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Extra Space Storage

Engaged Employer

Extra Space Storage reviews

4.1

81% would recommend to a friend

(1,090 total reviews)
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Joe Margolis

87% approve of CEO

75% positive business outlook

Reviews by job title

1K reviews

Reviews about "Compensation"

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4.0
Nov 22, 2025

Surprisingly Fair

Recommend
CEO approval
Business Outlook

Pros

Recently they did away with their performance bonus. I run a store in a more working class area that bucks most of the national trends related to automation. We do more sales in person, take more cash payments, etc. As someone at the top of my district in sales, when I heard the announcement I was sure I was going to take a hit to my overall pay. Instead, they managed to calculate what the bonus was worth on average and provide that. Faith restored for now. Mix of office and physical work, operate mostly independently, pace of work is favorable.

Cons

There is a weird split dynamic because this company largely manages properties for 3rd parties. Rentals should be the priority in training and coaching since they are the majority of revenue, but because all the insurance and lock revenue goes to Extra Space and only a flat fee is charged by Extra Space to run the location, almost all of the focus of the middle management and trainers is on insurance and lock sales, which again, Extra Space takes 100% of the revenue on. From a business standpoint, it doesn't make sense. We'll end up like McDonald's where they are more a real estate company than a place to buy hamburgers, or worse because we aren't focused on the core business, despite what anyone else says, the lived reality isn't what they say.

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Extra Space Storage Response
7mo
Thank you for sharing both the positive aspects of your experience and the areas where you feel improvement is needed. We’re glad to hear the compensation adjustments helped maintain your earnings, and we appreciate your detailed input on how sales expectations and training priorities impact day-to-day operations. Insights like yours help us better understand how our decisions affect employees across different markets. Thank you again for providing your thoughts.
3.0
Nov 21, 2025
Recommend
CEO approval
Business Outlook

Pros

Work-Life Balance is very good

Cons

They just changed the compensation plan and there's no longer a monthly bonus. It was roughly $150-$250 per month. They raised the base pay by less than a dollar but its less than if you were getting the bonus

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