The no-haggle retailer of used autos is appearing on the Best Companies to Work For list for the 19th time this year.
  • New hires receive a warm welcome even before their first day. As soon as someone accepts a job offer, the team leader calls to welcome them, and a mentor calls to answer any questions they might have before they start.
  • Elaborate onboarding includes making sure new hires have clear direction about their schedule and are provided with smaller details, such as where they should park and what restaurants are nearby, before their first day.
  • Workers can utilize the CarMax Connect web platform to get personalized information, aggregated news, and useful company resources.
  • “It's the first company that I've worked for that makes you feel the company puts its employees first, and truly understands that it's the sum of its parts that make up the whole,” said one employee. “They're also very understanding when it comes to personal issues getting in the way of work and allowing you to take time off to address them, and not make you feel like you're letting the whole company down for doing so.”
Read the Great Place to Work review.
Courtesy of CarMax

Company Information

As of 4/4/23
Country
U.S.
Headquarters
Richmond
Industry
Automotive Retailing, Services
CEO
William D. Nash
Company Type
Public
Ticker
KMX
Revenues ($M)
$33,197
Profits ($M)
$1,151
Market Value ($M)
$8,890
Employees
32,647
Figures are for the latest twelve months ended Nov. 30, 2022. Market value as of March 17, 2023. Sources: S&P Global; Bloomberg.

Best Companies

Rank last year
98
Years on list
19
Employees (as of March 2023)
30,000
Job openings (as of March 2023)
1,300
Year founded
1993
Employees and job openings are U.S.-only.

Benefits
As of 8/2/22

100% health coverage
no
Subsidized childcare
no
Compressed work weeks
yes
Option to work remotely
yes
Minimum requirement in-office attendance (days per week)
none
Percentage of health care premiums covered
68
Mental health coverage
yes
Free mental health sessions (per year)
unlimited
Free backup childcare time off (days)
-
Maximum $ amount covered for fertility services
not offered
Fully paid maternal leave (days)
-
Fully paid paternal leave (days)
-
Fully paid adoptive leave (days)
-
Maternal leave in addition to regular time off (days)
20
Paid days off for volunteering
yes

Diversity
As of 8/2/22

% Women
29%
% Minorities
57%
% African-American/Black
22%
% Asian
5%
% Caucasian/White
46%
% Hispanic/Latino
22%
% Native American/Alaska Native
-
% Native Hawaiian/Pacific Islander
-
% Two or more races
5%
% Unknown ethnicity
-
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