CarMax Claimed Company

We're fueled by a common goal: creating an iconic car-buying experience. We make car-buying fair, accessible, and joyful for all. We are committed to making progress in how we positively impact our society, now and in the future. Above all, we care about people. We are committed to putting people first, including our associates, customers, and communities. Spark positive change alongside us. Here’s your chance to leave a mark. Find the purpose, tools, and resources to go for greatness with teammates by your side. We offer benefits and resources to help you make your best life happen. Professional growth and limitless opportunities await. There's no better place to be. Our values guide everything we do: -Do the right thing -Put people first -Win together -Go for greatness CarMax revolutionized the auto industry by delivering the honest, transparent, and high-integrity car buying experience customers want and deserve. This disruptive thinking has helped us become the nation’s largest read more

EMPLOYEE PARTICIPANTS: 758

TOTAL RATINGS: 6050

CEO: William Nash

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CarMax Contracts Specialist Salary

The average CarMax Contracts Specialist earns an estimated $90,375 annually, which includes an estimated base salary of $84,697 with a $5,677 bonus. CarMax's Contracts Specialist compensation is $5,229 more than the US average for a Contracts Specialist. Contracts Specialist salaries at CarMax can range from $48,622 - $200,000.

The Legal Department at CarMax earns $10,761 more on average than the Engineering Department.

Last updated 23 days ago.

$36k

$50k

$63k

$77k

$118k

$160k

$200k

$90,375

Average Compensation

$84,697: avg. base

$5,677: avg. bonus

Contracts Specialist Salaries at CarMax

Contracts Specialists earn $2,585 more than Contracts Specialists, and $101,010 less than Corporate Counsels.

General Counsel

$208k*

Corporate Counsel

$191k*

Contracts Specialist

$88k*

Paralegal

$68k*

* estimated salary

Compensation at CarMax by Department

The Legal Department averages $10,761 more than the Engineering Department, and $14,429 less than the Product Department

Product

$153,016 Avg. total comp.

+$14k

Legal

$138,587 Avg. total comp.

Engineering

$127,826 Avg. total comp.

-$11k

Contracts Specialist Compensation by Gender (All Companies)

The average female Contracts Specialist at companies similar size to CarMax reported making $81,516, while the average male Contracts Specialist at similar sized companies reported making $104,964.

Contracts Specialist Compensation by Ethnicity (All Companies)

The average African American/Black Contracts Specialist at companies similar size to CarMax reported making $97,320, while the average Native American Contracts Specialist at similar sized companies reported making $87,750.

How Contracts Specialists at CarMax Rate Their Compensation

The majority of Contracts Specialists at CarMax believe they're compensated fairly. 50% of Contracts Specialists at CarMax say they receive annual bonuses, and the vast majority (74%) are satisfied with their benefits. See more compensation ratings at CarMax

Do you believe you're paid fairly?

57% Yes

Does your company give annual bonuses?

50% Yes

Are you satisfied with your Benefits?

74% Yes

See CarMax Contracts Specialist Salaries by City

Contracts Specialist Salaries at Similar Size Companies

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