Equity Residential reviews

4.0

76% would recommend to a friend

(1,121 total reviews)
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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
3.0
Jan 16, 2017

Great company when it was Archstone...

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Archstone was a phenomal company overall and I don't think we will see another powerhouse again in our lifetime.

Cons

The culture and overall experience was much better when it was Archstone. EQR is not as focused on the associate experience.

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Equity Residential Response
9y
Hello, and thank you for your review. To clarify, Equity Residential and Archstone were never the same company; in 2013, Archstone was bought by Equity Residential and AvalonBay. We always admired Archstone’s people and product, so we were thrilled to welcome so many of their talented employees and beautiful properties into our already strong and well-established company and portfolio. We believe strongly in our core values, which have been in place since we went public in 1993. While we do not plan to re-define ourselves as a company, it is our ever-present mission to continuously raise the bar for ourselves and improve in anyway we can. Archstone and Equity had two very different business models and operating platforms, which is almost always the case when you compare a private company (Archstone) to a publicly traded real estate investment trust (Equity). We recognized before, during, and after the acquisition that these differences would be a challenge for many former Archstone employees to navigate, and while we made every effort to ease the pains of the transition, we also recognized we would not be a fit for everyone. We are sorry to hear that you did not have a better experience with your own transition, and we wish you all the best.
4.0
Jan 9, 2017
Recommend
CEO approval
Business Outlook

Pros

Good support team. Large company

Cons

Work load is overwhelming and hours are long.

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Equity Residential Response
9y
Thank you for taking the time to share your thoughts on your experience with Equity. We are glad to see that there are things you enjoy about the company, particularly the team collaboration and career opportunities. Regarding your comment on workload and hours, we recognize that establishing and maintaining a healthy work-life balance is an ongoing challenge for many employees, particularly those in corporate roles who do not have set hours and frequently juggle multiple priorities. We encourage you to maintain an open dialogue with your supervisor and colleagues about this, and we hope that things will improve in that area.
5.0
Jan 5, 2017

Work Hard Play Hard

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Equity is a great place to work. There is a lot to learn because the company has many policies, procedures and overall structure. But once you learn everything, you know exactly what is expected of you. There are many resources at your finger tips and everyone has an open door policy. I am comfortable reaching out to Senior Leaders if needed. If you work hard, you can have a great career here. Promotional opportunities are competitive and I had to interview a few times before getting one. But I continuously worked with my Manager so that I was ready for the next opportunity.

Cons

You have to work hard at Equity - this is not a company where you can do the minimum and expect maximum results. It would be nice to have more floaters to help at properties that need assistance to cover vacations, open positions, etc. That would help prevent getting a little burnt out when understaffed. The pros definitely more than outweigh the few cons!

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Equity Residential Response
9y
Wow - thank you so much for your thoughtful, motivating, and positive review! You articulated the dynamics of our culture and our business model so well - both the challenges and the rewards. We are thrilled to hear that your love of the company has kept you here for 8 years (and counting), and that you persevered in your pursuit of promotional opportunities until it paid off. You are spot on in your acknowledgment of the competitive nature of working alongside so many talented co-workers and the need to communicate frequently with your manager to prepare yourself for advancement; we hope you will continue to share this advice with friends and colleagues across the company. And finally, we love the title of your review: “Work Hard, Play Hard.” As a company, we love to have fun and to celebrate accomplishments, but we love the hard work that goes into those achievements just as much. Thank you again for your uplifting words, and we look forward to many more years with you as a contributing member of Equity’s success!
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