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Lab Overview

Laboratory Corporation of America Holdings, more commonly known as LabCorp, is an American S&P 500 company headquartered in Burlington, North Carolina.
The staff at Lab come from unusually diverse demographic backgrounds. The company is 62.0% female and 41.6% ethnic minorities. Lab employees are more likely to be members of the Democratic Party than the Republican Party, with 53.6% of employees identifying as members of the Democratic Party. But those numbers could change quickly because the turnover rate at Lab is relatively high. Employees at Lab stay with the company for an average of 2.9 years before leaving. The average employee at Lab makes $34,999 per year. Pay at Lab is significantly lower than some of its highest paying competitors, like Dianon Systems, Dynacare Northwest, and ARUP Laboratories, which pay $52,728, $47,721, and $46,252, 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

Revenue

$9.7B

Employees

52,000

Founded in

1978

Headquarters

Burlington, NC

Website

labcorp.com

Organization Type

Public

Is This Your Company?

The Team At Lab

Key People
  • Adam Schechter (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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What do people say about Lab

Work at Lab? Share your experience anonymously.

What do you like about working for Lab?

Lab Rankings

Lab is ranked #15 on the Best Companies to Work For in North Carolina 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.

Read more about how we rank companies.

Lab Salaries

How much does Lab pay?
The national average salary for a Lab employee in the United States is $34,999 per year. Employees in the top 10 percent can make over $53,000 per year, while employees at the bottom 10 percent earn less than $23,000 per year.
8.8
Salary Score
Average Employee Earnings

Lab Salaries By Job Title

While the average employee salary at Lab is $34,999, there is a big variation in pay depending on the role. Some of the positions that earn high wages at Lab include manager, researcher, chemist, and phlebotomy supervisor. A typical manager salary at Lab is $85,987. Some of the other roles at Lab are receptionist and cashier. A worker with the title receptionist at Lab earns an average salary of $25,682 per year.
Job Title
Title
ascdesc
Average Salarydesc
Manager
Salary Range64k - 114k$86k$85,987
Researcher
Salary Range63k - 93k$77k$76,890
Chemist
Salary Range58k - 85k$71k$70,803
Phlebotomy Supervisor
Salary Range56k - 77k$66k$66,104
Research Fellow
Salary Range49k - 66k$57k$57,446
Research Associate
Salary Range48k - 65k$56k$56,217
Doctoral Fellow
Salary Range44k - 57k$51k$50,901
Licensed Practical Nurse
Salary Range43k - 59k$51k$50,817
Medical Technologist
Salary Range44k - 53k$49k$48,968
Team Leader
Salary Range26k - 62k$41k$40,690
$26k
$114k

Lab Careers

On average, employees at Lab stay with the company for 2.9 years. Employees most commonly join Lab after leaving Quest Diagnostics. When they leave Lab, they most frequently get their next job at Quest Diagnostics.

Average Length of Employment

Lab
2.9 years

Top Employers Before Lab

Walmart
12.8 %

Top Employers After Lab

Walmart
11.7 %
Aerotek
6.2 %

Lab Employee Demographics

10.0
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

Lab Employees Education

Of the 52,000 employees at Lab, 10.6% attended HIS University. Employees at Lab most frequently majored in Medical Assisting Services, and most employees’ highest level of education is a Bachelors.

Do you Work At Lab?

Help us make this company more transparent.

Lab Employee Political Affiliation

Lab employees are most likely to be members of the Democratic Party. The largest donation made to a political party by a Lab employee was by Benjamin Miller. Benjamin Miller donated $7,500 to the Republican Party.

