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Working At Lab

Zippia Score 4.8

Lab overview

Laboratory Corporation of America Holdings, more commonly known as LabCorp, is an American S&P 500 company headquartered in Burlington, North Carolina.
Lab has been around for a long time. It was founded back in 1978. This established company loves to hire graduates from University of North Carolina at Greensboro, with 11.9% of its employees having attended University of North Carolina at Greensboro. Lab is a great place to work and is featured as number 1 on Zippia's list of Best Companies to Work for in Burlington, NC. The average employee at Lab makes $72,222 per year, which is quite competitive for its location and industry. In comparison, some of its highest paying competitors, like Dianon Systems, Fox Chase Cancer Center, and Neogen, pay $67,785, $63,610, and $59,784, respectively.
Lab is an industry leader with 52,000 employees and an annual revenue of $9.7B that is headquartered in North Carolina.

The Organization’s Mission

To improve health and improve lives, LabCorp delivers world-class diagnostic solutions, brings innovative medicines to patients faster and uses technology to improve the delivery of care.

Perks of Working at Lab

Good pay, excellent benefits, and great people are among the perks of working at LabCorp. Employees here also love the diverse culture of the company.

Industry

Health Care Providers & Services

Revenue

$9.7B

Employees

52,000

Founded in

1978

Headquarters

Burlington, NC

Website

labcorp.com

Website

labcorp.com

Organization Type

Public

Is This Your Company?

The team at Lab

Key People
  • David King (CEO)
The Inside Scoop
Headquartered in Burlington, North Carolina, LabCorp is a leading global life sciences company serves a broad range of customers including biopharmaceutical companies, managed care organizations, governmental agencies, physicians, hospital and health systems, employers, patients, independent clinical laboratories, and more. The company employs nearly 60,000 employees worldwide and strives to uphold its mission to improve health and lives by delivering world-class diagnostic solutions and bringing innovative medicines to patients faster.
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Lab Rankings

Lab is ranked #51 on the Best Health Care Companies to Work For in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Lab Salaries

How much does Lab pay?
The national average salary for a Lab employee in the United States is $72,222 per year. Employees in the top 10 percent can make over $119,000 per year, while employees at the bottom 10 percent earn less than $43,000 per year.
9.3
Salary Score
Average Employee Earnings

Lab Salaries By Job Title

While Lab employees earn an average yearly salary of $72,222, different roles can command different wages. Some of the job titles with high salaries at Lab are University Professor, Database Administrator DB2, Software Development Engineer, and Hardware Development Engineer. A typical University Professor salary at Lab is $130,578. To get a better sense of the salaries at Lab, other roles such as Billing Specialist and Laboratory Assistant can be considered as well. For comparison, the title Billing Specialist at Lab earns $32,150 per year.

Lab careers

On average, employees at Lab stay with the company for 3.1 years. Employees most commonly join Lab after leaving McDonald's. When they leave Lab, they most frequently get their next job at Science Applications International ....

Average Length of Employment

Lab

3.1 years
Covance2.7 years
Top Employers Before Lab
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Top Employers After Lab
AT&T7.8 %
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Lab Employment Videos

LabCorp - Lab

Lab Financial Performance

9.8
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1978

Organization type

Public

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Lab Subsidiaries

Subsidiaries to Lab include Chiltern International, Sequenom, and CTMS. Employees at the parent company, Lab, earn $72,222. In comparison, the salaries at Chiltern International, Sequenom, and CTMS are $92,696, $78,003, and $69,917.

Lab Competitors

Some of the competitors of Lab are Dianon Systems, Fox Chase Cancer Center, and Neogen. The wages at Dianon Systems average higher than the other similar companies, where the median salary is $67,785 per year. The employees at Fox Chase Cancer Center earn an average yearly salary of $63,610 per year, and the salaries at Neogen average $59,784 per year.

Frequently Asked Questions about Lab

When was Lab founded?

Lab was founded in 1978.

How many Employees does Lab have?

Lab has 52,000 employees.

How much money does Lab make?

Lab generates $9.7B in revenue.

What industry is Lab in?

Lab is in the health care providers & services industry.

What is Lab's mission?

Lab's mission statement is "To improve health and improve lives, LabCorp delivers world-class diagnostic solutions, brings innovative medicines to patients faster and uses technology to improve the delivery of care."

What type of company is Lab?

Lab is a public company.

Who are Lab's competitors?

Lab competitors include Covance, Dianon Systems, Quest Diagnostics, Froedtert Memorial Lutheran Hospital Inc., Clinical Laboratory Partners LLC, MANHATTAN PHYSICIANS LAB, Solstas Lab Partners Group LLC, Antech Diagnostics, Community Blood Cent, Wayne State University Physician Group, Fox Chase Cancer Center, Bostwick Lab, LifeSouth Community Blood Centers, CSL Behring, Integrated Regional Laboratories Inc., MVRBC, Associated Pathologists, Midamerica Clinical Laboratories, Neogen, Connect for Life.

Who works at Lab?

David King (CEO)

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You can find out what it is like to work at Lab, also known as LAB CORP OF AMERICA HLDGS, Lab and Laboratory Corporation of America Holdings.

Zippia gives an in-depth look into the details of Lab, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Lab. The employee data is based on information from people who have self-reported their past or current employments at Lab. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Lab and its employees or that of Zippia.