Edmunds
Edmunds Compensation & Benefits
Edmunds Employee Perspectives
Can you describe your benefits package and the resources you offer employees to support them holistically?
In addition to competitive compensation, 100 percent paid parental leave and PTO at employees’ discretion, we’ve elevated our benefits to encourage employees to prioritize their wellbeing and pursue their passions. “Tune Up Your Engine,” our wellness initiative, supports employees’ physical, emotional, financial and social health.
Offerings include employee-led yoga, nutritionist coaching, complimentary Headspace access, chair massages and therapist sessions on sleep hygiene and stress management. Our paid sabbatical program allows employees to achieve lifelong goals like writing a book or volunteering with disaster relief efforts. We also expanded our fertility and family planning benefit to all employees on company-sponsored medical plans.
What People Are Saying About Edmunds
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Healthcare Strength: Medical coverage is described as comprehensive with multiple plan options and the employer covering roughly 70–100% of premiums, alongside dental, vision, HSA/FSA, and EAP resources. Employer-paid life and disability insurance and wellness initiatives further reinforce the package.
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Retirement Support: The 401(k) plan is outlined as a 100% match on employee contributions up to 6% of eligible salary with immediate vesting. This structure provides clear long-term savings value within total compensation.
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Leave & Time Off Breadth: Time off is positioned as flexible or unlimited with 13 paid holidays, and long-tenured employees may access a paid sabbatical. Remote or hybrid flexibility is also commonly available, depending on role.
Edmunds's Benefits
Defined commission tiers and policy for applicable employees
Defined reimbursement or per diem policy for work-related expenses
Defined structured pay bands with transparent earning potential
Designated President's Club
Offers competitive compensation and rewards package
Offers employee discounts
Offers employee stock purchase plan
Eligible Edmunds employees can purchase shares of CarMax stock through convenient payroll deductions and receive a 15% Company matching contribution.
Offers childcare benefits
Edmunds offers a dependent care flexible spending account.
Offers 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.
Provides an onsite Mother's Room
Provides family medical leave
Provides 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.
Offers 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.
Offers dependent care
Offers 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.
Offers 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.
Offers Health Savings Account (HSA)
Employees who enroll in an Edmunds’ high deductible medical coverage can open a healthcare savings account (HSA) and receive a contribution to the HSA from Edmunds.
Offers immediate health care coverage on employee start date
Offers 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.
Offers pet insurance
Nationwide pet insurance: Individually underwritten (Rates based on state, breed, age, etc.)
Offers vision insurance
Two options are available. The free option covers annual exams, and the other includes annual exams and lenses/frames or contacts annually.
Offers 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.
Offers 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.
Offers 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.
Offers 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.
Provides 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.
