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Nexudus - Is Your Space Performing?
Home News Workforce

Home Depot Updates Pay Policy For Fairer Wages

Starting Jan. 16, employees will be paid based on their exact time punch, rather than “up or down to the nearest 15 minutes,” according to a spokesperson for the company.

Aayat AlibyAayat Ali
January 12, 2023
in Workforce
Reading Time: 1 min read
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Home Depot Updates Pay Policy For Fairer Wages

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Home Depot is introducing a new pay policy that aims to provide more fair wages.   

Starting Jan. 16, employees will be paid based on their exact time punch, rather than “up or down to the nearest 15 minutes,” according to a spokesperson for the company.   

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The home improvement store has faced multiple lawsuits claiming that paychecks were being rounded down. 

The new policy could serve as a lesson for other retailers, which historically suffer from high turnover rates. By putting forth an attempt to make wages fairer, talent may be more inclined to apply for positions.

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Source: Reuters
Tags: BusinessWorkforce
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Aayat Ali

Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces.

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