Lowe’s Companies utilizes Job Family Structures to define separate job grades and pay structures for employees. The job families are defined around business support functions, including IT, Finance, HR, Merchandising and Marketing, and Distribution, among others. Other organizations could have fewer job families, but Lowe’s chooses to provide a greater level of granularity by having more job families. This allows Lowe’s to provide independent pay structures for each job family.
Each job family is divided into approximately 7 – 9 levels. The number of levels vary among job families and are based on the skills and responsibilities required at each level. The levels determine the job grades, which define, amongst other, salary, benefits,
Each job family is divided into approximately 7 – 9 levels. The number of levels vary among job families and are based on the skills and responsibilities required at each level. The levels determine the job grades, which define, amongst other, salary, benefits,