A CEO Bill Nash and board without integrity - Associate CarMax Employee Review

1.0
Dec 20, 2020
Recommend
CEO approval
Business Outlook

Pros

Consistent work shedule and some benefits

Cons

The CEO claimed due to pandemic he and the board would take no bonus and a reduced salary for the year in a company wide video when the company placed thousands on furlough. As of now he had taken more than $9 million in compensation this year exceeding his prior years salary as well as the entire board posting earning exceeding 2019 while cutting all associate bonus programs for the year. These are not opinons these are facts.

Explore other reviews about CarMax

5.0
May 3, 2026
Recommend
CEO approval
Business Outlook

Pros

You are your own boss

Cons

Slow days can be demotivating.

4.0
Jun 13, 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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