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
2.0
Jul 13, 2022
Recommend
CEO approval
Business Outlook

Pros

The office primarily uses Google Suite which was amazing! WFO, office optional. Very laid back. Low work load. Month end was typically easy.

Cons

The company only cares about the bottom line and not its tenants. Most employee's cannot afford to live in the apartments they manage, not even with the company discount. Health insurance REQUIRES everyone on the plan to exercise (even non-employee members i.e. spouse) and report workouts in order to lower your health insurance bills. The company save money the more all colleagues report workouts, and weight-loss. Although the actual reporting is private it still seems a bit invasive. Either give this discount or don't, but requiring all insurees's household to follow a fitness plan is intrusive.

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Equity Residential Response
3y
Thank you for sharing your perspectives. Equity Residential values all of our employees, at all levels of the organization. We recognize all of the hard work and dedication that our teams provide and acknowledge top notch performance through a variety of rewards and awards. Our employees have shared a wide range of opinions related to our wellbeing program. We encourage all of our team members to chat with their local HR team, or with their respective Equity Values Council Rep to learn more about the program, as this program is in place to encourage a culture of Total Wellbeing, and to help our employees and their families get ahead of potential health concerns. Thank you again for taking the time to share your thoughts.
2.0
Feb 2, 2022
Recommend
CEO approval
Business Outlook

Pros

team building pay and commission Company technology

Cons

Not as much flexibility in the schedule as advertised. They make you switch to "other projects" aka get yelled at by residents for how much they are charging for their new lease.

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Equity Residential Response
4y
We appreciate you highlighting so many positives, such as compensation, technology and team building - thank you! We encourage you to speak with your manager regarding your schedule and project assignments, as they would be able to speak directly to your specific role/position and address any misunderstandings. Please know that while Equity wants employees and residents to feel heard and valued, if communication becomes disrespectful, you should notify your manager immediately.
4.0
Sep 21, 2021
Recommend
CEO approval
Business Outlook

Pros

If you work hard, you will be rewarded. You can easily make property management a life long career - lots of room for growth.

Cons

While Equity did a great job during the pandemic, the work/life balance that was provided and the push for mental health awareness has seemed to disappear. Gone are the days in which people have the option to work from home. Many of us had performed and kept the building running while working from home so why now the change? Of course in our industry, being present as a manager is a necessity at times but why not offer WFH 1 - 2 days per week. It seems that Equity is now "back to business" and does not care about mental health any longer. We are still in a pandemic, we still are stressed, we still are not back to "normal life'. Many employees wish that Equity could move forward with the times and revisit schedules, wfh opens, etc. This will entice new employees to apply, engage current employees & increase morale.

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Equity Residential Response
4y
We appreciate you and your focus on both work/life balance and mental health, as these are two very important focal points for Equity Residential. In fact, our Equity Values Council just recently launched “21 Days of Mindfulness”, a company-wide initiative that focuses on prioritizing Emotional and Mental Wellbeing. In addition to ongoing communication and reminders about the Employee Assistance Program that we offer, we also recently introduced #LeaseOnLife, a campaign to highlight various mental and emotional wellbeing topics, such as anxiety, stress, depression, and burnout. Please know that we absolutely care about the mental well-being of our employees, and are committed to offering services and initiatives that will continue to support this important component of total wellbeing. Equity is committed to providing a healthy and safe workplace, following CDC (and local/county/city) guidelines. While there may have been specific instances throughout the pandemic in which members of our onsite teams were able to work from home, those unique accommodations were outside of our standard operating practices, as we are part of an industry in which asset management, as well as face to face interactions with our customers, are necessary. With that being said, office hours and schedules are constantly being reviewed by our senior leaders, to see if there are any opportunities to make changes while balancing operational needs.
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