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The nation’s largest used-car retailer in 2018 added a Technology and Product Innovation Garage to its list of employee-first practices. A total of 450 employees formed 13 teams and were given 30 hours over two days to work together, mostly with teammates they’ve never worked with before. The results included an A.I. chatbot and a college recruiting app (which is now being implemented). “Innovation is always top of mind,” says one worker. “Employees are encouraged to not only think outside the box but also help provide solutions for future issues.”

Read the Great Place to Work review.

Company Info

Employees and job openings are U.S.-only.
Rank last year33
Years on list
16
HQ location
Richmond, Va.
Employees26,041
Job openings (as of February 2020)1,500
Industry
Retail
Revenue, 2019 or most recent year ($M)$19,146
Year founded
1993
Type of organization
Public
Number of work sites215
Websitehttps://www.carmax.com

Perks

100% health coverage
no
Unlimited sick days
no
Telecommuting
yes
Job sharing
yes
Subsidized childcare
yes
Compressed work weeks
yes
Fully-paid sabbaticals
no
On-site fitness/subsidized gym
yes
On-site medical care facility
no
Non-discrimination policy includes sexual orientation
yes
Health insurance for part-timers
no
Sick days for part-timers
no
College tuition reimbursement
yes
Student loan debt repayment
no
Medical facility at all locations
no

Diversity

% Women25%
% Minorities49.4%
% African-American/Black19.9%
% Asian4.6%
% Caucasian/White49.5%
% Hispanic/Latino19.4%
% Native American/Alaska Native0.4%
% Native Hawaiian/Pacific Islander0.3%
% Two or more races4.9%
% Unknown ethnicity1%
Date info provided
Aug. 26, 2019

Paid Time Off

PTO limit (days)32
# Sick days
6

Compensation

Most common job (for salaried employee)
Sales Manager
Avg. base pay (salaried)-
Avg. extra compensation (salaried)-
Total pay for most common job (salaried)-

Hiring/Staffing (Past 12 Months)

Full-time and part-time job growth4%
# of job applicants283,033
Avg. # of applicants per opening25
# New graduates hired140