The Home Depot Severance Package: 2026 Guide
Corporate: 2 weeks per year; store-level varies. Calculate your estimated The Home Depot severance below.
Free Severance Pay Calculator
Estimate your severance package based on your salary, years of service, and industry
What The Home Depot Typically Offers
Known Severance Benefits
- ✓Corporate: tenure-based severance
- ✓Health coverage continuation
- ✓Employee discount continuation
- ✓Career transition support
The Home Depot Recent Layoff History
| Date | Employees | Details |
|---|---|---|
| 2023 | 500 | Technology and corporate office restructuring |
Sources: Atlanta Business Chronicle, Reuters
The Home Depot Severance Tax (Georgia)
The Home Depot is headquartered in Georgia. Here's how severance is taxed there:
Example: A The Home Depot employee with 5 years of service earning $65,000 would receive approximately $6,250 gross ( $4,531 after tax in Georgia).
How The Home Depot Compares to Retail Average
Other Retail Companies
| Company | Formula | Rating |
|---|---|---|
| Walmart | Corporate: 2 weeks/year; Store: minimal or none | Below Average |
| Target Corporation | Corporate: varies by level; HQ roles get better packages | Standard |
| Costco | Above-industry-average; Costco is known for employee treatment | Generous |
| Macy's | 2 weeks per year for corporate; store closing packages vary | Standard |
Negotiating Your The Home Depot Severance
Strategies specific to The Home Depot employees:
- ✓Home Depot corporate roles in Atlanta have structured packages — push beyond the formula
- ✓Negotiate for extended Pro Xtra program access if in B2B roles
- ✓Ask for continued education reimbursement for trade certifications
- ✓Push for extended health coverage given Georgia's limited state protections
Think Your Severance Is Too Low?
Employment lawyers have helped workers negotiate 2-5x their original offers. Get a free consultation.
The Home Depot Severance FAQ
How much severance does The Home Depot pay?▼
The Home Depot typically offers Corporate: 2 weeks per year; store-level varies. Their severance reputation is rated as “Standard” compared to retail industry peers. In recent layoffs (2023), technology and corporate office restructuring.
Can I negotiate my The Home Depot severance?▼
Yes, most severance packages at The Home Depot are negotiable. An employment lawyer experienced in retail can typically negotiate 2-5x the initial offer, especially if there are potential legal claims or WARN Act violations. Many offer free initial consultations.
How is The Home Depot severance taxed?▼
The Home Depot severance is taxed as supplemental wages at 22% federal flat rate plus 5.5% Georgia state tax, for a total of approximately 27.5%. If you work remotely, your state of residence tax rate applies instead.
Related Retail Companies
📋 Free Severance Negotiation Checklist
The exact steps employment lawyers use to negotiate higher severance. Used by 10,000+ employees.