CarMax Benefits

3.9
569 Ratings

Our Benefits

The commitment to treat people right and do the right thing defines us at our very core. These values are demonstrated in many ways, including through the benefits we offer.

The following is a summary of CarMax benefits. For more information, see our Benefits website. https://benefits.carmax.com/

Which benefits does CarMax provide?

Current and former employees report that CarMax provides the following benefits. It may not be complete.

Insurance, Health & WellnessFinancial & RetirementFamily & ParentingVacation & Time OffPerks & DiscountsProfessional Support

Insurance, Health & Wellness

Health Insurance
3.4
64 Ratings
Employer Verified
3.1
18 Ratings
Employer Verified
2.7
11 Ratings
Employer Verified
3.0
10 Ratings
Employer Verified
2.8
5 Ratings
Employer Verified
2.8
4 Ratings
Employer Verified
3.7
3 Ratings
Employer Verified

Financial & Retirement

4.3
137 Ratings
Employer Verified
3.3
21 Ratings
Employer Verified
2.9
11 Ratings
Employer Verified
2.8
5 Ratings

Family & Parenting

3.1
10 Ratings
Employer Verified
2.9
8 Ratings
Employer Verified
4.0
3 Ratings
Adoption Assistance
Employer Verified
Work From Home
Employer Verified

Vacation & Time Off

3.5
60 Ratings
Employer Verified
3.4
19 Ratings
Employer Verified
3.1
16 Ratings
Employer Verified
3.0
1 Rating

Perks & Discounts

3.7
119 Ratings
Employer Verified
3.5
4 Ratings
Employer Verified
2.8
4 Ratings
Employer Verified

Professional Support

3.0
22 Ratings
2.3
9 Ratings
Employer Verified

Employee Benefit Reviews

Showing 1–10 of 569 comments

Most Commented

  • 401K Plan(137 comments)

    full 6% match through T Rowe Price.

  • Employee Discount(119 comments)

    Vehicles on the lot were eligible for up to $3,000 off. Some cars were sold at such a low-profit margin, the discount would only be 1,200-2,000.

  • Health Insurance(64 comments)

    Too expensive, doesn't cover enough

Jun 10, 2022
5.0
Current Inventory Associate in Murrieta, CA, California

Health insurance, 401k, company stock options, and occasional company events.

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Jun 8, 2022
5.0
Former Employee

Great benefits for new associates.

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Jun 6, 2022
5.0
Former Business Office Lead in Oxnard, CA, California

great benefits, 401k matching up to 6 percent.

Report
Jun 2, 2022
5.0
Former Business Office in Naperville, IL, Illinois

Good stock incentives and 401k options

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What CarMax employees are saying

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Jun 16, 2022
2.0
Current Business Office Associate in Tampa, FL, Florida

Understaffed and not able to assist customers in the 45m period.

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May 30, 2022
5.0
Current Inventory Associate in Norcross, GA, Georgia

Multiple perks and benefits: Health, Dental, and Life Insurance Vehicle Purchase Program Paid Time Off Tuition Reimbursement And so many more

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May 26, 2022
4.0
Former Employee

Not bad if you are hourly

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May 22, 2022
4.0
Current Employee

401k match is good on par with others

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May 22, 2022
4.0
Current Employee

CarMax matches dollar for dollar for their employees 401k up to a certain percentage

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May 22, 2022
4.0
Former Sales Associate in Richmond, VA, Virginia

The 401k match is 6%. The PTO is great and accrues quickly. They offer tuition reimbursement, but the 3rd party website was a bit of a pain to figure out. The healthcare was ok. Lastly, the employee discount was UP TO 3k for vehicles or wholesale vehicles at cost+sales tax.

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Viewing 1 - 10 of 569 Reviews

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