, the majority of HD's retail staff will clear about $150.00 or so on a bonus.

Nicer than nothing, sure; but not morale-changing or anything for them to feel a difference of past this month.

Could make a difference to lots of folks. Pay a cable/phone bill, etc. I guess that's just "crumbs" to the elite though.......

Like I said, better than nothing, but it's not outlook-changing. If you want to spend that $ the right way, give a salary increase or pay for a higher percentage of their benefits as some companies like Starbucks, Amazon & FedEx have.

(01-29-2018 02:18 PM)UofMstateU Wrote:  

(01-29-2018 02:16 PM)tigergreen Wrote:  

(01-29-2018 02:08 PM)VA49er Wrote:  

(01-29-2018 12:34 PM)UofMstateU Wrote:  

(01-29-2018 11:52 AM)BobcatEngineer Wrote:  The only folks who received Home Depot’s one time, $1000 bonus were hourly employees who have worked there for 20+ years.

I’m curious what percentage of Home Depot’s staff meets that criteria.

Just to be clear, all hourly employees at HD will receive a bonus.

Less than 2 years: $200 bonus
2 to 4 years: $250 bonus
5 to 9 years: $300 bonus
10 to 14 years: $400 bonus
15 to 19 years: $750 bonus
20+ years: $1,000 bonus

It amazes me some people are actually mocking folks getting a bonus.

No one's mocking it; we can just see that a salary increase and/or expanded benefits were the way to go if these companies truly cared about passing down something that will have longer term effects.

Of course, as mentioned before, some of these companies were also laying off employees and closing stores quietly as the big PR push happened with the bonuses.

HD just announced last year that they were hiring 80,000 people. So no, they werent also "laying off" people.

Never said they were. Wal-Mart did, actually on the same day.

(01-29-2018 02:19 PM)tigergreen Wrote:  

(01-29-2018 02:15 PM)VA49er Wrote:  

(01-29-2018 02:14 PM)tigergreen Wrote:  

(01-29-2018 12:34 PM)UofMstateU Wrote:  

(01-29-2018 11:52 AM)BobcatEngineer Wrote:  The only folks who received Home Depot’s one time, $1000 bonus were hourly employees who have worked there for 20+ years.

I’m curious what percentage of Home Depot’s staff meets that criteria.

Just to be clear, all hourly employees at HD will receive a bonus.

Less than 2 years: $200 bonus
2 to 4 years: $250 bonus
5 to 9 years: $300 bonus
10 to 14 years: $400 bonus
15 to 19 years: $750 bonus
20+ years: $1,000 bonus

So basically, the majority of HD's retail staff will clear about $150.00 or so on a bonus.

Nicer than nothing, sure; but not morale-changing or anything for them to feel a difference of past this month.

Could make a difference to lots of folks. Pay a cable/phone bill, etc. I guess that's just "crumbs" to the elite though.......

Like I said, better than nothing, but it's not outlook-changing. If you want to spend that $ the right way, give a salary increase or pay for a higher percentage of their benefits as some companies like Starbucks, Amazon & FedEx have.

Must be nice to tell corporations what they should do with money. Who's to say it's just this year? Anyone care to stop and think about that? Instead of jumping off the deep end and harming themselves, they're protecting their bottom line and rewarding employees.

Must be nice to be able to judge and tell others how to spend their money.

(01-29-2018 02:24 PM)gdunn Wrote:  

(01-29-2018 02:19 PM)tigergreen Wrote:  

(01-29-2018 02:15 PM)VA49er Wrote:  

(01-29-2018 02:14 PM)tigergreen Wrote:  

(01-29-2018 12:34 PM)UofMstateU Wrote:  Just to be clear, all hourly employees at HD will receive a bonus.

Less than 2 years: $200 bonus
2 to 4 years: $250 bonus
5 to 9 years: $300 bonus
10 to 14 years: $400 bonus
15 to 19 years: $750 bonus
20+ years: $1,000 bonus

So basically, the majority of HD's retail staff will clear about $150.00 or so on a bonus.

Nicer than nothing, sure; but not morale-changing or anything for them to feel a difference of past this month.

Could make a difference to lots of folks. Pay a cable/phone bill, etc. I guess that's just "crumbs" to the elite though.......

Like I said, better than nothing, but it's not outlook-changing. If you want to spend that $ the right way, give a salary increase or pay for a higher percentage of their benefits as some companies like Starbucks, Amazon & FedEx have.

Must be nice to tell corporations what they should do with money. Who's to say it's just this year? Anyone care to stop and think about that? Instead of jumping off the deep end and harming themselves, they're protecting their bottom line and rewarding employees.

Must be nice to be able to judge and tell others how to spend their money.

That's what this board is for, right? Giving your opinion? Mine is that their employees would be better served by having a salary increase and/or expanded benefits instead of a one-time bonus that is likely smaller for most employees than advertised in their employer's press releases.

You're right that we don't know what these companies will do next year. That doesn't change any of what I stated.

(01-29-2018 03:53 PM)tigergreen Wrote:  

(01-29-2018 02:24 PM)gdunn Wrote:  

(01-29-2018 02:19 PM)tigergreen Wrote:  

(01-29-2018 02:15 PM)VA49er Wrote:  

(01-29-2018 02:14 PM)tigergreen Wrote:  So basically, the majority of HD's retail staff will clear about $150.00 or so on a bonus.

