100 Best Companies to Work For 

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31. CarMax
CarMax
Financials: Latest Results
Rank: 31 (Previous rank: 46)
What makes it so great?
After sales at used-car lots dropped by 17%, CEO Tom Folliard announced layoffs of 625 employees but cushioned the news with a generous severance package of four to 26 weeks' pay.
Headquarters: 12800 Tuckahoe Creek Parkway
Richmond, VA 23238
2007 revenue ($ millions): 8,200
Website: www.carmax.com
Employees  
U.S. employees 16,107
Employees outside U.S. 0
Jobs  
New jobs (1 year) 1,580
% job growth (1 year) 14%
% voluntary turnover 22%
Applicants 234,000
No. of job openings (as of Jan. 13, 2009)
Pay Avg. annual pay*
Most common job (salaried):
Purchasing
$62,484
Most common job (hourly):
Sales Consultant
$37,837
Benefits  
Paid sabbaticals No
Onsite child care No
Health  
100% health-care coverage No
Onsite fitness center Yes
Subsidized gym membership Yes
Work-life  
Job sharing program Yes
Compressed workweek Yes
Telecommuting Yes
Diversity  
% minorities 44%
% women 24%
Has nondiscrimination policy
that includes sexual orientation?
Yes
Offers domestic partner benefits
for same-sex couples?
Yes
Professional training  
Salaried employees (hrs./yr.): 147
Hourly employees (hrs./yr.): 73
From the February 2, 2009 issue
Notes:
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. Revenues are for 2007 or latest fiscal year. All data based on U.S. employees.
* Average annual pay: yearly pay rate plus additional cash compensation for the largest classification of full-time salaried and hourly employees.
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