Skip to Content

    America’s largest used car retailer is growing fast — about a dozen new stores a year — giving staffers many opportunities to help start up an operation. CarMax offers a comprehensive relocation package, which includes helping to set up house-hunting trips, covering temporary housing costs, paying for moving expenses, and covering new-home closing costs. In many cases the company even purchases the employee’s old home if a buyer can’t be found. Some 465 associates relocated in 2014.

    Fortune Data StoreLooking for leads, investment insights, or competitive intelligence?Get Premium Access

    Company Info

    CEO/Top Executive
    Tom Folliard
    Rank last year54
    # of years on list11
    F500 Rank240
    Industry
    Retail
    Year founded1,993
    Type of organization
    Public
    Revenue (2014 or most recent year)
    $12.5 billion
    Web addresshttp://www.carmax.com
    Total US employees19,914
    Full-Time jobs added in last year1,636
    Number of work sites-

    Perks

    Offers compressed work weeks
    yes
    Offers fully-paid sabbaticals
    no
    Offers paid time off for volunteering
    no
    Onsite fitness center
    yes
    Discounted gym memberships
    no
    Onsite medical care facility
    no
    Offers college tuition reimbursement to employees
    yes

    Diversity

    % Women24.65%
    % Minorities40.30%
    % African-American20.46%
    % Asian3.91%
    % Native Hawaiian Pacific Islander0.00%
    % Caucasian or White54.43%
    % Hispanic/Latino15.59%
    % Native American/Alaska Native0.34%
    % Two or more races0.00%
    Same-Sex Benefits
    yes
    Non-discrimination policy
    yes

    Paid Time Off

    Holidays
    6
    Vacation
    Unlimited
    Sick days
    Unlimited
    General PTO-

    Compensation

    Most common job (hourly)
    Sales Consultants
    Avg. base pay (for hourly employee)$18,005
    Avg. extra comp. (for hourly employee)$18,093
    Most common job (salaried)
    Purchasing Team Members
    Avg. base pay (for salaried employee)$51,583
    Avg. extra comp (for salaried employee)$6,324

    Hiring/Staffing

    FT voluntary turnover19.00%
    # of job applicants341,849
    Avg. # of applicants per opening-
    # of jobs filled15,847
    Jobs filled internally7,878
    % of jobs filled by referral36.00%
    # new graduates hired25
    # of job openings (as of Feb. 2015)2,500