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 $61,270 per year. Pay at Lab is significantly lower than some of its highest paying competitors, like Sequenom, Becton Dickinson and Company, and Covance, which pay $82,535, $77,419, and $74,152, 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

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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 #84 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 $61,270 per year. Employees in the top 10 percent can make over $108,000 per year, while employees at the bottom 10 percent earn less than $34,000 per year.
9.3
Salary Score
Average Employee Earnings

Lab Salaries By Job Title

The average employee at Lab earns a yearly salary of $61,270 per year, but different jobs can earn drastically different salaries. Some of the positions that earn high wages at Lab include Application Software Developer, Team Leader, Senior Information Technology Specialist, and Quality Assurance Manager. A worker with the title Application Software Developer salary at Lab can earn an average yearly salary of $120,040. To get a better sense of the salaries at Lab, other roles such as Cashier and Medical Receptionist can be considered as well. For comparison, the title Cashier at Lab earns $22,314 per year.
Title
Average
Application Software Developer
Application Software Developer
$120,040
$120k
Team Leader
Team Leader
$115,367
$115k
Senior Information Technology Specialist
Senior Information Technology Specialist
$114,687
$115k
Quality Assurance Manager
Quality Assurance Manager
$114,025
$114k
Software Development Engineer
Software Development Engineer
$111,110
$111k
Information Technology Project Manager
Information Technology Project Manager
$109,857
$110k
Senior Programmer Analyst
Senior Programmer Analyst
$108,913
$109k
SQL Database Administrator
SQL Database Administrator
$102,456
$102k
Lead Project Analyst
Lead Project Analyst
$101,810
$102k
Quality Assurance Engineer
Quality Assurance Engineer
$98,107
$98k

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
Sequenom1.9 years
Top Employers Before Lab
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Top Employers After Lab
AT&T7.8 %
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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 Endpoint Clinical, Chiltern International, and Sequenom. Employees at the parent company, Lab, earn $61,270. In comparison, the salaries at Endpoint Clinical, Chiltern International, and Sequenom are $98,626, $91,732, and $82,535.
Company
Average Salary
Endpoint Clinical
Endpoint Clinical
$98,626
$99k
Chiltern International
Chiltern International
$91,732
$92k
Sequenom
Sequenom
$82,535
$83k
CTMS
CTMS
$76,798
$77k
Covance
Covance
$74,152
$74k
Dianon Systems
Dianon Systems
$64,557
$65k
Cellmark Forensics
Cellmark Forensics
$61,728
$62k
Dynacare Northwest
Dynacare Northwest
$46,515
$47k
Froedtert Memorial Lutheran Hospital
Froedtert Memorial Lutheran Hospital
$46,293
$46k

Lab Competitors

Some of the competitors of Lab are Sequenom, Becton Dickinson and Company, and Covance. The average salaries at Sequenom rank the highest, with their employees earning an average salary of $82,535 per year. Employees at Becton Dickinson and Company earn an average of $77,419 per year, and the employees at Covance earn an average salary of $74,152 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 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 ARUP Laboratories, Covance, Sequenom, Dianon Systems, Quest Diagnostics, Froedtert Memorial Lutheran Hospital, Cellmark Forensics, Mayo Collaborative Services, Fred Hutch, Clinical Laboratory Partners, Dynacare Northwest, Becton Dickinson and Company, Dana-Farber Cancer Institute, UnitedHealth Group, MANHATTAN PHYSICIANS LAB, Jackson Laboratory, Clinical Pathology Laboratories, ..., Solstas Lab Partners Group, Bio-Reference Laboratories, Antech Diagnostics.

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.