Employee Political Donations

NameascdescJob TitleascdescPartyascdescDonationascdesc
Benjamin MillerExecutive Vice President
Benjamin Miller
Executive Vice President
Executive Vice President
Republican Party
Republican Party
$7,500Republican Party
$7,500
Timon TranScientist
Timon Tran
Scientist
Scientist
Democratic Party
Democratic Party
$5,583Democratic Party
$5,583
Gavin CorcoranMD
Gavin Corcoran
MD
MD
Democratic Party
Democratic Party
$4,250Democratic Party
$4,250
Desmond SuterProject Manager
Desmond Suter
Project Manager
Project Manager
Republican Party
Republican Party
$3,000Republican Party
$3,000
Edward DodsonSenior Vice President
Edward Dodson
Senior Vice President
Senior Vice President
Republican Party
Republican Party
$2,500Republican Party
$2,500
Steve JonesExecutive
Steve Jones
Executive
Executive
Republican Party
Republican Party
$2,000Republican Party
$2,000
Lani SinclairWriter And Editor
Lani Sinclair
Writer And Editor
Writer And Editor
Democratic Party
Democratic Party
$1,500Democratic Party
$1,500
Art MontScientist
Art Mont
Scientist
Scientist
Democratic Party
Democratic Party
$1,272Democratic Party
$1,272
Stephen HoInformation Requested
Stephen Ho
Information Requested
Information Requested
Republican Party
Republican Party
$1,100Republican Party
$1,100
Claudio RamirezLaboratory Technician
Claudio Ramirez
Laboratory Technician
Laboratory Technician
Democratic Party
Democratic Party
$1,000Democratic Party
$1,000
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Lab Employment Videos

Lab Financial Performance

9.6
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 Endpoint Clinical, CTMS, and Covance. Employees at the parent company, Lab, earn $34,999. In comparison, the salaries at Endpoint Clinical, CTMS, and Covance are $90,605, $84,483, and $63,727.
Company
ascdesc
Average Salarydesc
Endpoint Clinical
Salary Range74k - 109k$91k$90,605
CTMS
Salary Range65k - 109k$84k$84,483
Covance
Salary Range47k - 86k$64k$63,727
Dianon Systems
Salary Range37k - 75k$53k$52,728
Dynacare Northwest
Salary Range34k - 66k$48k$47,721
Froedtert Memorial Lutheran Hospital
Salary Range28k - 53k$39k$38,965
$28k
$109k

Lab Competitors

Competitors of Lab include Dianon Systems, Dynacare Northwest, and ARUP Laboratories. The wages at Dianon Systems average higher than the other similar companies, where the median salary is $52,728 per year. Employees at Dynacare Northwest earn an average of $47,721 per year, and the employees at ARUP Laboratories earn an average salary of $46,252 per year.
Companydesc
Average Salarydesc
Dianon Systems
Salary Range37k - 75k$53k$52,728

Dynacare Northwest

Salary Range34k - 66k$48k$47,721
ARUP Laboratories
Salary Range35k - 60k$46k$46,252

Biomat USA

Salary Range34k - 60k$45k$45,346

Path Lab Holdings Inc

Salary Range30k - 59k$42k$42,329
Laboratory Sciences of Arizona
Salary Range31k - 55k$42k$41,599
Spectra Laboratories
Salary Range30k - 57k$42k$41,561

REGIONAL MED LAB

Salary Range30k - 55k$41k$41,350
Physicians Laboratory
Salary Range30k - 54k$41k$40,612
Quest Diagnostics
Salary Range28k - 54k$40k$39,602
$24k
$75k

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 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 Quest Diagnostics, Clinical Pathology Laboratories, ..., Clinical Laboratory Partners, ARUP Laboratories, Froedtert Memorial Lutheran Hospital, Dianon Systems, Dynacare Northwest, Oklahoma Blood Institute, Biomat USA, Octapharma Plasma, Associated Pathologists, Physicians Laboratory, REGIONAL MED LAB, Centrex Clinical Labs, Spectra Laboratories, Unilab, Compunet Clinical Laboratories, Path Lab Holdings Inc, Laboratory Sciences of Arizona, Mid America Clinical Laboratories.

Who works at Lab?

Adam Schechter (CEO)

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Updated December 31, 2020

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.

Lab may also be known as or be related to LAB CORP OF AMERICA HLDGS, Lab and Laboratory Corporation of America Holdings.