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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.”

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    Company Info

    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
    Employees and job openings are U.S.-only.

    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