Edmunds
Benefits at Edmunds
We could tell you all our benefits. But then we'd have to hire you. Edmunds takes care of employees by providing a full suite of perks and benefits while on the Ride of a Lifetime. We offer a competitive Benefits package, flexible time off, as well as 13 paid holidays, 401(k) match, social impact paid time off, plus more.
Financial + Retirement
401(K)
Edmunds matches pre-tax and Roth 401(k) contributions at 100%, up to 6% of eligible salary (up to IRS limit), with immediate vesting.
401(K) matching
Edmunds matches pre-tax and Roth 401(k) contributions at 100%, up to 6% of eligible salary (up to IRS limit), with immediate vesting.
Employee stock purchase plan
Eligible Edmunds employees can purchase shares of CarMax stock through convenient payroll deductions and receive a 15% Company matching contribution.
Charitable contribution matching
Edmunds supports the causes our employees hold dear. In partnership with CarMax, donations to qualified organizations are matched up to $5,000 per year.
Office Perks
Commuter benefits
Employees have the option to lower commuting costs by using pre-tax dollars through payroll deductions to pay for qualified transportation expenses like transit passes, ridesharing and parking.
Fitness stipend
Edmunds encourages physical fitness and reimburses 50% of individual fees up to $37.50 per month for qualifying facilities and activities.
Company-sponsored happy hours
Professional Development
Customized development tracks
Job training & conferences
Mentorship program
A variety of development sessions are offered throughout the year to build business acumen, technical skills and other professional management skills.
Promote from within
Tuition reimbursement
Edmunds offers reimbursement for qualified educational activities that further an employee’s professional development.
Personal development training
Diversity
Dedicated diversity and inclusion staff
Diversity manifesto
Mandated unconscious bias training
Diversity employee resource groups
We launched ERGs at Edmunds, which allows employees with a particular commonality or interest to share a space, support each other and spread awareness.
Hiring practices that promote diversity
We conduct interview training for all our hiring teams, which highlights the importance of diversity and brings attention to unconscious bias during the recruiting process.
Health Insurance + Wellness
Dental insurance
Aetna dental coverage is offered for basic and major services. Coverage also includes 100% coverage for preventive care. You and your eligible dependents may enroll in one of the two dental coverages.
Disability insurance
Edmunds pays 100% of the premium cost for employee disability income protection coverage of 70% of base salary up to the plan limits.
Flexible Spending Account (FSA)
Employees can fund healthcare and dependent care flexible spending accounts (FSAs) through payroll deductions to pay for qualifying expenses with pre-tax money.
Health insurance
Multiple comprehensive PPO and HMO (California only) options are available. All include doctor, hospital and prescription coverage. Edmunds pays 70–100% of the medical insurance premium cost.
Life insurance
Edmunds pays 100% of the premium cost for employee life and AD&D coverage of one and a half times employee’s base salary, up to $450,000.
Pet insurance
Nationwide pet insurance: Individually underwritten (Rates based on state, breed, age, etc.)
Team workouts
Edmunds encourages physical fitness and reimburses 50% of individual fees up to $37.50 per month for qualifying facilities and activities.
Vision insurance
Two options are available. The free option covers annual exams, and the other includes annual exams and lenses/frames or contacts annually.
Wellness programs
Edmunds encourages physical fitness and reimburses 50% of individual fees up to $37.50 per month for qualifying facilities and activities.
Mental health benefits
Employee Assistance Program (EAP) can offer suggestions, options, and information for simple questions like quick ways to de-stress or how to find more time in your schedule for more difficult issues.
Culture
Volunteer in local community
Volunteer hours contributed by employees and their eligible family members are matched 1:1 with a $15 donation for every hour.
Flexible work schedule
Edmunds implements "Summer Fridays" throughout the summer, encouraging teams to power down at 1:00pm on Fridays.
Open door policy
Open office floor plan
Partners with nonprofits
Edmunds partners with Boys & Girls Club, LAFD Foundation, CarMax Disaster Associate Relief Fund
Remote work program
Edmunds offers flexibility to work fully remote.
Team based strategic planning
OKR operational model
Employee resource groups
Summer hours
President's club
Child Care + Parental Leave
Family medical leave
Generous parental leave
Based on tenure, employees who are primary caregivers may qualify for up to four months of paid leave for the birth or adoption of a child, and non-primary caregivers may qualify for up to one month.
Fertility benefits
Employees and spouses/domestic partners that are enrolled in an Edmunds sponsored medical plan have access to the Kindbody Fertility and Family Building benefit.
Vacation + Time Off
Paid volunteer time
Our Social Impact Paid Time Off Policy encourages employees to dedicate time to contribute to positive social change.
Paid holidays
Paid sick days
Sabbatical
Provides long-tenured employees with an opportunity to take a purposeful two-month leave of absence from work with pay, to pursue a developmental or service undertaking, that has a positive impact.
Unlimited vacation policy
Flexible time off
