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
Oct 19, 2019

Great benefits, but watch your back

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

There is an amazing sense of comraderie among the property teams with people always willing to go above and beyond to help you. The benefits are bomb with a 4% 401K match, ESPP options, adoption money up to $20k and fertility treatment up to $20k too! Plus they have an awesome education and training program that will teach you all about property management.

Cons

Although they talk about a work life balance they will work you to the bone. The company is proud to boast of its skeletal staffing and your constantly fighting to get money for the property. They will also low ball you on offers so make sure to negotiate negotiate negotiate!! They also suck you in with the apartment discount but they don’t tell you that you the money that you get taxed doesn’t make it worth it. Also upper management in Chicago is super all boys club with very little diversity with women or people of color. So beware of that glass ceiling.

5.0
Sep 9, 2019

Living Your Best Life

Recommend
CEO approval
Business Outlook

Pros

When I joined Equity Residential as a Leasing Consultant 8 years ago, I didn't quite imagine what my journey would look like. As I recently closed my career with EQR as a Community Manager, I can say I definitely enjoyed the ride. I took full advantage of my opportunities at Equity by starting as Leasing Consultant in the DC metro area to transferring to the Boston area and eventually finding my home in Seattle as a Community Manager. What I can say is the thread that binds these areas together is the company culture. If you take to heart the different opportunities and training presented to you, you can grow and develop into a well rounded professional. From "Living the 10 ways" to recognition in how you "Be. Think. Play. Live." you can find that Equity WANTS you to succeed. Being a part of the Seattle team was particularly rewarding because that is where I had my most growth as professional. I had opportunities to participate as a leader in new hire training, become a hiring specialist in helping in conducting interviews and being an ambassador of Equity's culture through Equity Residential national initiatives on Total Well Being, Sustainability, Diversity and Inclusion and Social Responsibility.

Cons

Not a Con but a piece of advice; Take ownership in your engagement. Identify your resources and use them to have a fulfilling career. Don't wait for some to present an opportunity to you, go find them. Find a mentor and take charge of your career.

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Equity Residential Response
6y
Wow - we can’t thank you enough for this powerful endorsement of all that we strive for here at Equity, or for your many years of service. Your career progression is something you should be very proud of, and we hope you know what an impact you made and how many lives you touched in your time with Equity. We’re thrilled that you are taking such positive memories with you as you move on to your next chapter, and we’re sure the teams who worked for and with you are grateful for your leadership. We sincerely wish you the best, and hope to stay in touch!
1.0
Aug 11, 2019
Recommend
CEO approval
Business Outlook

Pros

Just the health benefits that's all. Working in a newer building.

Cons

Worked here for almost 5 years! Its going DOWN! Huge turnover of employees! Fewer sales meeting and less resident events The commission use to be great, but its not. Managers take all the renewals and they are greedy! Leasing consultants do ALOT of work, we should be compensated. Service team gets 35% off rent and we get 20%!! That is so unfair!! Onsite staff deal with alot of BS so we should get the same treatment. Equity is CHEAP! and they want to do everything in house so it creates a harder work environment for service techs and office members. Onsite members have to pay the lease breakage fee when we decide to break a lease. We shouldn't if we are buying a house. We need more perks.

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Equity Residential Response
6y
Hello, and thank you for taking the time to share your thoughts, although it is difficult to hear of your frustrations. We would like to hear more about your concerns, and hope you will share your feedback and suggestions with your Regional Manager and/or a member of your local HR/OTD team. We did want to clarify what you stated about our rent discount. In the DC market, all full-time employees are eligible for a 25% rent discount (not 20%), and Service employees are offered 35% as an incentive to live on-site so that they are able to respond quickly to on-call emergencies. Please review the Employee Rent Discount page on ERNIE for more information, and contact your Regional Manager if you still have questions. Thank you again for your feedback.
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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.