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
Jul 22, 2015
Recommend
CEO approval
Business Outlook

Pros

Great benefits, excellent property management software, plenty of learning opportunity, constant training, company outings.

Cons

Pay is not enough for all the work they will put on you, very clicky environment, they will promote those that are "liked" by area or regional managers, not necessarily the most capable of doing a designated job, claim to be customer service oriented, very greedy company, it's all about $$$

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Equity Residential Response
10y
Thank you for your feedback. We are glad to hear that you enjoyed many aspects of your experience with Equity. Regarding pay and promotions, we do our best to reward success and to acknowledge a job well done.
4.0
Jul 22, 2015

Good Experience! Great Stories

Recommend
CEO approval
Business Outlook

Pros

The industry itself is pretty fast paced, so days are never short. There is always something to do, and some conflict to resolve. It is a pretty active position, which requires you to be on your feet, which is nice. It is not a desk job. Another added bonus is a late start, with 9:00am typically being the earliest. This allows for long mornings (and long nights!). Equity has a lot of resources as far as software and programs which helps make the position easier. Benefits are great for the industry. And you can meet many colleagues, throughout the geographical area.

Cons

Residents are just the worst! This is an intimate brand of customer service that can really wear you down emotionally. That, coupled with corporate pressures makes the stress to salary scale, imbalanced. Lastly, working weekends. With this position, you will want to work weekends for commissions.

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Equity Residential Response
10y
Hello, We’re happy to hear that you enjoyed your experience with Equity. With any service driven company, each interaction with a customer can be different or even challenging at some times. However, by creating effective teams and providing dependable resources, we strive to make sure our employees are prepared and confident.
2.0
Jul 22, 2015
Recommend
CEO approval
Business Outlook

Pros

Great benefits, great coworkers. Large stable company who own and manage their own properties. Systems are up to date with new technology making it easier to manage your property. Training is a focus. Outings are fun.

Cons

The company has shifted in a direction that only cares about the bottom line. Employees are not valued nor are our residents! It's all about the money. It is understood that Equity is a REIT and we must do our best to make money for our shareholders. However, where is the balance? Extreme micro managing from corp level who only harps on what you can do better. Never focusing on what you have done well. There is a sense of a pompous tone from corp. Make money!! Even it means low annual increases for employees. And don't move on property because your increases will be just as high as residents! It seems the newly hired employees benefit the most with regards to compensation. Just wondering how many people need to leave for someone to see what's going on. Even new employees feel blindsided in comparison to what they were told and the reality of the way it is.

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Equity Residential Response
10y
Thank you for your feedback. We're pleased to hear that you enjoyed your teammates and company functions. However, we are sorry that you felt micromanaged and for your feelings that the company only cares about the bottom line. While it is true that senior leaders are passionate about the company, its success, delivering great customer service and creating a culture of accountability, no one likes to feel micromanaged. We like to think there can be a balance and are sorry you don't feel that it was true for you.
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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.