CarMax Celebrates 14 Years as One of FORTUNE Magazine’s 100 Best Companies to Work For®

Company Now Offering Enhanced Benefits Including Paid Parental Leave

RICHMOND, Va.--()--For 14 consecutive years, CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, has been named by FORTUNE magazine as one of its 100 Best Companies to Work For®. CarMax ranks No. 34 for 2018.

"This award recognition is a direct result of the culture created by our associates,” said Bill Nash, CarMax CEO. “Their commitment to delivering an exceptional customer experience, transforming the communities around us, and caring and supporting one another is what makes CarMax a great place to work.”

The 2018 FORTUNE 100 Best Companies to Work For® list is based on survey responses from more than 310,000 employees rating their workplace culture on 50-plus elements of the workplace such as fairness, camaraderie, development and trust in leadership.

“Our associates are our number one focus, and we want to have their backs during life’s moments that matter most,” said Diane Cafritz, chief human resources officer at CarMax. “That is why we are launching newly enhanced benefits this year that are a direct result of associate feedback on what benefits are most meaningful to them.”

CarMax is now offering four weeks of paid parental leave for hourly and salaried full-time associates following the birth or adoption of a child. This parental leave applies to both non-birth and birth parents. Birth mothers are eligible to add the four weeks of paid parental leave at the end of their approved six to eight weeks of paid medical leave.

Additionally, CarMax associates will enjoy the enhanced benefit of additional vacation time based on length of service. The company will continue to look for opportunities to provide pay and benefits for associates in the areas that are important to them.

CarMax employs nearly 25,000 people nationwide and continues to grow and hire for new positions. The company is opening a total of 15 new stores in 2018, including the company’s first locations in the states of Maine and New Hampshire. Some of the areas with a large number of job openings include: Baltimore, MD; Boston, MA; Dallas, TX; Denver, CO; Houston, TX; Los Angeles, CA; and San Francisco, CA.

The majority of open full and part-time job positions among CarMax stores are in sales and service (including detailers and experienced technicians). The company is also hiring for several customer service positions at CarMax Auto Finance in Atlanta, GA and for digital and technology positions at the CarMax Home Office and CarMax Shockoe locations in Richmond, Virginia.

In addition to being recognized for 14 consecutive years as one of FORTUNE magazine’s 100 Best Companies to Work For®, FORTUNE has also recognized CarMax as one of the 20 Best Workplaces in Retail and 100 Best Workplaces for Millennials in 2017. CarMax is also one of TRAINING Magazine's "Training Top 125" companies in America.

CarMax is committed to hiring people with strong values of integrity, transparency, and respect. Job seekers are encouraged to apply for open positions online at jobs.carmax.com.

About CarMax

CarMax is the nation’s largest retailer of used cars and operates more than 185 stores in 41 states nationwide. CarMax revolutionized the auto industry by delivering the honest, transparent and high-integrity car buying experience customers want and deserve. For nearly 25 years, CarMax has made car buying more ethical, fair and stress-free by offering a no-haggle, no-hassle experience and an incredible selection of vehicles. CarMax makes selling your car easy too, by offering no-obligation appraisals good for seven days. At CarMax, we’ll buy your car even if you don’t buy ours®. CarMax has nearly 25,000 associates nationwide and for 14 consecutive years has been named as one of the FORTUNE 100 Best Companies to Work For®. During the 12 months ending February 28, 2017, the company retailed 671,294 used cars and sold 391,686 wholesale vehicles at its in-store auctions. For more information, access the CarMax website at www.carmax.com.

Contacts

Media Contact
Lindsey Duke, CarMax Public Relations, 855-887-2915
pr@carmax.com  • @CarMax • facebook.com/CarMax

Contacts

Media Contact
Lindsey Duke, CarMax Public Relations, 855-887-2915
pr@carmax.com  • @CarMax • facebook.com/CarMax