Maribel Ochoa
Ms. Swift
Heald College
January 10, 2013
Bernie Marcus, Arthur Blank, Ron Brill, and Pat Farrah. The Home Depot’s proposition was to build home-improvement warehouses, larger than any of their competitors’ facilities. Investment banker Ken Langone helped Marcus and Blank to secure their necessary capitol. In 2007 the Home Depot sold its $13 billion revenue wholesale division, HD Supply, to a consortium of three private equity firms, The Carlyle Group, Bain Capital and Clayton, Dubilier andRice. Home Depot sold their wholesale construction supply business to fund a stock repurchase that estimated at $40 billion.
Best Buy and Home Depots’ share some similarities in health benefits, medical, dental, vision, life insurance, flexible spending accounts just to name a few. Each year, employees have the opportunity to choose the health and insurance benefits that are right for them and their families. Employees have choices-both employers offer programs which provide employees with tools and resources to help achieve health and financial wellness goals. As state in article Forbes Magazine; “Healthy living will help
Employee’s Benefits
Employees don’t have a one size fits all schedule. Many things in their personal lives can actually conflict with the standard 9-to-5 hours, Monday through Friday. Whatever the reason may be, employees appreciate a flexible schedule. There is no set time that flex time must be included, nor are there any legal requirements to offer employees time off. It’s discretion of each business to decide if they offer any time off and what days and hours they are willing to have employees work. Examples of flextime given to employees can include: Monday to Friday, 7 am to 3 pm, Tuesday to Friday 7 am to 5 pm, Wednesday to Sunday, 9 am to 5 pm. It’s important to set a policy which employees and managers must follow. Flextime can be offered to anyone, but it must not discriminate. Employers can limit