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
Feb 25, 2015

Great Career Opportunities

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Large, stable company, Ability to promote within, Located in many different cities, Great training and support teams, Amazing product

Cons

Pay isn't based on merit and personal value to the company, High turnover, Long hours for salaried employees

2.0
Feb 23, 2015
Recommend
CEO approval
Business Outlook

Pros

Equity is the largest REIT in the country which is great for your resume or starting a career in Real Estate. Depending on the property you work at, you can and will learn a lot from the building, your co-workers/managers and the tenants themselves. I would recommend a Leasing Consultant job to anyone who has graduated High school and wants real estate, sales or customer service experience. Great Employee stock share purchase plan, 15% discount. Health Plan, not bad Rent Discount if you live in a company property - 20% (should be higher..)

Cons

Being the largest, it also comes with a handful of cons. Employee moral and climate vary from property to property. The worst is the schedule. Work life balance is non-existent and even though you get 7-10 holidays/PTO it often times is denied by managers when requested. Weekends are required at every property. Friday, Saturday, many Sundays too. Mid-level management positions have been eliminated making it nearly impossible to advance unless you possess accounting skills. Overtime is necessary during busy seasons but highly frowned upon by managers who are charged with balancing a property budget (ie. Overtime pay kills their budget). If you are unlucky and get a bad community or property manager you will be miserable. All training is baptism by fire or on the computer, so, not effective. Finally, it is a public company so the top 3 priorities of senior management is 1) Stockholders, 2) Stockholders, 3) Earnings report for Stockholders

Viewing 970 - 972 of 1,121 Reviews

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.