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Best Buy Hailed for Championing Women’s Advancement

Best Buy has been named to Seramount’s 2022 Top 75 Companies for Executive Women list, the retailer reported.

The list honors companies that champion women’s advancement, with a focus on succession planning, profit-and-loss roles, gender pay parity, support programs and flexibility programs. Seramount is a strategic professional services and research firm focused on advancing diversity, equity and inclusion in the workplace.

Best Buy says it has women leaders “at the highest levels of our company,” including CEO Corie Barry and 45% of its board of directors. 

Among the steps Best Buy says it has taken to advance gender equity and supporting its women employees:

A partnership with The Mom Project to help more women, especially working moms, find jobs across the company.

Best Buy has signed Parity.org’s ParityPledge, committing to interview at least one qualified female candidate for every open position at the VP level and above.

A wide range of benefits to support women and families, including caregiver pay, paid leave, flexible work options, mental health benefits and more.

The 2022 Top 75 Companies were chosen based on female representation at all levels, with a focus on corporate officer and profit-and-loss leadership ranks. The application, based on 2021 data, tracks and examines how many employees have access to programs and policies that promote advancement of women and how many female employees take advantage of them, as well as how companies train managers to help women advance.

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