{"id":18420,"date":"2020-05-19T15:15:14","date_gmt":"2020-05-19T19:15:14","guid":{"rendered":"https:\/\/www.benefitscanada.com\/news\/home-depot-expanding-paid-time-off-doubling-overtime-pay-146125"},"modified":"2020-05-19T15:15:14","modified_gmt":"2020-05-19T19:15:14","slug":"home-depot-expanding-paid-time-off-doubling-overtime-pay","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2020\/05\/19\/home-depot-expanding-paid-time-off-doubling-overtime-pay\/","title":{"rendered":"Home Depot expanding paid time off, doubling overtime pay"},"content":{"rendered":"<div class=\"alignleft clearfix\">\n<div class=\"wp-caption feature-image alignleft\"> <img decoding=\"async\" loading=\"lazy\" width=\"316\" height=\"190\" src=\"https:\/\/www.benefitscanada.com\/wp-content\/uploads\/2020\/05\/HomeDepot.jpg\" class=\"attachment-feature size-feature wp-post-image\" alt title=\"Home Depot expanding paid time off, doubling overtime pay\"> <\/div>\n<\/p><\/div>\n<p class=\"byline\"> <span>Staff<\/span>&nbsp;|&nbsp;May 19, 2020 <\/p>\n<p>The Home Depot Inc.&nbsp;has taken a number of steps to support its employees during the coronavirus pandemic.<\/p>\n<p>In its annual earnings report, the global home improvement retailer said it expanded paid time off for all hourly&nbsp;workers with additional hours&nbsp;to be used at their discretion, which will be paid out at year-end if not used. It also provided additional paid time off for associates aged 65 and older or deemed to be at higher risk.&nbsp;Hourly workers in its stores and distribution centres received weekly bonuses and double overtime pay. And it extended dependant care benefits and waived related co-pays on the benefits plan.<\/p>\n<p><strong>Read:&nbsp;<a href=\"https:\/\/www.benefitscanada.com\/news\/amazon-extending-increased-hourly-pay-through-may-146106\">Amazon extending increased hourly pay through May<\/a><\/strong><\/p>\n<p>As a result of the actions taken to support employees, the Home Depot incurred a total of about&nbsp;US<span class=\"xn-money\">$850 million<\/span>&nbsp;of pre-tax expense, according to the report.<\/p>\n<p>\u201cAs the COVID-19 pandemic evolved, we anchored to the core values of our company by focusing on two key priorities: working to ensure the safety and well-being of our associates and customers and providing our customers and communities with essential products,\u201d said Craig Menear, the company\u2019s chairman, chief executive officer and president, in a press release.<\/p>\n<p> <a href=\"https:\/\/www.benefitscanada.com\/news\/home-depot-expanding-paid-time-off-doubling-overtime-pay-146125\">Read the full article at BenefitsCanada.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Staff&nbsp;|&nbsp;May 19, 2020 The Home Depot Inc.&nbsp;has taken a number of steps to support its employees during the coronavirus pandemic. In its annual earnings report, the global home improvement retailer said it expanded paid&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/18420"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=18420"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/18420\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=18420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=18420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=18420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}