Home Depot to Donate $50M to Train Construction Workers

Home Depot to Donate $50M to Train Construction Workers

The Home Depot, the US’s largest home improvement retailer, announced last Thursday that it would donate $50 million to a decade-long project to train 20,000 Americans, including veterans, returning military service members, high school students, and disadvantaged youth, as construction workers, USA Today reported. The donation is part of the company’s corporate social responsibility efforts, but there’s also something in it for Home Depot:

Sales at the nation’s largest home-improvement retailer are dampened if contractors and partners can’t find enough workers to undertake projects. Sales to plumbers and other tradespeople comprise 40% of the company’s revenue, [Home Depot CEO Craig] Menear says. The initiative, he says, also builds on the company’s donation of $250 million through 2020 to provide housing to veterans. Soldiers and veterans will make up about 15,000 of the 20,000 construction workers turned out by the training program.

They could make a noticeable dent in a big problem. There were 158,000 job openings in construction in December, up from 140,000 a year earlier. Eighty-four percent of contractors surveyed by the National Association of Home Builders (NAHB) and Wells Fargo in December cited availability of workers and cost as their most significant problems last year, along with rising materials prices.

The announcement comes at a time when many large US employers are taking high-profile steps toward developing the workforce of the future. Lowe’s, the main competitor to Home Depot, recently announced a partnership with Guild Education to help its employees complete training and apprenticeship programs for skilled trades such as carpentry, plumbing, and appliance repair—fields in which the labor market is expected to face a gap of 500,000 workers by 2026.

Read more

Home Depot Launches Apps to Help It Hire By the Thousands

Home Depot Launches Apps to Help It Hire By the Thousands

Springtime is always a busy season for home improvement and gardening businesses, so the largest of these businesses in the US are embarking on massive hiring sprees to fill tens of thousands of seasonal positions, some of which will turn into permanent roles. The Home Depot, the largest home improvement retailer in the US, plans to hire 80,000 employees for the coming season, while its main competitor Lowe’s is looking for 53,000 workers.

To assist in this massive recruiting drive in the context of a historically tight labor market, Home Depot is launching a series of new technological tools to help it recruit and onboard tens of thousands of new employees as efficiently as possible. In a press release last week, the company described an app that allows candidates who have submitted applications to self-schedule their in-person interviews at their convenience. The press release adds that 80 percent of candidates have used Candidate Self-Service since Home Depot began piloting the app in November:

Candidate Self-Service is the latest in a series of enhancements The Home Depot has made to its application process. Last spring, the company saw a 50 percent increase in candidates after rolling out its 15-minute application, Mobile Apply and Text-to-Apply capabilities.

Read more