CarMax Claimed Company
CarMax has been a unique force in the used car industry since 1993. Through innovation and integrity, we’ve... read more
EMPLOYEE
PARTICIPANTS
285
TOTAL
RATINGS
2623
...
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CarMax Innovation

CarMax's innovation culture is considered somewhat innovative by its employees. CarMax's innovative company culture has to be ingrained within the work culture, and adopted by new hires. At CarMax, employees think the most important qualities a new hire must have are work ethic and prior experience. CarMax's innovation stems from the health of their work culture which their employees believe is very healthy.

Work Culture
Top 15%Top 15% of Similar Size Companies on Comparably
A-

CarMax is in the Top 15% of Similar Sized companies on Comparably

Meetings
Top 25%Top 25% of Similar Size Companies on Comparably
B

CarMax is in the Top 25% of Similar Sized companies on Comparably

Leadership
Top 10%Top 10% of Similar Size Companies on Comparably
A

CarMax is in the Top 10% of Similar Sized companies on Comparably

Fostering Innovation at CarMax

One facet of fostering innovation is maximising employee potential, many employees at CarMax feel as though they aren’t using their full potential. Another method for encouraging innovation is using meetings for knowledge sharing, 67% of employees think CarMax meetings are effective. Lastly, at CarMax most employees receive valuable feedback on a every week and once a quarter basis, which allows employees to feel comfortable with failure.

Extremely Innovative
33%
Somewhat Innovative
67%
Neutral
0%
Needs Improvement
0%
Stuck in the Past
0%
How innovative is your company?
Every week
69%
Once a month
8%
Once a quarter
15%
Once a year
8%
Never
0%
How often do you get valuable feedback on how to improve at work?
100% or greater
0%
90-99%
13%
75-90%
38%
50-75%
25%
0-50%
24%
What percent of your potential do you think you are using?
Are your company's goals clear, and are you invested in them?
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