Great company and flexible, constantly-evolving work environment! - Senior Strategy Analyst CarMax Employee Review

4.0
2 Mar 2014
Recommend
CEO approval
Business outlook

Pros

CarMax has gotten bigger but still retains the small-company feel. In the right group/role, there is an opportunity to have a significant and noticeable impact on the company. The work-life balance is excellent with flexible hours and generous vacation policies and the office is very inviting.

Cons

Because it's a smaller company, the compensation is not as competitive as one would expect given the company's recent successes. Because salaries are not as competitive, CarMax loses a lot of good talent from associates who view it more as a stepping stone and not a final destination (a lot of associates even make a move just across the street to Capital One HQ where salaries are more competitive).

Explore other reviews about CarMax

5.0
3 May 2026
Recommend
CEO approval
Business outlook

Pros

You are your own boss

Cons

Slow days can be demotivating.

4.0
13 Jun 2026
Recommend
CEO approval
Business outlook

Pros

The perks of working at CarMax are quite extensive. Associates are offered an aggressive 401k program, Stock Purchasing Plan, in store discounts on sales and service, access to the CarMax Wholesale system, excellent healthcare, plenty of PTO, and at my location we are given as much OT as we want. My coworkers are generally good people, that I enjoy being able to work along side day in and day out. Management is very understanding in regards to calling out sick family emergencies, and schedule requests.

Cons

Despite doing the work of 5 people, and very politely asking for a raise management will not give me more than my 3% annual raise which is the single biggest let down. The bonus change of 2025 being labeled as "exciting" was straight corporate gaslighting unlike anything I've ever seen. Since the start of 2026, as of this review being written we have lost 7 associates largely due to pay, and I am soon to join those associates. Management from the store level up to corporate needs to understand that to retain their top performers they need to be compensated like a top performer. Some members of management are cliquey and moody which is very frustrating to deal with. Quality of Management varies wildly from store to store as well

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