Company Makes List Of Best Employee Training Programs For Seventh
Consecutive Year
RICHMOND, Va.--(BUSINESS WIRE)--Feb. 24, 2014--
CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used
cars, has been named to Training magazine’s Training Top 125 for the
seventh straight year. CarMax ranks No. 60 for 2014. Training Top 125
recognizes organizations for providing extraordinary employer-sponsored
workforce training and development programs.
Training magazine, the leading business publication for learning
and development professionals, annually selects 125
organizations that excel at employee development. These companies
are chosen based on a variety of criteria, including the best leadership
development, outstanding training initiatives and demonstrable results
of training programs.
“Providing strong and relevant training programs is a vital key to our
company’s success,” said
Tom Folliard
, president and CEO of CarMax.
“As the company grows, we continue to develop training programs to
enhance our associates’ career opportunities.”
CarMax regularly adds new training and reviews existing material to
guarantee that the curriculum meets the needs of associates and the
business. The recently introduced Summit Program immerses entry-level
managers into leadership development by having them work
shoulder-to-shoulder with other managers. Not only does the program
teach managers specific skills, it also incorporates nonprofit community
service into the workshop. The impact is far reaching – both for
CarMax’s communities and for the individuals going through the program.
Additionally, CarMax's most comprehensive programs and training tools
include:
-
Development programs that deliver individualized, targeted training
opportunities
-
Extensive use of technology to support the needs of the associate,
including eLearning, student response systems and video testimonials
-
Classroom training that employs hands-on activities combined with
real-world application exercises
On average, each CarMax store associate completes more than 60 hours of
training per year. Through KMX University, CarMax's learning management
system, associates can view position development plans, launch online
courses, register for classroom training, print self-paced training
workbooks, take exams that automatically register course completions,
add self-reported training, and review their own personal training
histories.
About CarMax
CarMax, a member of the FORTUNE 500 and the S&P 500, and one of the
FORTUNE 2014 “100 Best Companies to Work For,” is the nation’s largest
retailer of used cars. Headquartered in Richmond, Va., CarMax currently
operates 131 used car superstores in 64 markets. The consumer offer
features low, no haggle prices, a broad selection of CarMax Quality
Certified used cars, and superior customer service. During the twelve
months ended February 28, 2013, the company retailed 447,728 used cars
and sold 324,779 wholesale vehicles at our in-store auctions. For more
information, access the CarMax website at www.carmax.com.
Source: CarMax, Inc.
Media Contact
Michelle Ellwood,
CarMax Public Relations, (804) 747-0422 ext. 4139
Twitter: @CarMax,
Facebook: facebook.com/CarMax