The value we place on our talented team of employees is reflected in the outstanding total compensation package we offer. We've tailored our benefits plan to be flexible in nature and comprehensive in scope:

Medical/Dental/Vision/Life Insurance Plans

All full-time employees are eligible to participate in Medical, Dental/Vision, Disability, Basic Life & AD&D and Supplemental Life benefits on the first of the month following 90 days of active service. Part-time employees changing to full-time status are eligible to participate on the first of the month after a minimum of 6 months of part-time service or on the first of the month following 90 days of active full-time service if the employee has less than 6 months of part-time service. Eligible associates may enroll by using the Company's Intranet site or Voice Response system.

401(k) Retirement Savings Plan

All employees are eligible to enroll in the Plan if they are at least 21 years of age and have completed 1,000 hours of active service within a 12 month period. Employees may contribute (pre-tax) 1% - 18% of weekly earnings. Amount of pre-tax savings may be limited based on salary. The Company will match $.50 for every $1.00 contributed up to 6% of their pay. The matching funds are invested in the Office Depot Stock Fund. Employees are eligible to roll over a distribution from a previous employer's Qualified Plan upon hire.

Employee Stock Purchase Plan

All employees who have attained the age of majority in their state are eligible to participate with a weekly payroll deduction from $3.00 to $400.00. Stock is purchased at 85% of fair market value.

Tuition Reimbursement Program

Full-time employees with 6 months of active service and part-time employees with 1 year of service as of the start of the semester are eligible to apply for tuition assistance through the Office Depot Tuition Reimbursement Program. Courses must be job related or required for a business degree.

Disability Income Plan

Full-time employees may participate in both the short and long term disability program the first of the month following 90 days of active service. This plan offers employees the opportunity to receive short and long term salary replacement should they become permanently or temporarily disabled.

Employee Assistance Program

A program of brief counseling and other forms of assistance to employees and their household members suffering from emotional and family problems, substance abuse, etc. is available at no cost to all employees.

Office Depot Employee Discount

On the first day of active service all employees are eligible for a 10% discount off regular priced merchandise in Office Depot retail locations.

Matching Gifts for Education

Office Depot will match an employee's individual contribution of at least $25, to an annual maximum of $10,000 made to a qualifying educational institution that meets the guidelines of the Program.

Matching Gifts for Volunteer Leaders

Office Depot will match an employee's individual contribution of at least $25, to an annual maximum of $5,000, if the employee is a member (i.e. director, trustee) of the governing body of a qualifying non-profit organization.

Grants for Volunteers

Employees who volunteer a minimum of 40 hours (without pay) of their own time during any 6 month period to an eligible organization, may apply for two grants in the amount of $500 each per calendar year. These grants will be donated directly to the organization.

Paid Holidays/Personal/Vacation/Sick Time

Office Depot's corporate office and Call Centers vary from Professional attire to business casual.

Certain positions may be eligible for stock options and cash bonuses.

Continuous Professional Development and Training

Office Depot believes in the continuation of training and developing employees during their careers. We offer a variety of training options (Classroom, Computer Based, Office Depot Interactive and Office Depot Television).

Classroom

Training is ongoing in our various business units with such classes as: Sales Training, Telecenter Training and Operational Training.

We also feature Office Depot University in our corporate offices. ODU is available to all employees and features classes such as:

Computer Software Training: Excel, PowerPoint, Essbase and Access for Beginners, Intermediate and Advanced users.

Supervisory and Management Training: Coaching for Peak Performance, Interviewing Skills, Strategic Team Development.

Professional Development: Maximizing Your Time, Enhancing Your Presentation Skills, Business Writing.

Office Depot Interactive

ODI provides another method for Office Depot employees to receive quality training. Remote sites are connected to our corporate offices by high-speed telephone lines. Using computers, students enter a "virtual training world" that provides many familiar classroom features. Students can see and hear the instructor, raise their hand, ask questions, give feedback, open textbooks and complete assignments. In addition, students can interact with other employees who may be thousands of miles away.

Office Depot Television

Office Depot provides product knowledge for employees, training over 1,000 employees each quarter. Training is transmitted to over 35 cities in U.S. and Canada.