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.
Company Info
CEO/Top Executive | Tom Folliard |
Rank last year | 54 |
# of years on list | 11 |
F500 Rank | 240 |
Industry | Retail |
Year founded | 1,993 |
Type of organization | Public |
Revenue (2014 or most recent year) | $12.5 billion |
Web address | http://www.carmax.com |
Total US employees | 19,914 |
Full-Time jobs added in last year | 1,636 |
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
% Women | 24.65% |
% Minorities | 40.30% |
% African-American | 20.46% |
% Asian | 3.91% |
% Native Hawaiian Pacific Islander | 0.00% |
% Caucasian or White | 54.43% |
% Hispanic/Latino | 15.59% |
% Native American/Alaska Native | 0.34% |
% Two or more races | 0.00% |
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 turnover | 19.00% |
# of job applicants | 341,849 |
Avg. # of applicants per opening | - |
# of jobs filled | 15,847 |
Jobs filled internally | 7,878 |
% of jobs filled by referral | 36.00% |
# new graduates hired | 25 |
# of job openings (as of Feb. 2015) | 2,500 |