CarMax, the nation’s leading used-car retailer, believes that good customer service begins with treating employees right. At the peak of the pandemic, every CarMax manager met with their associates to help them balance work and family life. As a result, some employees were able to modify their schedules or take a leave of absence that enabled them to continue receiving benefits. And CarMax aims to hold itself to a high standard; associates with concerns over safety or ethics are encouraged to speak up via an open door policy. “The most amazing thing about working here is our managers genuinely care about us,” says one employee. “They will put in extra time and effort to help us with anything we need, even if it’s something in our personal life.” Read the Great Place to Work review.
Courtesy of CarMax

Company Information

As of 8/3/2022
Country
U.S.
Headquarters
Richmond
Industry
Automotive Retailing, Services
CEO
William D. Nash
Company Type
Public
Ticker
KMX
Revenues ($M)
$33,197.2
Profits ($M)
$1,151.3
Market Value ($M)
$15,305
Employees
32,647
Figures are for fiscal year ended Feb. 28, 2022. Market value as of July 19, 2022.

Best Companies

Rank last year
36
Years on list
18
Employees (as of March 2022)
27,000
Job openings (as of March 2022)
2,000
Year founded
1993
Employees and job openings are U.S.-only.

Perks
As of 7/30/2021

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
yes
Non-discrimination policy includes sexual orientation
yes
Sick days for part-timers
yes
College tuition reimbursement
yes
Student loan debt repayment
no
Medical facility at all locations
all locations

Diversity
As of 7/30/2021

% Women
27.5%
% Minorities
53.4%
% African-American/Black
-
% Asian
-
% Caucasian/White
-
% Hispanic/Latino
-
% Native American/Alaska Native
-
% Native Hawaiian/Pacific Islander
-
% Two or more races
-
% Unknown ethnicity
-

Paid Time Off: Full-Time Employees
As of 7/30/2021

PTO limit (days)
38
# Sick days
6

Hiring/Staffing (Past 12 Months)

# of job applicants
289,234
Avg. # of applicants per opening
18
# New graduates hired
-
FortuneDataStore ad
Lists ranking CarMax
RANK98
100 Best Companies to Work For - 2022When it comes to supporting employees, flexibility...READ MORE
RANK174
Fortune 500 - 2022This year’s Fortune 500 marks the 68th running of ...READ MORE
RANK7
Best Workplaces in Retail - 2022...READ MORE
RANK432
Global 500 - 2022Aggregate sales hit $37.8 trillion last year—an in...READ MORE