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Best Buy Overview

Chain retailer with a large array of brand-name electronics, computers, appliances & more.
The staff at Best Buy come from unusually diverse demographic backgrounds. The company is 32.8% female and 40.3% ethnic minorities. Even though it has great demographic diversity, Best Buy notably lacks in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 77.2%. Despite having coworkers who agree with each other about politics, employees at Best Buy tend to have relatively short tenures. Staff members usually stay with the company for 2.2 years. The average employee at Best Buy makes $42,073 per year, which is competitive for its industry and location. Some of its highest paying competitors, Staples, Office Depot, and H. H. Gregg, pay $44,503, $42,767, and $41,499, respectively.
Best Buy is an industry leader with 125,000 employees and an annual revenue of $39.9B that is headquartered in Minnesota.

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

Electronics Store

Revenue

$39.9B

Employees

125,000

Founded in

1966

Headquarters

Richfield, MN

Website

www.bbypathtoexcellence.com

Organization Type

Public

Is This Your Company?

The Team At Best Buy

Key People
  • Mike Mohan (President and COO)
  • Corie Barry (ceo)
  • Hubert Joly (Executive Chairman)

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.
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Our 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.
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We 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.
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Best Buy Reviews

Zippia Official Logo

3.0

Zippia UserMarch 2021

3.0

Zippia Official LogoZippia UserMarch 2021

What Do You Like About Working There?

Being able to work with customers Show More

What DON'T You Like About Working There?

Highschool like work environment Show More

What Are Your Favorite Benefits/Perks?

401k matching for part time Show More
Zippia Official Logo

5.0

Zippia UserMarch 2021

5.0

Zippia Official LogoZippia UserMarch 2021

What Do You Like About Working There?

Great Manager, fun co-workers, Engaged customers Show More

What Are Your Favorite Benefits/Perks?

Employee focused incentive discounts Show More
Zippia Official Logo

4.0

Zippia UserDecember 2020

4.0

Zippia Official LogoZippia UserDecember 2020

What Do You Like About Working There?

Great people there, very friendly some amazing benifits Show More

What DON'T You Like About Working There?

Being a seasonal employee means you arent guarantied hours so you could work a full 2 weeks then none for the next 2 and leaves large gaps in income Show More

What Are Your Favorite Benefits/Perks?

Free food on holidays like black friday and others Show More
Zippia Official Logo

4.0

Zippia UserDecember 2020

4.0

Zippia Official LogoZippia UserDecember 2020

What Do You Like About Working There?

Smart people, innovative thinking, consumer focused Show More

What DON'T You Like About Working There?

Limited room for growth Show More

What Are Your Favorite Benefits/Perks?

Culture based benefits Show More
Zippia Official Logo

3.0

Zippia UserDecember 2020

3.0

Zippia Official LogoZippia UserDecember 2020

What Do You Like About Working There?

Environment and the people you meet Show More

What DON'T You Like About Working There?

The company doesn't care about its employees and focuses solely and meeting profit goals. Show More

What Are Your Favorite Benefits/Perks?

Employee discount Show More
Anonymous review of Best Buy

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Best Buy Rankings

Best Buy is ranked #56 on the Best Retail 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.

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 $42,073 per year. Employees in the top 10 percent can make over $79,000 per year, while employees at the bottom 10 percent earn less than $22,000 per year.
9.4
Salary Score
Average Employee Earnings

Best Buy Salaries By Job Title

The average employee at Best Buy earns a yearly salary of $42,073 per year, but different jobs can earn drastically different salaries. Some of the positions that earn high wages at Best Buy include operations manager, office lead, team leader, and front end lead. A typical operations manager salary at Best Buy is $117,596 per year. To get a better sense of the salaries at Best Buy, other roles such as customer service specialist and customer service representative can be considered as well. For comparison, the title customer service specialist at Best Buy earns $27,953 per year.
Job Title
Title
ascdesc
Average Salarydesc
Operations Manager
Salary Range105k - 130k$118k$117,596
Office Lead
Salary Range98k - 118k$108k$108,165
Team Leader
Salary Range75k - 88k$82k$81,847
Front End Lead
Salary Range70k - 90k$80k$79,975
Operation Supervisor
Salary Range71k - 86k$78k$78,439
Sales Consultant
Salary Range47k - 65k$56k$55,817
Assistant Manager
Salary Range45k - 50k$48k$47,854
Senior Operator
Salary Range44k - 50k$47k$47,431
Department Supervisor
Salary Range42k - 47k$44k$44,435
Wireless Consultant
Salary Range41k - 46k$44k$44,070
$28k
$130k

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

Staples
2.5 years
Walmart
2.2 years
Best Buy
2.2 years

Top Employers Before Best Buy

Walmart
16.5 %
Target
9.0 %

Top Employers After Best Buy

Walmart
9.8 %
AT&T
9.1 %
Target
6.7 %

Best Buy Employee Demographics

9.4
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

Best Buy Employees Education

Of the 125,000 employees at Best Buy, 8.2% attended Northern Virginia Community College. Employees at Best Buy most frequently majored in Business, and most employees’ highest level of education is a Bachelors.

