Company Profile
O'Reilly Auto Parts
Company Overview
O'Reilly Auto Parts is a Fortune 500 company with 58 straight years of continuous growth and over 71,000 team members at more than 4,500 stores and 26 distribution centers in 44 states. We are determined to be the leader in the auto parts industry and believe that our team members are the most important asset in our business.
Company History
It started with two men - C.F. and Chub O’Reilly. Together they had the courage and the confidence to strike out on their own. They gathered together 11 others who shared the same desire to offer great customer service and auto parts availability and opened the doors of O’Reilly Automotive, Inc. on December 2, 1957.
Now, more than 58 years later, the more than 71,000 team members at O’Reilly Auto Parts are proud of the growth and success we’ve experienced over the years.
During our early years, we focused on sales and slow and steady growth. At the end of our first year, sales totaled $700,000, and by 1961 these sales reached $1.3 million. For the first seven years of operation, our first store in Springfield, MO was our only store until the second one opened in July 1965.By March of 1975, we had nine stores, annual sales of $7 million, and opened our new 48,000 square-foot warehouse, also in Springfield.
The long range plans and stability of the company were solidified by a public offering of company stock in April 1993. Since that time, the Company has grown through the opening of new stores, as well as through numerous mergers and acquisitions. We currently operate stores in 44 states, including Alaska and Hawaii.
Dramatic changes in technology, inventory control, facilities, and sheer size mark the O’Reilly growth and success story. But, it is our spirit of teamwork - how important it was then and how important it remains now - that drives our performance. The company values and culture that started with a man and his father remain evident and strong in the growth and success of today’s Team O’Reilly.
We serve two distinct customer bases - the professional (installer) customers who provide auto repair services to their customers (DIFM - do it for me), and retail ”walk-in” customers (DIY - do it yourself). This dual-market strategy continues to differentiate us from our competition and is a major factor in our ongoing success. Depending on the store’s professional versus retail customer mix, over 95% of our locations have team members who are dedicated to our professional customers, offering them separate counters, phone lines, and a delivery fleet in excess of 12,190 vehicles. We also have a professional sales team, consisting of territory sales managers and in-store sales specialists, responsible for calling on our professional customers and building sound business partnerships that ensure O’Reilly is the First Call for their auto parts needs.
Benefits
At O’Reilly Auto Parts, we place great value on our team members and the importance of working as a team to drive our company’s success. All full time team members are eligible for a benefits package that is designed to offer convenience and security to our team members and their families. Part Time team members are not eligible for O’Reilly benefits but do have access to a limited benefits package through a third party company who has partnered with O’Reilly.
*Medical - O’Reilly offers three PPO plans designed to offer coverage for medically necessary services with varying contribution rates, deductible amounts and co-insurance or co-pay amounts. We also offer HMO plans for our team members in California and Hawaii.
*Dental - O’Reilly offers two dental plans to eligible team members. Preventative services are covered at 100% on both plans.
*Vision - O’Reilly team members may choose between two vision plans, both offering a nationwide network of providers. Covered services are exams, glasses, and contacts.
*Life Insurance - After meeting eligibility requirements, full time team members are provided with a company paid life insurance plan and have the option of purchasing additional term life coverage or Accidental Death & Dismemberment coverage for themselves and their dependents.
*Disability - Short term and long term disability plans are available to offset lost income due to an accident or illness.
*Accident & Critical Care Insurance - Accident and critical care insurance is available to provide lump sum cash benefits as a result of experiencing a covered accident or critical illness.
*401(k) Savings Plan - O’Reilly offers a 401(k) plan with company match.
Stock Purchase Plan - Team members may elect to purchase O’Reilly stock at a discounted price per share.
*Employee Assistance Program - O’Reilly team members may seek services from the employee assistance program for a variety of personal needs including but not limited to counseling, legal, and financial assistance.
*Flexible Spending Accounts - Health Care and Dependent Care Flexible Spending Accounts (FSAs) are available during the annual open enrollment.
*Team Member Purchase Discounts - O’Reilly team members may purchase products sold by the company at a special discount. Discounts vary depending on the product.
*Wellness - Throughout the year O’Reilly offers a variety of programs to help our team members improve their overall wellness.
*Entitlements - Full time O’Reilly team members will be awarded vacation, sick and personal time based upon their years of services.
*Holiday Pay - Eligible team members will receive six paid holidays plus a floating holiday each year.
*Payroll Direct Deposit - Team members have the option to be paid through direct deposit or pay card.
*Legal Services - Team members may elect to enroll in a legal services plan that provides access to a nationwide network of attorneys to assist with matters such as wills, bankruptcy, traffic tickets, divorces and much more.
*Identity Theft Protection - O’Reilly also offers an Identity Theft plan that will monitor your credit and identify possible fraudulent activity.