Best Buy Co., Inc. is one of the most significant technology products, services, and solutions. The company offers the products and services through physical stores, engagement with Geek Squad agents, or online through Websites and smartphone applications. Its operations expand over three major countries, namely United States, Canada, and Mexico. The operation segments into two divisions which are Domestic and International. Here, the Domestic division covers the services provided in all the states, districts, and territories of the United States of America. They occur under several brand names of Best Buy, bestbuy.com, Best Buy Mobile, Best Buy Direct, Best Buy Express, Geek Squad, Magnolia Home Theater, Pacific Kitchen, and Home. The question of the day- Does Best Buy Pay Weekly?
On the other hand, the international division refers to all the services operate in Canada and Mexico. They occur under the brand names of Best Buy, bestbuy.com.ca, bestbuy.com.mx, Best Buy Express, Best Buy Mobile, and Geek Squad. The company is known to operate 1,200 large-format and 400 small-format stores through its Domestic and International division, gathered as of the year 2018.
No, Best Buy doesn’t pay weekly. Instead, it provides its employees with a biweekly paycheck. The pay period commences on a Sunday and posts two weeks. As the pay period is about to end on a Saturday, the employees receive the payroll on Friday. The payment mode involves both methods, a direct deposit or a paycheck, depending on the employee’s preference.
Best Buy’s Customer Assistants earn approximately $20,026 yearly, whereas the Senior Web Developers receive a paycheck amounting to $114,475 annually. A closer look at the salary models reveals that an Average Best Buy hourly pay ranges from approximately $10.00 hourly for a Designer to $23.18 hourly for an Administrative Assistant.
Recently, the employee salaries at Best Buy have seen a boost across the board with the advent of minimum $15 hourly pay raise. This increase has made the employment arena moderately uniform for most of the hourly workers at Best Buy. Several employees who received less than $12 hourly are now earning a figure much closer to operators with a few years of experience!!
- Technical Support Specialist: They earn an amount of approximately $26,732 yearly.
- Web Developer: They make an amount of roughly $109,311 annually.
- Delivery Driver: They earn an amount of about $16.46 hourly.
Employees from the most critical asset of Best Buy; this is precisely why the company commits to take care of their workers and reward them adequately for the amount of hard work and effort they put in. As a result, employees working at Best Buy enjoy a competitive range of perks and rewards, which comprise benefits, discounts, and opportunities with choice and flexibility.
Physical and Mental Well-being
These aim to provide essential coverage to aid the employee’s growth and improvement concerning their physical and mental well-being and a sense of goodness.
- Medical and Prescription Drug Coverage
- Behavioral Health Coverage
- Critical Illness Insurance
- Accident Insurance, etc.
The most sought-after benefits allow for a healthy balance between the present while preparing for the future.
- Competitive Pay
- Incentive Pay
- Employee Discount
- 401(k) Retirement Savings Plan
These benefits aim at balancing the employee’s work and private life by extending the protection of income in times of need, providing discounts on several services, and assistance for overall development.
- Paid Time Off
- Bereavement Leave
- Caregiver Pay for Child Bonding or Family Care
- Adoption Assistance
- Tuition Assistance and Discounts
Corporate Campus Amenities
The company’s corporate campus provides access to various on-site amenities that helps the employees save time and recreate when required. However, most of Best Buy’s corporate teams have switched to remote working due to the pandemic.
- Geek Squad
- Sandy’s Place Café by Bon Appétit
- Coffee Shops
- Fitness and Wellness Center
- Intramural Sports
- Child Care
The company provides a raise to their employees once every year. An employee can boost his pay by 7% if they are exceptional due to the pandemic situation performance. Best Buy tries to retain its employees by extending rewards for extraordinary performances. The average raise provided by the company every year is approximately 2% to 3%.
Best Buy is usually open to providing opportunities to fresh hires; to enhance their working, it constantly aims to train new hires to the best possible levels. Prior experience applying for sales and service building can help as a plus point during the hiring process but isn’t mandatory. The retail chain segment prefers candidates who possess a high school diploma and are understand the latest trends in technology and electronics.
As far as the store-level opportunities are concerned, it varies with Best Buy. The company prefers candidates aged 16 years or older with enthusiasm to learn new and different things. However, the rest of the high-level designations may demand more. For example, the electronic repair and management positions may mandate further schooling and prior work background for qualification.
Application & Hiring Process
Best Buy is considered one of the biggest electronic retail franchises globally. With over a thousand operates as one of the largest electronics retail franchises in the world. The company manages over 1,000 locations globally. Moreover, the retail segment too serves as a vast employer of entry-level workers. Therefore, it has to constantly work as a hiring as well as a motivating body for aspirants.
The candidates need to fill out the application form for the desired designation online and attach the required materials in the application process. Post that, based on the various states and the details received, the hiring personnel shortlists candidates who best fit the job description. The interview round may be lengthy as the aspirants may have to spend a couple of days (minimum 3) to go through the entire interviewing process. Employee referrals and sound employment backgrounds may even land one in getting a job offer in less than a day. It rarely happens that the candidates have to go through a month-long duration for standard procedures before gaining employment.
Best Buy is a global name with its form filling up as quickly as they arrive. It is because no one wants to miss an excellent opportunity to learn and grow experience. With decent pay, which increases every year, thanks to the regular raise, one wouldn’t want to miss such a great opportunity. Getting paid biweekly breaks monotony and keeps the employees fresh and motivated to work as hard they can since the salary is just a few days away. So, if you think you have the required skills and dynamism, you can easily apply for whatever designations suit you at Best Buy. Remember, all it takes is hard work and commitment to outshine in the race.
Frequently Asked Questions
Q. Does Best Buy pay weekly?
No, Best Buy doesn’t pay weekly but bi-weekly. However, it is enough to keep the employees fresh and motivated.
Q. How much does a full-time employee work at Best Buy?
Full-time employees at Best Buy need to work 32 hours per week.
Q. What is the salary of a General Manager at Best Buy?
General Managers working at Best Buy earn on an average approximately $96,500 yearly.
Q. What is the mode of payment at Best Buy?
Employees at Best Buy get paid either by direct deposit or paychecks depending upon personal preference.