Best Buy 2009 Annual Report Download - page 31

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Compensation for Named Executive Officers
Elements of Compensation. The fiscal 2009 compensation for our named executive officers included the following
elements:
Element Form(s) of Compensation Purpose Performance Metric(s)
Base Salary Cash Provide competitive, fixed Not performance-
compensation to attract and retain based
exceptional executive talent
Short-Term Incentive Cash Create a strong financial incentive EVA; comparable
for achieving or exceeding a store sales growth
combination of company and rate; SG&A rate
executive management team goals
Long-Term Incentive Stock options Create a strong financial incentive Best Buy common
for increasing shareholder value stock price
and encourage a significant equity
stake in our company
Enterprise Performance shares Reward superior performance and Revenue growth rate;
Leadership retain exceptional executive talent profit growth rate;
Long-Term comparable store sales
Incentive(1) growth rate
Individual Restricted stock Recognize superior performance Not performance-
Recognition rendered and retain exceptional based
Restricted Stock executive talent
Award(2)
Voluntary Cash, COBRA premiums, life Reduce corporate payroll expenses Not performance-
Separation insurance premiums, tax based
Benefits planning services
Health, Retirement Eligibility to participate in Plans are part of our broad-based Not performance-
and Other benefit plans generally employee benefits program based
Benefits available to our employees,
including retirement, stock
purchase, health, life insurance
and disability plans
31