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Laboratory Corporation of America Holdings overview

Industry
Health Care
Revenue
Headquarters
Employees
72,000
Founded In
Website
Organization Type
Public
Social Media
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 Laboratory Corporation of America Holdings come from unusually diverse demographic backgrounds. The company is 72.0% female and 40.9% ethnic minorities. Laboratory Corporation of America Holdings employees are slightly more likely to be members of the Democratic Party than the Republican Party, with 56.0% of employees identifying as members of the Democratic Party. Despite their political differences, employees at Laboratory Corporation of America Holdings seem to be happy. The company has great employee retention with staff members usually staying for 5.4 years.The average employee at Laboratory Corporation of America Holdings makes $41,348 per year, which is competitive for its industry and location. Some of its highest paying competitors, UnitedHealth Group, ARUP Laboratories, and Quest Diagnostics, pay $51,208, $51,145, and $42,792, respectively.
Laboratory Corporation of America Holdings is an industry leader with 72,000 employees and an annual revenue of $14.0B that is headquartered in North Carolina.

Laboratory Corporation of America Holdings's Mission Statement

To improve health and improve lives by delivering world-class diagnostics, accelerating the availability of innovative medicines to patients, and using technology to change the way care is delivered.

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3.9/5

Laboratory Corporation of America Holdings employee reviews

Based on 12 ratings

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Job openings at Laboratory Corporation of America Holdings
2,317 Positions
Average salary at Laboratory Corporation of America Holdings
$41,348 yearly

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Laboratory Corporation of America Holdings employee reviews

Laboratory Corporation of America Holdings employee reviews
3.9/5

Based On 12 Ratings

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Employee Reviews
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3.0
A zippia user wrote a review on Apr 2023
Pros of working at Laboratory Corporation of America Holdings

Diversity

Cons of working at Laboratory Corporation of America Holdings

Poor leadership skills at the lower level of management. Favoritism in selection of supervisors. Level of education is inadequate for some of the leadership positions.

Laboratory Corporation of America Holdings Benefits

Quarterly incentives.

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3.0
A zippia user wrote a review on Mar 2023
Pros of working at Laboratory Corporation of America Holdings

I love that I'm providing patient care behind the scenes

Cons of working at Laboratory Corporation of America Holdings

I don't like that I have been working there 13 + years and I feel like I have worked to hard not to have been moved up to a better position in the company

Laboratory Corporation of America Holdings Benefits

PTO

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4.0
A zippia user wrote a review on Jan 2023
Pros of working at Laboratory Corporation of America Holdings

Pay and benefits. You’re off on holidays. It’s Monday thru Friday 8-5

Cons of working at Laboratory Corporation of America Holdings

Management they have their preferences and they baby them. They only see out for them and not everyone. Management needs a lot of Improvement. New Management needed

Laboratory Corporation of America Holdings Benefits

Benefits they give you discounts on flights cars, travel, phone. It has a lot of positives but management needs improvement

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4.0
A zippia user wrote a review on Jan 2023
Pros of working at Laboratory Corporation of America Holdings

Pay and benefits. You’re off on holidays. It’s Monday thru Friday

Cons of working at Laboratory Corporation of America Holdings

Management

Laboratory Corporation of America Holdings Benefits

Benefits

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5.0
A zippia user wrote a review on Sep 2021
Pros of working at Laboratory Corporation of America Holdings

Assistance in laboratory

Cons of working at Laboratory Corporation of America Holdings

outside departmental work.

Laboratory Corporation of America Holdings Benefits

Laboratory practical's and maintenance

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The team at Laboratory Corporation of America Holdings

  • The founders of Laboratory Corporation of America Holdings is Matthew Benger.
  • The key people at Laboratory Corporation of America Holdings are Adam H. Schechter and Matthew Benger.
Key People
Adam H. Schechter
Matthew Benger
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.

Laboratory Corporation of America Holdings Rankings

Laboratory Corporation of America Holdings is ranked #7 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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Laboratory Corporation of America Holdings salaries

The average a Laboratory Corporation of America Holdings salary in the United States is $41,348 per year. Laboratory Corporation of America Holdings employees in the top 10 percent can make over $78,000 per year, while Laboratory Corporation of America Holdings employees at the bottom 10 percent earn less than $21,000 per year.
Average Laboratory Corporation of America Holdings Salary
$41,348
yearly
$19.88 hourly
Updated March 14, 2024

Evaluate Laboratory Corporation of America Holdings' commitment to diversity and inclusion.

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Laboratory Corporation of America Holdings diversity

9.9
Diversity Score
We calculated Laboratory Corporation of America Holdings’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Laboratory Corporation of America Holdings’s workforce.
Laboratory Corporation of America Holdings diversity summary. Zippia estimates Laboratory Corporation of America Holdings's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Laboratory Corporation of America Holdings's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Laboratory Corporation of America Holdings's workforce.
  • Laboratory Corporation of America Holdings has 72,000 employees.
  • 72% of Laboratory Corporation of America Holdings employees are women, while 28% are men.
  • The most common ethnicity at Laboratory Corporation of America Holdings is White (59%).
  • 15% of Laboratory Corporation of America Holdings employees are Hispanic or Latino.
  • 14% of Laboratory Corporation of America Holdings employees are Black or African American.
  • The average employee at Laboratory Corporation of America Holdings makes $41,348 per year.
  • Laboratory Corporation of America Holdings employees are most likely to be members of the democratic party.
  • Employees at Laboratory Corporation of America Holdings stay with the company for 5.4 years on average.

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Laboratory Corporation of America Holdings Financial Performance

9.8
Performance Score

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

Laboratory Corporation of America Holdings currently has 14.9B in revenue. Laboratory Corporation of America Holdings's most recent quarter produced 3.1b (q3'2023).

Laboratory Corporation of America Holdings annual revenue

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Highest paying Laboratory Corporation of America Holdings competitors

Compare Laboratory Corporation of America Holdings salaries to competitors, including UnitedHealth Group, ARUP Laboratories, and Quest Diagnostics. Employees at UnitedHealth Group earn the highest average yearly salary of $51,208. The salaries at ARUP Laboratories average $51,145 per year, and the salaries at Quest Diagnostics come in at $42,792 per year.

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Zippia gives an in-depth look into the details of Laboratory Corporation of America Holdings, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Laboratory Corporation of America Holdings. The employee data is based on information from people who have self-reported their past or current employments at Laboratory Corporation of America Holdings. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. 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. None of the information on this page has been provided or approved by Laboratory Corporation of America Holdings. The data presented on this page does not represent the view of Laboratory Corporation of America Holdings and its employees or that of Zippia.

Laboratory Corporation of America Holdings may also be known as or be related to Laboratory Corporation of America Holdings, Labcorp and LabCorp.