Best Buy gives pandemic-related bonuses amid company layoffs

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The consumer electronics retailer has not said how many store employees will lose their jobs as part of a reorganization.

and allowed customers to visit most of its stores without an appointment.

The company gave pandemic-related appreciation pay to hourly store and supply chain employees between late March and the beginning of August. In August, it raised its minimum wage to $15 an hour. Best Buy has not said how many employees will lose their jobs because of its reorganization. In a prepared statement, the company said that the global health crisis has permanently shifted more sales online — and that will change employees' roles, too.

"Our workforce will need to evolve to meet the evolving needs of customers while providing more flexible opportunities for our people," it said in a statement.Full-time hourly workers will get $500 and part-time hourly workers will get $200, the company said. It will not require workers to get Covid shots, but will offer an incentive for those who do: Eight hours of paid time off for full-time workers and four hours of paid time off for part-time workers.

 

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Awesome!

And I bet their stock goes up. That’s the system we have.

dafuq?

Regardless of any Gov’t decree, the true minimum wage is $0 ~ Thomas Sowell

See! Yet another great company run by those Minnesotans with great ethics and values. Yeah dontcha know.

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