Best Buy Fiscal Year 2022 ESG Report | 34 Employee benefits . Minimum starting wage ...................................... $15 Percentage of hourly employees paid local statutory min wage* ...................... 0.58% Average hourly wage of hourly employees^ .......................................... $18.27 *  Based  on  local  statutory  minimum  wage  for  each  location  in  which  we  do  business ...... ^  As  of  end  of  FY22 Continued focus. With the goal of keeping our employees and customers safe through the pandemic, we provided COVID-19 testing and sick pay, encouraged vaccinations through time off and cash awards, and conducted free-of-charge vaccination and flu clinics. We offered pay support for those required to quarantine or isolate consistent with public health guidance. For employees and their dependents enrolled in a Best Buy health plan, we covered all COVID-related health care expenses in addition to costs for telehealth or virtual visits for both physical and mental health. Mental health remains a priority, and through training, storytelling and access to counseling and self-care resources, we equipped employees and leaders to notice issues in themselves or others and know where to find help. We expanded Caregiver Pay to include care for extended family members and added the ability for employees to choose caregivers from a personal network within the Backup Child Care program. As schools shifted in and out of virtual teaching throughout the year, we also offered Tutor Reimbursement for school-age dependents who needed extra support. Many employees invested extra time into their own learning. We added more partners to our list of select universities and training programs that offer tuition discounts, special scholarship opportunities and reduced fees for employees, and in some cases, their immediate family members. When combined with our Tuition Assistance program, eligible employees have the opportunity to earn a degree, online or on-campus, with no out-of-pocket costs. Learn more about all the well-being benefits offered by Best Buy at BenefitsGuide.BestBuy.com . Evolving pay structure. Best Buy is committed to offering a competitive pay structure that recognizes the value our employees create for our customers every day. We continuously review and evolve our pay structure, including the introduction of a $15 per hour minimum starting wage in 2020, which resulted in at least a 4% increase for all hourly store employees below the leadership level. (See page 41-42 for more on pay equity at Best Buy.)