Do you Work At Best Buy?

Help us make this company more transparent.

Best Buy Employee Political Affiliation

Best Buy employees are most likely to be members of the Democratic Party. The largest donation made to a political party by a Best Buy employee was by Richard Schulze. Richard Schulze donated $145,100 to the Republican Party.

Employee Political Donations

NameascdescJob TitleascdescPartyascdescDonationascdesc
Richard SchulzeExecutive
Richard Schulze
Executive
Executive
Republican Party
Republican Party
$145,100Republican Party
$145,100
Hubert JolyPresident/Chief Executive Officer
Hubert Joly
President/Chief Executive Officer
President/Chief Executive Officer
Democratic Party
Democratic Party
$64,200Democratic Party
$64,200
Bradbury AndersonChief Executive Officer
Bradbury Anderson
Chief Executive Officer
Chief Executive Officer
Republican Party
Republican Party
$47,600Republican Party
$47,600
Laura BishopVice President
Laura Bishop
Vice President
Vice President
Democratic Party
Democratic Party
$17,160Democratic Party
$17,160
Anne PerriTreasurer
Anne Perri
Treasurer
Treasurer
Republican Party
Republican Party
$14,850Republican Party
$14,850
Keith NelsenAttorney General
Keith Nelsen
Attorney General
Attorney General
Republican Party
Republican Party
$7,800Republican Party
$7,800
Suzan McGinnisBusiness Office Director
Suzan McGinnis
Business Office Director
Business Office Director
Democratic Party
Democratic Party
$6,400Democratic Party
$6,400
Paula PrahlSenior Vice President
Paula Prahl
Senior Vice President
Senior Vice President
Democratic Party
Democratic Party
$5,800Democratic Party
$5,800
Sohrab ShojanezhadTechnician
Sohrab Shojanezhad
Technician
Technician
Republican Party
Republican Party
$5,750Republican Party
$5,750
Timothy PerriOwner
Timothy Perri
Owner
Owner
Republican Party
Republican Party
$5,700Republican Party
$5,700
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Best Buy Financial Performance

9.9
Performance Score
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

How Would You Rate The Company Culture Of Best Buy?

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Best Buy Subsidiaries

Subsidiaries to Best Buy include GreatCall. Employees at the parent company, Best Buy, earn $42,073 whereas employees at GreatCall earn $39,226, on average.
Company
ascdesc
Average Salarydesc
GreatCall
Salary Range26k - 57k$39k$39,226
$26k
$57k

Best Buy Competitors

Competitors of Best Buy include Staples, Office Depot, and H. H. Gregg. The average salaries at Staples rank the highest, with their employees earning an average salary of $44,503 per year. The salaries at Office Depot average $42,767 per year, and the salaries at H. H. Gregg come in at $41,499 per year.
Companydesc
Average Salarydesc
Staples
Salary Range30k - 64k$45k$44,503
Office Depot
Salary Range28k - 63k$43k$42,767

H. H. Gregg

Salary Range30k - 56k$41k$41,499
Nordstrom
Salary Range28k - 59k$41k$41,024
Dillard's
Salary Range24k - 55k$37k$37,094
Dollar General
Salary Range25k - 53k$37k$36,754
Target
Salary Range24k - 54k$37k$36,681
Macy's
Salary Range26k - 50k$36k$36,491
Gap
Salary Range23k - 52k$35k$35,222
Sears Holdings
Salary Range24k - 48k$35k$34,814
$22k
$64k

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 electronics store 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 Staples, Walmart, Costco Wholesale, H. H. Gregg, Macy's, J. C. Penney, Sears Holdings, Nordstrom, The Home Depot, Office Depot, Dillard's, Lowe's, Gap, Target, Ross Stores, Toys R Us, Fry's Electronics, Dick's Sporting Goods, Dollar General, Kohl's.

Who works at Best Buy?

Mike Mohan (President and COO)

Corie Barry (ceo)

Hubert Joly (Executive Chairman)

Are You An Executive, HR Leader, Or Brand Manager At Best Buy?

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Updated December 31, 2020

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.

Best Buy may also be known as or be related to BEST BUY CO INC, Best Buy, Best Buy Co Inc, Best Buy Co. Inc., Best Buy Co., Inc. and best buy geek squad.