100 Best Companies to Work For
Rank: 93 (2005 rank: 87)
Get quote: KMX
Headquarters: Richmond, VA
Industry: Automotive Retailing, Services
Large Companies Rank: 33
2004 Revenue ($ millions): 5,260
U.S. Sites: 71
Website: http://www.carmax.com
What makes it so great?
This empire of "no haggle" superstores lets employees buy any car left on the lot longer than 14 days for $200 over cost. When an employee volunteers for a nonprofit, CarMax pays the organization $10 for each hour worked.
U.S. employees 11,400
Employees outside U.S. 0
% minorities 42
% women 23
New jobs (1 year) 950
% job growth (1 year) 12
Professional training (hrs./yr.) 82
% voluntary turnover 17
Applicants 35,240
Most common job (salaried) Buyer $55,000
Most common job (hourly) Sales Consultant $44,100
N.A.: Not available. U.S. employees includes part-timers as of time of survey. Job growth, new jobs, and voluntary turnover are full-time only. Average annual pay: yearly pay rate plus additional cash compensation for the largest classification of salaried and hourly employees. Revenues are for 2004 or latest fiscal year. All data based on U.S. employees.