Equity Residential reviews

4.2

79% would recommend to a friend

(1,118 total reviews)
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Mark Parrell

87% approve of CEO

74% positive business outlook

Equity Residential has an employee rating of 4.2 out of 5 stars, based on 1,118 company reviews on Glassdoor which indicates that most employees have an excellent 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
Aug 1, 2011
Recommend
CEO approval
Business Outlook

Pros

Benefits, annual activities, Having a steady job, housing discount

Cons

No real employee engagement endeavors, even though there is an annual employee engagement survey (such a joke). It seems as though Equity does not care if they lose their best workers, everyone is replaceable. No consideration is given to how decisions will affect employees, the only focus is the bottom line. Most people are overworked. If someone quits or gets fired, they take forever to replace that person and only if they absolutely have to. But in the meantime you will be given hell about audit compliance and metrics when you are just trying to stay afloat. Anything can change at any moment about your job requirement, compensation, job title, etc. I would suggest Equity being a last resort, or a temporary gig until you find something better.

4.0
Jul 6, 2011
Recommend
CEO approval
Business Outlook

Pros

Equity is up to date on technological advances and going green-electronic leases, application process etc. They spend the money to keep properties looking great. They have extremely high standards for their employees and properties which keep everyone looking sharp. Great managers and employees. They are very good at recognizing their top performers in the field.

Cons

Managers stay with Equity a very long time leaving few positions for other employees to grow into.

1.0
Jun 8, 2011
Recommend
CEO approval
Business Outlook

Pros

great benefits stock options discounts with vendors software advancements

Cons

Your raise every year is predetermined and not negotiable, your commissions are sometimes discretionary- not every manager pays out every commission. Some former employees were terminated with one story and then told unemployment offices a different story. Property or regional/area managers can prevent you from changing properties or applying for promotions. If you live at an Equity Property and get terminated, you have 7 days to move out.

Viewing 1087 - 1089 of 1,118 Reviews

Glassdoor has 1,163 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.