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Equity Residential Claimed Company
Equity Residential (EQR) is a real estate investment trust (REIT). read more
Equity Residential Company Culture
Equity Residential Culture
This score is derived from employee ratings & reviews2.5/5
Equity Residential's Overall Culture is rated D
Top Rated Culture Dimensions
Office Culture
A-Perks & Benefits
CeNPS
CGender
C-Compensation
D+Equity Residential CEO
Bottom 20%Bottom 20% of Similar Size Companies on Comparably
David Neithercut
58 /100
See More
Diversity at Equity Residential
Bottom 15%Bottom 15% of Similar Size Companies on Comparably
D
Diverse employees at Equity Residential have rated Office Culture, Environment, and Manager as the highest categories they have scored
Women at Equity Residential
Bottom 35%Bottom 35% of Similar Size Companies on Comparably
C-
Women at Equity Residential have rated Office Culture, Team, and Executive Team as the highest categories they have scored
Equity Residential eNPS
Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"Bottom 40%Bottom 40% of Similar Size Companies on Comparably
Recommend to a Friend?
-18
Equity Residential employees are -18% more likely to recommend Equity Residential as a great place to work
| 36% | Promoters |
|---|---|
| 10% | Passives |
| 54% | Detractors |
Working at Equity Residential
Working at Equity Residential is rated below average by 48 employees, across various culture dimensions. Equity Residential employees rate Office Culture highest among all categories, and think that Team and Work Culture have the most room for improvement, putting Equity Residential’s culture in the Bottom 15% compared to similar sized companies on Comparably and in the Bottom 15% compared to other companies in Chicago. See below in detail how working at Equity Residential was rated by employees.
Overall Company Culture at Equity Residential
D
Overall Company Culture at Equity Residential is rated D
Last updated months ago
Bottom
15%
Equity Residential ranks in the Bottom 15% of other companies on Comparably with 1,001-5,000 Employees for Overall Company Culture Score
Equity Residential Employee Reviews
Out of 59 Equity Residential employee reviews, 44% were positive. The remaining 56% were constructive reviews with the goal of helping Equity Residential improve their work culture.
| Positive Reviews | 44% |
|---|---|
| Constructive Feedback | 56% |
Positive Reviews From Equity Residential Employees
- What makes you most happy at work?My immediate co workers are great.
- What are some of the best things about your team?Generally smart people who work hard.
- What is the best part about your compensation package?The Health care programs are great.
Constructive Feedback From Equity Residential Employees
- What would you improve about your company's interview process?Pretty nice H.R. people and a simple application process.
- What does the leadership team need to get better at?Leadership is only concerned with metrics, they have no concern for the residents at their communities
- Why do you feel undervalued and what would make you feel better about your compensation?I pay is low for the amount of work. Overworked and burnt out, no recognition for anything.
Equity Residential Company Information
Equity Residential Company Overview
Equity Residential (EQR) is a real estate investment trust (REIT).
Equity Residential was founded in 1993 and its current CEO is David Neithercut. Since its inception 33 years ago, Equity Residential has grown to 2700 employees.
Equity Residential Mission, Vision & Values
Equity Residential Mission & Values
Our passion at Equity Residential is to provide great lifestyles in places people most want to live, work and play. We combine the exciting business of a large real estate company with a unique culture and opportunity to make a difference.
| Headquarter | TWO NORTH RIVERSIDE PLAZA, SUITE 400 Chicago, IL 60606 United States of America |
|---|---|
| Website | equityapartments.com |
| Founding Date | 1993 |
| Tel | 312-474-1300 |
| Company Status | Public |
| Stock | EQR |
| Jobs | eqr.taleo.net/careersection/ex/jobsearch.ftl?lang=en |
| Social Sites |
Equity Residential Competitors
Equity Residential competitors include Bozzuto, Greystar, AvalonBay, and Aimco Apartment Homes. Equity Residential ranks 4th in Overall Culture Score on Comparably vs its competitors. See below how Equity Residential compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.
Equity Residential Employees
Equity Residential has 2700 employees. 48 employees at Equity Residential have reviewed Equity Residential across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.
Overall, the 48 Equity Residential employees give their leadership a grade of D, or Bottom 20% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.
Employees at Equity Residential are mostly dissatisfied with their total compensation at Equity Residential, which includes a combination of pay, stock and equity, and benefits.
Overall, employees at Equity Residential are mostly dissatisfied with their team. 48 Participants grade the quality of their coworkers an F. Less than half believe the meetings at Equity Residential are effective, and the majority look forward to interacting with their coworkers.
The majority of employees at Equity Residential believe the environment at Equity Residential is negative. Most Participants believe the pace of work at Equity Residential is comfortably fast. About 82% of the employees at Equity Residential work 8 hours or less, while 6% of them have an extremely long day - longer than twelve hours.
Overall, the employees at Equity Residential are dissatisfied, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.
Joining Equity Residential - Employee Onboarding
The prevailing opinion from employees about joining Equity Residential is that the company was somewhat prepared on their first day. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.
Equity Residential KPIs and OKRs
Employees’ understanding of Equity Residential's KPIs and OKRs is essential for its success. Out of 2 Equity Residential employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 2 have said yes.
Are your company's goals clear, and are you invested in them?
Are the KPIs/OKRs for your department clear?
