CarMax, Capital One among top places to work

January 20, 2012
By Louis Llovio / Richmond Times-Dispatch

CarMax Inc. is among the top 100 U.S. companies to work for, according to a list compiled by Fortune magazine.

This is the eighth straight year the Goochland County-based automotive retailer has made the magazine's annual list.

"This recognition is a testament to our talented associates," Tom Folliard, CarMax's president and CEO, said in at statement.

The chain was ranked 91st in this year's list, but its rankings have slipped three years in a row. CarMax ranked 81st in 2011, 56th in 2010 and 31st in 2009.

The retailer is among three other Virginia-based companies to make the magazine's "100 Best Companies to Work For" list.

McLean-based Capital One Financial Corp., the largest private employer in the Richmond region, was No. 98th on the list.

Six other companies with operations in Virginia, including Accenture, Deloitte and SRC, also made the list.

Google ranked No. 1 on the list.

Fortune said it named CarMax to its top companies list for a variety of reasons including that "Folliard shows up at sites that meet sales goals and serves up a steak dinner — sometimes twice to make sure both shifts are honored."

Companies must apply to be considered for a spot on the list. The minimum requirement is that a business must be at least five years old and have more than 1,000 U.S. employees, according to Fortune.

The rankings are based in part on employee surveys.

"The survey asks questions related to their attitudes about management's credibility, job satisfaction and camaraderie," Fortune said.

The February issue of Fortune hits newsstands Monday.

Copyright Richmond Times-Dispatch. Used by permission.

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