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
2.0
Feb 17, 2016

review

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

company events are kind of nice but rare

Cons

bad culture no chance for advancement

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Equity Residential Response
10y
We are sorry to hear that you feel that way. We encourage you to reach out to your Community Manager, Regional Manager or HR department to discuss the issues you are experiencing. Directly communicating with the company will be the best way for us to understand your experience and work with you on improving it.
3.0
Feb 14, 2016

Poor management

Recommend
CEO approval
Business Outlook

Pros

This company is not going anywhere, the business model makes the company more money than you could imagine. Unfortunately their strategy bleeds into the way they treat their employees as they Nickel and dime everyone at their review!

Cons

There is a complete disconnect between upper management and company representatives in the filed! Communication between regions is minimal causing company policy and procedure to blur between regions and even between properties!

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Equity Residential Response
10y
We appreciate you taking the time to give feedback on your experience. We understand that sometimes things are different between regions and properties based on the needs of that market. We have a diverse portfolio and a "one size fits all" approach is not always realistic. Equity Residential prides itself on taking educated risks and pushing the bar higher - this means that we are constantly changing, however, we value the people who work hard to make us the leader in the industry that we are. We invite you to contact your local HR Director if you have specific concerns you would like to discuss in a confidential setting.
1.0
Feb 13, 2016
Recommend
CEO approval
Business Outlook

Pros

Getting to talk to people and help them find their next home. Interacting with residents and getting to know the people who live in the community.

Cons

This company is essentially the "Stepford Wives" of business. You will not find a faker group of people in any industry. Ever. To call management incompetent would be a massive understatement, and if that's not bad enough, they refuse to be accountable for their nonsensical behavior and blatant lies and errors. Every property manager that I met spent more time gossiping about their residents than doing anything else, which is quite frankly just bad business and morally bankrupt. The work itself is terribly dull and often includes a great deal of busy work. The property managers bark orders with a smile and have you complete utterly pointless tasks just for the sake of them being in charge. I could go on and on. I can't say that these things are true of every location, but I will say this, never trust a company that throws a christmas party and won't even spring for drinks. ($15 for a budweiser at a holiday party? Seriously? That's a good indication of how much they care about their people). What I can say about the company as a whole is that the benefits are terrible. I had to drive 15 miles to get medication because their insurance only works with two pharmacies. You get one week of vacation after 6 months, and you don't get any real vacation until 5 or 6 years. The 401K matching is an utter joke. The incentives are terrible (you will also compete with your manager for commissions, because that makes sense). Very poor benefits. If you desperately need a paycheck, work for Equity as a last resort. If you can avoid it, for your own sanity, please do.

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Equity Residential Response
10y
We are very sorry to hear that you feel this way. Please contact HR at 202-971-7088 as we would appreciate the opportunity to discuss your concerns and experiences more specifically.
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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.