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Best Buy

HQ
Minneapolis, Minnesota, USA
Total Offices: 5
85,000 Total Employees
Year Founded: 1966

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Best Buy Benefits Overview

At Best Buy, we help employees live happy, healthy, and productive lives that balance work and home. That’s why we offer you and your loved ones a range of benefits to support your overall well-being: physical, mental, financial and work-life. Whether you’re considering a full-time, part-time, or seasonal role, we have benefits that apply to you.

Compensation + Benefits

Offers 401(K)

Offers disability insurance

Offers charitable contribution matching

Provides 401(K) matching

Offers life insurance

Life, AD&D and short- and long-term disability insurance, health and dependent care flexible spending accounts.

Provides hardship benefits

Provides adoption assistance

Hosts company-sponsored family events

Offers generous parental leave

Provides an onsite Mother's Room

Offers childcare benefits

Provides family medical leave

Provides fertility benefits

Fertility Solutions (FS) benefits include embryo transport, donor ovum and semen, artificial insemination, and more. Employees need to contact an FS case manager to determine a facility prior to use.

Offers dental insurance

Offers health insurance

Medical (including prescription drug coverage, diabetes and hypertension program, virtual physical therapy and second opinion services).

Offers vision insurance

Offers transgender health care benefits

Offers Flexible Spending Account (FSA)

Health and dependent care flexible spending accounts.

Offers pet insurance

Discounts on pet insurance.

Offers mental health benefits

Open and honest conversations, education and access to resources.

Offers employee stock purchase plan

Provides relocation assistance

Offers performance bonuses

Company Culture

Provides commuter benefits

Provides onsite office parking

Has a dedicated diversity and inclusion staff

Has a highly diverse management team

Offers diversity-based Employee Resource Groups

Has a documented equal pay policy

Mandated unconscious bias training

Hiring practices promote diversity

Utilizes a flexible work schedule

Utilizes a hybrid work model

Offers a remote work program

Utilizes an open door policy that encourages accessibility

Implements team-based strategic planning

Hosts in-person all-hands meetings

Open office floor plan to encourage communication and collaboration

Uses an OKR operational model to clearly define goals and priorities

Established employee awards to honor work and contributions

Work-Life Balance + Wellbeing

Offers company-sponsored outings

Provides access to an onsite gym

Provides recreational clubs

Offers Employee Resource Groups

Provides onsite meditation space

Provides opportunities to volunteer in the local community

Partners with nonprofits

Offers wellness programs

Has employee-led culture committees

Offers generous PTO

Provides paid holidays

Provides floating holidays

Offers paid volunteer time

Offers sabbatical leave

Well-being Sabbatical (WBS): Launched in 2024, it offers employees a four-week sabbatical with no pay or partial pay depending on tenure.

Provides bereavement leave

Career Growth + Development

Provides online course subscriptions

Provides tuition reimbursement

Best Buy offers a comprehensive Tuition Assistance Program designed to support full-time and part-time employees in their educational pursuits.

Hosts Lunch and Learns

Provides personal development training

Promote from within

Additional Perks + Benefits

Best Buy's culture is built on inclusivity, collaboration, and continuous learning. The company values diverse thoughts and encourages employees to have a voice throughout their journey, fostering a supportive and empowering environment.

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