Equity Residential reviews

4.0

76% would recommend to a friend

(1,121 total reviews)
avatar

Mark Parrell

87% approve of CEO

72% positive business outlook

Equity Residential has an employee rating of 4.0 out of 5 stars, based on 1,121 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Equity Residential employee rating is in line with the average (within 1 standard deviation) for employers within the Real Estate industry (3.6 stars).

Reviews by job title

1K reviews
5.0
Jun 18, 2018
Recommend
CEO approval
Business Outlook

Pros

Work/Life Balance, well kept communities, superb reputation

Cons

Do not feel empowered as leader of the community; sometimes decisions are not fully explained

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Equity Residential Response
7y
Hello, and a belated thank you for taking the time to share your perspective with us here! We are so happy to see that your overall review of the company is so strong; however, we are disappointed to hear that at times you do not feel empowered. As we are sure you have heard many times since joining us, being a publicly traded company does have an impact on our day to day business operations and strategy, which can create a challenging balancing act at times. We want our leaders to be true subject matter experts with strong business acumen and decision-making authority; we know you know your community and residents better than anyone! With that being said, we have a level of accountability to our shareholders, which does require that a certain degree of checks and balances are put into place for decision-making. We never want our employees to feel in the dark about why a decision was made; if you feel leadership is moving too fast and neglects to communicate the “why,” please don’t hesitate to ask for clarity. In return, we will commit to striving for ongoing improvements in proactive communication. Thank you for all that you do!
5.0
Jun 15, 2018

Leadership really cares

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

A professional company built to recognize and reward top performers with leadership that "gets it". We recently had Town Hall meetings in every market and every employee had the opportunity to listen to our leaders and ask ANYTHING they want. Best of all our leaders cared to listen.

Cons

There are great resources for help but sometimes the layers get in the way and can feel bureaucratic at times to get things done.

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Equity Residential Response
7y
What a fantastic validation of our efforts to make our employees — our most valuable resource — feel seen and heard. Thank you so much for sharing this inspiring message. The Town Hall meetings are truly the highlight of our senior leaders’ year! Nothing energizes or inspires them more than hearing from all of you, and as you said, they were truly listening, and not just hearing. In the months that follow Town Halls, there’s a tremendous amount of follow-up meetings, discussions, research, and new initiatives that take place. We get our best ideas from you and your colleagues in the field! As for your noted “cons” and advice, you are not alone in raising these points. While we are self-aware of this feedback, we see that we still have some work to do to make you and your teammates feel more empowered, or at least to better communicate the why behind our processes. Thank you for the feedback, and please keep speaking up! And most importantly, thank you for your 10 years of service. We are honored that you have chosen to commit your career to us, and we look forward to many more years together.
5.0
Jun 14, 2018

Happy Employee!

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Everyone does want you to succeed Sense of family and a bonded team

Cons

Can often be stressful Rent expensive but discount is a huge help

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Equity Residential Response
7y
You being a happy employee makes us SUCH a happy employer! Thanks so much for the fabulous compliment of your five-star review. We’re so pleased to hear your comments on your team and that you feel supported. We also appreciate your advice and assure you we will continue to do just that. Thanks so much, and keep up the great work!
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Glassdoor has 1,166 Equity Residential reviews submitted anonymously by Equity Residential employees. Read employee reviews and ratings on Glassdoor to decide if Equity Residential is right for you.