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
Dec 4, 2010
Recommend
CEO approval
Business Outlook

Pros

Benefits are great (401K, medical, etc..). 20% rent discount for employees. Consistently acquiring new properties in larger markets creating more job opportunities.

Cons

Senior Management has forgotten that people, not computers work for them. They are all about the numbers and nothing more. You have to be 'in' with upper management to be promoted and be prepared to have your job title changed at any time so you can get paid less for doing the same job. You may be asked to take a position you do not necessarily want with the promise of something better down the road, don't fall for it. You will get stuck there. They do not care about their employees only about how much money that employee can make them. They do not care about their residents and they will nickle and dime them without a care in the world. After five years and seeing things only go downhill, I am in the process of looking for employment elsewhere!

2.0
Jan 15, 2012
Recommend
CEO approval
Business Outlook

Pros

Good benefits, time off. Financial backing to complete projects, have acceptable appearance of locations and maintenance of sites in customer service industry where impressions are important.

Cons

There is a lack of understanding of what happens at the apartment property sites. The last year has seen elimination of titles trying to copy similar companies, without understanding each employee's function. Job descriptions or duties did not change, but bonuses and pay were cut. Lack of understanding of PM role (salaried), which causes the company to leak money in the millions. Average salaried employee works 30 hours per week, sometimes less, while most of corporate America usually relies on salaried employees to pick up the slack. With over 10% unemployment in our culture, good replacements cannot be attracted or hired for most positions, as the replacement will be actually running the site at a very modest pay. Best practices are not followed (or passed along).

1.0
Oct 11, 2011

Not a long term Company

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

sales meetings. employee holiday party. community service.

Cons

unfairness towards employee's who try to do the right thing. only promote people who are the favorites from the regional managers even though you have more experience. drop your pay or title when it suits the company, Upper management does not really listen to what is going on, numbers come first above employee's and residents issues.A lot of great employee's have jumped ship in the past year. Not many employee's who work there past 5 or more years. High turn over.

Viewing 1093 - 1095 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.