Equity Residential CEO & Leadership
Equity Residential CEO - David Neithercut
58 /100
David’s approval rate is lower compared to CEOs at similar sized companies, putting David in the Bottom 20% of all CEOs of similar-sized companies on Comparably, and in the Bottom 20% compared to CEOs of all other companies in Chicago. David Neithercut’s employees rank Equity Residential in the Top 15% for Office Culture, in the Bottom 45% for Perks And Benefits, and in the Bottom 25% for Compensation. Neithercut is generally unpopular with Equity Residential employees, but ranks especially low with Male employees. However, employees in the Customer Support department have a slightly more favorable view of the CEO. When compared to Equity Residential’s competitors, David Neithercut ranks below both AvalonBay CEO Timothy Naughton and Greystar CEO Bob Faith.
Equity Residential Leadership
The Equity Residential Executive Team is rated a “D” and led by CEO David Neithercut, Chief Operating Officer and Executive Vice President David Santee, and Chief Investment Officer and Executive Vice President Alan W. George
David Neithercut CEO / President
David Neithercut serves as the CEO / President of Equity Residential.
David Santee Chief Operating Officer and Executive Vice President
Mr. David S. Santee serves as the Chief Operating Officer at Equity Residential and its Executive Vice President since... read more
Alan W. George Chief Investment Officer and Executive Vice President
Mr. Alan W. George has been the Chief Investment Officer and Executive Vice President at Equity Residential (EQR), the... read more
Samuel Zell J.D. Founder and Chairman
Mr. Samuel Zell, also known as Sam, J.D., is the Founder of Equity International and has been its Chairman since March... read more
Mark J. Parrell Chief Financial Officer and Executive Vice President
Mr. Mark J. Parrell has been the Chief Financial Officer and Executive Vice President of Equity Residential since... read more
Michael L. Manelis Executive Vice President of Property Operations
Mr. Michael L. Manelis has been an Executive Vice President of Property Operations of Equity Residential since January... read more
Alexander Brackenridge Executive Vice President of Investments
Mr. Alexander Brackenridge, also known as Alec, has been an Executive Vice President of Investments at Equity... read more
Barry S. Altshuler Executive Vice President of Investments
Mr. Barry S. Altshuler has been an Executive Vice President of Investments at Equity Residential since February 2015.... read more
Ian S. Kaufman Chief Accounting Officer and Senior Vice President
Mr. Ian S. Kaufman has been the Chief Accounting Officer, Controller and Senior Vice President of Equity Residential... read more
Equity Residential Salaries
How much does Equity Residential pay?
How much do people at Equity Residential get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Equity Residential is $93,389, or $44 per hour, while the estimated median salary is $99,200, or $47 per hour.
At Equity Residential, the highest paid job is a Corporate Counsel at $186,089 annually and the lowest is a CS Rep at $44,380 annually. Average Equity Residential salaries by department include: Operations at $72,262, Admin at $49,938, Product at $125,367, and Communications at $82,112. Half of Equity Residential salaries are above $99,200.
21 employees at Equity Residential rank their Compensation in the Bottom 25% of similar sized companies in the US (based on 64 ratings) while 20 employees at Equity Residential rank their Perks And Benefits in the Bottom 45% of similar sized companies in the US (based on 22 ratings).
Last updated months ago.
| Summary | Salary Range | Percentile |
|---|---|---|
1st Percentile $62k | $62k | 1st Percentile |
17th Percentile $79k | $79k | 17th Percentile |
33rd Percentile $96k | $96k | 33rd Percentile |
50th Percentile $158k | $158k | 50th Percentile |
67th Percentile $219k | $219k | 67th Percentile |
83rd Percentile $280k | $280k | 83rd Percentile |
100th Percentile $282k | $282k | 100th Percentile |
$93,389*
Average Compensation
$99,200*
Median Compensation
* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.
Equity Residential Salaries by Department
Diversity & Inclusion at Equity Residential
Diverse employees at Equity Residential score the company 52/100 across various culture categories, placing Equity Residential in the Bottom 15% of companies on Comparably with 1,001-5,000 Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at Equity Residential across various culture dimensions.
Ranked Culture the Highest
Ranked Culture the Lowest
Equity Residential Perks & Benefits
Health & Wellness
- Dental Insurance
- Health Insurance
Equity Residential PTO
Equity Residential's PTO and Vacation policy typically gives 15-20 days off a year. Equity Residential's benefits and PTO Package averages to represent a $500 -$1000 cash value per month.
Other than healthcare, which of the following benefits is most important to you?
Does your boss expect you to work when you're on vacation?
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?
Equity Residential Careers
Equity Residential Jobs
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Overview of Candidates Interested in Equity Residential on Comparably
Candidates By Department
Marketing | 100% |
|---|
Candidates By Location
West Covina | 100% |
|---|
Frequently Asked Questions regarding Equity Residential
What is Equity Residential address?
Equity Residential location is at TWO NORTH RIVERSIDE PLAZA, SUITE 400
Who is the CEO of Equity Residential?
Equity Residential CEO is David Neithercut, their score by employees is 58
What is Equity Residential eNPS?
The eNPS for Equity Residential is -18
What is Equity Residential revenue?
Equity Residential revenue is $2B
What is the salary for Office Manager in Equity Residential?
Office Manager average salary in the US is 63k
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