Our People
We made great strides in fiscal 2008 to keep our best talent working for us. In our U.S. stores, we improved turnover by eight percent; manager turnover by nine percent. Our local leaders know their employees the best, and they know how to create an environment that attracts and retains talent.
Part of a great work environment includes opportunities for employees to give back. Our Tag Team Awards in fiscal 2008 provided more than $3.4 million to nonprofits across the U.S. — matching more than 151,000 hours that over 20,000 of our employees volunteered to those organizations — a nearly 400% increase over last year.
In order to continue fostering great ideas from our people, we're testing a "venture citizen fund." Employees will be invited to submit social change ideas for creative and financial consideration. Best Buy's financial support will be the catalyst to promote even more locally significant efforts in our communities.