Nicer than nothing, sure; but not morale-changing or anything for them to feel a difference of past this month.

Could make a difference to lots of folks. Pay a cable/phone bill, etc. I guess that's just "crumbs" to the elite though.......

Like I said, better than nothing, but it's not outlook-changing. If you want to spend that $ the right way, give a salary increase or pay for a higher percentage of their benefits as some companies like Starbucks, Amazon & FedEx have.

Must be nice to tell corporations what they should do with money. Who's to say it's just this year? Anyone care to stop and think about that? Instead of jumping off the deep end and harming themselves, they're protecting their bottom line and rewarding employees.

Must be nice to be able to judge and tell others how to spend their money.

That's what this board is for, right? Giving your opinion? Mine is that their employees would be better served by having a salary increase and/or expanded benefits instead of a one-time bonus that is likely smaller for most employees than advertised in their employer's press releases.

You're right that we don't know what these companies will do next year. That doesn't change any of what I stated.

Then start a company and put your money where your mouth is.

(01-29-2018 04:42 PM)UofMstateU Wrote:  

(01-29-2018 03:53 PM)tigergreen Wrote:  

(01-29-2018 02:24 PM)gdunn Wrote:  

(01-29-2018 02:19 PM)tigergreen Wrote:  

(01-29-2018 02:15 PM)VA49er Wrote:  Could make a difference to lots of folks. Pay a cable/phone bill, etc. I guess that's just "crumbs" to the elite though.......

Like I said, better than nothing, but it's not outlook-changing. If you want to spend that $ the right way, give a salary increase or pay for a higher percentage of their benefits as some companies like Starbucks, Amazon & FedEx have.

Must be nice to tell corporations what they should do with money. Who's to say it's just this year? Anyone care to stop and think about that? Instead of jumping off the deep end and harming themselves, they're protecting their bottom line and rewarding employees.

Must be nice to be able to judge and tell others how to spend their money.

That's what this board is for, right? Giving your opinion? Mine is that their employees would be better served by having a salary increase and/or expanded benefits instead of a one-time bonus that is likely smaller for most employees than advertised in their employer's press releases.

You're right that we don't know what these companies will do next year. That doesn't change any of what I stated.

Then start a company and put your money where your mouth is.

I don't have to start a company to give my opinion - that's the beauty of a message board.

It's incredibly frustrating to see the "tax cuts won't mean anything" argument morph into "how come these companies are only giving 'X' to their employees?" and "it's just PR that will bite them in the ass".

Home Depot has nearly 400K employees, so this is probably an outlay of >$100MM or more? I imagine their budget was probably set in Q3 (or at worst early Q4) of 2017, so voluntarily cutting a 9 figure check in January 2018 is a big deal. With the tax expenses and the bonuses they'll reduce earnings by $0.19/share. But they still announced they are looking at other ways to invest in employees and the company in 2018.

(01-29-2018 04:46 PM)tigergreen Wrote:  

(01-29-2018 04:42 PM)UofMstateU Wrote:  

(01-29-2018 03:53 PM)tigergreen Wrote:  

(01-29-2018 02:24 PM)gdunn Wrote:  

(01-29-2018 02:19 PM)tigergreen Wrote:  Like I said, better than nothing, but it's not outlook-changing. If you want to spend that $ the right way, give a salary increase or pay for a higher percentage of their benefits as some companies like Starbucks, Amazon & FedEx have.

Must be nice to tell corporations what they should do with money. Who's to say it's just this year? Anyone care to stop and think about that? Instead of jumping off the deep end and harming themselves, they're protecting their bottom line and rewarding employees.

Must be nice to be able to judge and tell others how to spend their money.

That's what this board is for, right? Giving your opinion? Mine is that their employees would be better served by having a salary increase and/or expanded benefits instead of a one-time bonus that is likely smaller for most employees than advertised in their employer's press releases.

You're right that we don't know what these companies will do next year. That doesn't change any of what I stated.

Then start a company and put your money where your mouth is.

I don't have to start a company to give my opinion - that's the beauty of a message board.

you're right.....but then what when you're still wearing diapers.....

80,000 jobs Home Depot says half are temporary. Spring is like the holiday season for HD. People get all those projects going. The money will be good for those new employees while it last. Would be interesting to see how many of the 40K are made full time when no one is looking.

(01-29-2018 05:36 PM)Mr_XcentricK Wrote:  80,000 jobs Home Depot says half are temporary. Spring is like the holiday season for HD. People get all those projects going. The money will be good for those new employees while it last. Would be interesting to see how many of the 40K are made full time when no one is looking.

I'm sure if one of those isnt made full time, you will be here to bittch about it. So I'll just wait for your update on it.

(01-29-2018 05:36 PM)Mr_XcentricK Wrote:  80,000 jobs Home Depot says half are temporary.

Yikes - didn't catch that. While the numbers are smaller the point still stands: Significant, voluntary outlay of cash and more to follow.

(01-29-2018 05:36 PM)Mr_XcentricK Wrote:  80,000 jobs Home Depot says half are temporary. Spring is like the holiday season for HD. People get all those projects going. The money will be good for those new employees while it last. Would be interesting to see how many of the 40K are made full time when no one is looking.

Worried you won't make the cut?