Does Big Lots Pay Weekly in 2024? Everything Employees Need to Know

ByCharles Scott Last Update on

As one of the largest broadline discount retailers in the United States, Big Lots employs thousands across its over 1,400 store locations. With so many relying on Big Lots for their income, employees naturally want to understand when and how often they can expect to be paid.

So does Big Lots pay weekly? Here is a detailed overview of Big Lots‘ pay schedule and policies for 2024.

When Do Big Lots Employees Get Paid?

The vast majority of Big Lots employees are paid on a weekly basis. Payday falls on Friday, when weekly paychecks are distributed. This weekly pay schedule is consistent across Big Lots locations.

However, there is an exception for newly hired employees. New staff members will not receive their first paycheck until their second Friday of employment. This allows time for paperwork processing and payroll setup. After the first check, weekly pay resumes as normal.

A Look at Typical Big Lots Hourly Wages

Employee compensation at Big Lots varies depending on role and experience. Here are the typical hourly wages for some common store positions:

  • Cashiers: $10 – $12 per hour
  • Stockers: $9 – $12 per hour
  • Customer Service: $10 – $13 per hour
  • Sales Associates: $10 – $14 per hour
  • Assistant Store Managers: $14 – $19 per hour

Higher level roles like Store Managers are generally salaried positions. The average annual salary for a Big Lots Store Manager ranges from $40,000 – $60,000.

Big Lots also provides annual pay raises to employees based on performance and tenure. The average raise is approximately 2-3%, but top performers may see increases up to 5%.

Accessing Earnings Early with DailyPay

In 2021, Big Lots rolled out a new DailyPay option that gives employees early access to their earned wages. Through a partnership with financial technology company DailyPay, Big Lots staff can now transfer earnings to their bank account each day.

With DailyPay, funds from daily shifts are instantly available to employees. There are no waiting periods or limitations on how often funds can be accessed. However, transaction fees may apply for each transfer.

Pay Schedule FAQs

Here are answers to some frequently asked questions about Big Lots‘ pay schedule:

Are employees paid biweekly?
No, Big Lots utilizes a weekly pay schedule only.

How long do employees wait for their first check?
New hires receive their first paycheck on their second Friday of employment.

What time are paychecks available on Fridays?
Check with your store, as paycheck distribution procedures can vary by location.

Can employees opt for direct deposit?
Yes, Big Lots encourages employees to enroll in direct deposit to receive funds immediately on payday.

How Big Lots‘ Pay Compares to Other Retailers

Compared to other discount retailers like Dollar General and Dollar Tree, Big Lots offers competitive compensation. Their hourly wages tend to be $1-3 higher than competitors for entry level positions.

In terms of pay schedule, Big Lots mirrors most major retailers in following a standard weekly payroll. Regional grocers like Kroger and retail giants like Target and Walmart also disburse paychecks each Friday.

The Pros of a Weekly Pay Cycle

For many retail employees living paycheck to paycheck, weekly pay has advantages over biweekly pay periods.

  • Better budgeting: Smaller, more frequent pay allows for better tracking of income and expenses.
  • Less waiting: Workers don‘t have to go an entire two weeks without earnings.
  • Motivation: Weekly pay and instant options like DailyPay provide a sense of accomplishment.

The weekly cycle gives Big Lots workers flexibility and convenience when it comes to managing their finances. Between standard payroll and DailyPay, employees have access to money when they need it.

Is a Big Lots Job Right for You?

Big Lots offers not only weekly paychecks, but also employee discounts, growth opportunities, and a supportive company culture. If you‘re seeking an affordable and rewarding retail job, Big Lots has a lot to offer. Understanding the pay policies is an important first step!

Charles Scott is a dynamic professional whose academic and career achievements demonstrate a strong commitment to excellence in the retail and consumer service industry. Graduating with an MBA from New York University in 2013, Charles has built a diverse and impressive career portfolio. He has held significant roles as a manager, advisor, and marketer, showcasing his multifaceted skills and deep understanding of the industry.

Beyond his direct professional engagements, Charles has made a notable mark as the head writer and founder of ExpertBeacon.com. This platform stands as a testament to his dedication to consumer empowerment and education. ExpertBeacon.com is a resource designed to assist consumers in addressing their persistent questions about products, services, and companies. Under Charles's leadership, the site provides in-depth, well-researched, and accurate information, all structured in easy-to-follow guides and articles. His work here not only highlights his expertise in the field but also his commitment to providing valuable, actionable information to the public.

Charles's approach is centered on a keen understanding of consumer needs and market dynamics, making him a respected voice in the industry. His contributions through ExpertBeacon.com and his professional roles reflect a blend of strategic thinking, practical knowledge, and a genuine desire to enhance consumer experiences in the retail and consumer service sectors.

Similar Posts