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
4.0
Nov 10, 2015

Service Director

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Excellent company with great benefits and people.

Cons

The team concept has been diminished over the years.

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Equity Residential Response
10y
Thank you for taking the time to review your time with Equity. We couldn't agree more with you that we have amazing people here at Equity and focus strongly on playing to win as one team.
5.0
Nov 5, 2015
Recommend
CEO approval
Business Outlook

Pros

I have been with EQR for a short time but in that time I have been amazed by the team oriented approach. In my long history of Property Management I have not witnessed such a consistent message of TEAM. Everything is measured and promotion and pay is driven by performance. Therefore you control your career. Leadership is accessible and will actually take to time to listen.

Cons

Not necessarily CONS but something to consider because EQR isn't for everyone. Everything is measured. (Because if it's important... it SHOULD be measured) Lean staffing. No real CONS.

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Equity Residential Response
10y
We are so happy that in your short time with us that you have been able to capture what we hope our people feel everyday- being connected to a team that supports them and drives them forward in their development. We hope that you continue to excel in your career with Equity and thank you for your hard work every day.
3.0
Nov 5, 2015
Recommend
CEO approval
Business Outlook

Pros

Great bonus program, great benefits, ability to influence how much you'd pay for Health insurance by participating in 3rd party program "Vitality".

Cons

Miser raises once a year. If you want bigger raise - get promoted a step up. Not many promotions are available though. Hourly pay is not compatible with competitors. Corporate has a huge disconnect with field employees but ask a world from them. Company took away power to make decisions from local management, now everything has to be approved by RMs or RFMs. Lots of things changed since the time I started with Equity. Micromanagement is the hardest thing to get adjusted to. They ask us to put all this info into all these forms/fields/tickets, etc. saying that they just made our life easier however they do not consider that it takes a lot of time for us field folks to track all info and we have been constantly nagged about time management. Properties are understaffed, overtime is frowned upon and god fobid you are over by 2 minutes, you have to write an explanation...

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Equity Residential Response
10y
Hello, We want to start by recognizing that the recently announced sale of several properties has been an emotional experience for us all. Although, as noted, the sale will include all of our Denver properties, our employees were not "sold." Great care has been taken to ensure that our employees will be offered employment with the new management company. We always credit our management and community teams for making our customers lifelong and loyal. Regarding your comments about having actions be approved by senior leaders, accountability for financial actions on the properties have been put in place to ensure consistent practices across our entire portfolio. Your feedback is appreciated and we encourage you to share this with your local leadership group. We wish you well and nothing but the best as we transition ownership of these communities.
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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.