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Home Depot salaries: From sales rep to CEO

Dominic Diongson
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⚡ Quantum Brief
CEO Ted Decker earned $16.19 million in fiscal 2025, including a $1.4 million base salary, with stock awards comprising most of his compensation. The pay ratio between Decker and the median employee dropped to 427:1 from 511:1 in 2020. Median employee compensation at Home Depot was $37,881 in 2025, based on hourly U.S. associates’ pay, far below Nvidia’s median of $300,000. The company’s 472,400 employees are primarily hourly retail workers. Hourly wages for entry roles like sales associates start at $19.50 in New York City, equating to ~$40,560 annually—below the U.S. median salary. Home Depot lists nearly 19,000 open positions across retail and corporate roles. Over 90% of U.S. store leaders began as hourly associates, reflecting internal promotion focus. The company offers stock purchase programs and increased equity awards for managers in 2025. Early stock incentives turned some associates into millionaires; a 1981 $10,000 investment would now be worth $168 million. Benefits include training, career advancement tools, and performance-based incentives.
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Home Depot salaries: From sales rep to CEO

Home Depot is the biggest retailer by market capitalization, and its share price reflects the rise in earnings over the years. While the company rewards its C-suite executives handsomely for meeting internal targets, it also pays attention to its frontline workers in its retail stores.Here’s who gets paid the most at Home Depot and what the median compensation among employees is.Who are Home Depot’s highest-paid executives?Home Depot’s top executives were among the highest-paid employees in fiscal 2025 as the retailer continued to post strong earnings and meet company targets. CEO Ted Decker had a base salary of $1.4 billion, but stock options and cash awards lifted his total compensation to $16.19 million. Among executive vice presidents, Ann-Marie Campbell, who oversees U.S. stores, had a salary of $1 million, but her total compensation was seven times that amount. Executive2025 SalaryTotal compensationEdward P. Decker, Chair, President, and CEO$1,400,000$16,191,127Richard V. McPhail, EVP, and CFO$971,923$6,224,296Ann-Marie Campbell, Senior EVP, U.S. Stores$1,053,769$7,452,600William D. Bastek, EVP, Merchandising$788,462$5,383,781Jordan Broggi, EVP, Customer Experience, and President, Online$730,769$4,716,130Hector A. Padilla, former EVP for U.S. Stores and Operations (served until September 12, 2025)$452,012$6,418,376Fahim Siddiqui, former EVP and Chief Information Officer ( served until May 29, 2025)$228,227$5,640,440Related: How many employees does Home Depot have?What is Home Depot’s median compensation & CEO pay ratio?Home Depot’s median compensation, which includes salary and stock awards, was $37,881 in fiscal 2025. That was based on the hourly pay of an associate in the U.S. Decker’s compensation as CEO amounted to $16.19 million, which puts the company's CEO pay ratio at 427 to 1. This pay ratio is down from five years earlier. Its CEO-to-median-employee pay ratio was 511 to 1 in fiscal 2020, when CEO compensation was almost $14 million, and the median was $27,389.By comparison, at Nvidia, where the media employee compensation was much higher at around $300,000, the CEO pay ratio was 166 to 1 in fiscal 2025.How much do Home Depot’s associates make?Home Depot generally refers to its employees as associates, whether they work on the floor at its stores or in an office at the company’s corporate headquarters in Atlanta, Georgia. The retailer had about 472,400 associates at the end of fiscal 2025, but the majority work in the company’s 2,359 stores and are paid hourly. Related: Home Depot's Atlanta headquarters: Everything you need to knowOn Home Depot’s careers page on its website, as of mid-April 2026, there were almost 19,000 job listings for various roles in departments including customer service/sales, distribution center and warehouse, merchandising, and support.In Glendale, New York, which is part of Queens, a listing for customer service/sales associate put the hourly rate at $19.50. (The minimum wage in New York City is $17 an hour.) Based on a 40-hour workweek, this hourly rate would translate to around $40,560 annually.That would put it below the median annual salary of $62,608 in the U.S. according to Bureau of Labor Statistics data.More on Home Depot:Home Depot over the years: A complete history of America's biggest hardware storeHow much does Home Depot pay in dividends? Yield & payouts explainedHome Depot’s stock split history: What you need to knowDoes Home Depot promote from within?Home Depot says that more than 90% of its U.S. store leaders started their careers at the company as hourly associates. That suggests there are opportunities to climb Home Depot’s corporate ladder, so to speak. The retailer says it provides “associates with training, tools, and optimized processes to empower them to drive sales and with meaningful career advancement opportunities.” Related: How many stores does Home Depot have? The hardware giant's global footprintHow are Home Depot's employees compensated?Beyond base pay, the home improvement retailer provides benefits and incentives to retain its associates, including an employee stock purchase program. For those in management positions, Home Depot said it increased equity awards to its field leadership, including store managers and assistant store managers, in fiscal 2025. In its early years, as sales and earnings increased, so did Home Depot’s stock price. Stock incentive programs turned some associates into millionaires. A $10,000 investment on the first day of trading in 1981 would have returned $168 million as of mid-April 2026. Related: Home Depot’s stock split history: What you need to know

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