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Best Buy Overview
Zippia Score 4.8
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Best Buy overview
Best Buy Co., Inc. is an American multinational consumer electronics retailer headquartered in Richfield, Minnesota. It was originally founded by Richard M. Schulze and James Wheeler in 1966 as an audio specialty store called Sound of Music.
The Organization’s Mission
Our formula is simple: we 're a growth company focused on better solving the unmet needs of our customers-and we rely on our employees to solve those puzzles. Thanks for stopping.Industry
Consumer Electronics
Revenue
$39.9B
Employees
125,000
Founded in
1966
Headquarters
Richfield, MN
Website
bestbuy.com
Organization Type
Public
Is This Your Company?
The team at Best Buy
Key People
- Corie Barry (ceo)
The Culture At Best Buy
Information provided by the company
At Best Buy our mission is to leverage the unique talents and passions of our employees to inspire, delight, and enrich the lives our customers through technology and all its possibilities. If you have a passion and curiosity for what is possible and enjoy people, we invite you to join us on this mission.
Show MoreOur mission is to help people pursue their passions and enriches lives through technology. Thanks to our "Renew Blue" initiative, Best Buy has made incredible progress in the last five years, and we're just getting started.
Show MoreWe believe that our company's success depends on the passion and creativity of our amazing employees. To create environments in which our people can fully thrive, we turn to our guiding behaviors: .
Be part of a team that puts people before all else and accounts for what comes next.
If you have a passion and curiosity for what is possible and enjoy people, we invite you to join us on this mission.
Best Buy Reviews
5.0
Zippia User • May 2020
5.0
Zippia User • May 2020What Do You Like About Working There?
With technology consistently changing there was always an opportunity to learn something new, and helping the customer with the best solution.4.0
Zippia User • May 2020
4.0
Zippia User • May 2020What Do You Like About Working There?
Team members, benefits, troubleshooting technology Show More4.0
4.0
What Do You Like About Working There?
Good benefits Show More5.0
Zippia User • March 2020
5.0
Zippia User • March 2020What Do You Like About Working There?
Team work and positive attitude of management and employees Show More5.0
Zippia User • March 2020
5.0
Zippia User • March 2020What Do You Like About Working There?
learned something new everyday Show More1
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Anonymous review of Best Buy
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Best Buy Rankings
Best Buy is ranked #80 on the Best Technology Companies to Work For in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.
- #80 in Best Technology Companies to Work For in America
- #8 in Best Companies to Work For in Minnesota
- #1 in Best Technology Companies to Work For in Minnesota
- #4 in Best Fortune 500 Companies to Work For in Minnesota
- #1 in Best Companies to Work For in Richfield, MN
- #99 in Biggest Companies in America
- #4 in Biggest Companies in Minnesota
Read more about how we rank companies.
Best Buy Salaries
How much does Best Buy pay?
The national average salary for a Best Buy employee in the United States is $61,949 per year. Employees in the top 10 percent can make over $121,000 per year, while employees at the bottom 10 percent earn less than $31,000 per year.High Paying Jobs
Highest Paying Location
Best Buy Salaries By Job Title
The average employee at Best Buy earns a yearly salary of $61,949 per year, but different jobs can earn drastically different salaries. The higher paying positions at Best Buy include Asset Protection Associate, Office Lead, Operation Supervisor, and Senior Operator. A typical Asset Protection Associate salary at Best Buy is $123,358. Some of the other roles at Best Buy are Cashier and Warehouse Worker. A worker with the title Cashier at Best Buy earns an average salary of $30,132 per year.
Title
Average
$119,846
$111,635
Best Buy careers
On average, employees at Best Buy stay with the company for 2.2 years. Employees most commonly join Best Buy after leaving Walmart. When they leave Best Buy, they most frequently get their next job at Walmart.
| Average Length of Employment | |
|---|---|
Staples2.4 years | |
Lowe's2.3 years | |
Best Buy 2.2 years | |
Apple2.0 years | |
| Top Employers Before Best Buy | |
Walmart16.4 % | |
Target9.0 % | |
McDonald's8.2 % | |
Circuit City6.8 % | |
| Show More | |
| Top Employers After Best Buy | |
Walmart10.0 % | |
AT&T9.2 % | |
Target6.8 % | |
The Home Depot6.4 % | |
| Show More |
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Best Buy Financial Performance
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.
Revenue
> $1B
Founded in
1966
Organization type
Public
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Best Buy Subsidiaries
Company
Average Salary
$37,472
Best Buy Competitors
Based on our research, similar companies to Best Buy are Apple, Dell, and HP. The average salaries at Apple rank the highest, with their employees earning an average salary of $103,599 per year. Employees at Dell earn an average of $94,992 per year, and the employees at HP earn an average salary of $88,383 per year.
Company
Average Salary
$103,599
$94,992
$88,383
$84,673
$47,224
$44,668
$44,553
$42,036
$38,310
Frequently Asked Questions about Best Buy
When was Best Buy founded?
Best Buy was founded in 1966.
How many Employees does Best Buy have?
Best Buy has 125,000 employees.
How much money does Best Buy make?
Best Buy generates $39.9B in revenue.
What industry is Best Buy in?
Best Buy is in the consumer electronics industry.
What is Best Buy's mission?
Best Buy's mission statement is "Our formula is simple: we 're a growth company focused on better solving the unmet needs of our customers-and we rely on our employees to solve those puzzles. Thanks for stopping."
What type of company is Best Buy?
Best Buy is a public company.
Who are Best Buy's competitors?
Best Buy competitors include Apple, Staples, Lowe's, Target, Walmart, The Home Depot, Costco Wholesale, Xerox, Amazon, H. H. Gregg, Fry's Electronics, GreatCall, Dell, Sears Holdings, Macy's, HP, J. C. Penney, Kohl's, General Dynamics, IBM.
Who works at Best Buy?
Corie Barry (ceo)
Are you an executive, HR leader, or brand manager at Best Buy?
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You can find out what it is like to work at Best Buy, also known as BEST BUY CO INC, Best Buy, Best Buy Co Inc, Best Buy Co., Inc. and best buy geek squad.
Zippia gives an in-depth look into the details of Best Buy, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Best Buy. The employee data is based on information from people who have self-reported their past or current employments at Best Buy. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Best Buy and its employees or that of Zippia.