An ok place to work - Anonymous employee Extra Space Storage Employee Review

3.0
11 Sept 2023
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

If you get your work done, you are generally left alone. My co-workers have always been great to work with and I've built meaningful friendships here.

Cons

The pay is low. The median employee made about 43k in 2020 and about 46k now in 2022, but with inflation that 46k is worth about 39k in 2020 dollars, so we've all taken pay decreases essentially. Our CEO saw his compensation go from about 6.7 million in 2020 to 11.6 million in 2022. Dealing with customers has become more difficult because their rates are going up faster and much higher in a lot of cases than the market rate for their unit. This pays for executive bonuses and raises, as well as acquiring other storage companies, but not keeping employees at least at the same buying power they had in 2019 when median employee pay was 39k. We're struggling to buy groceries while our CEO has gotten a $6,000,000 raise.

Explore other reviews about Extra Space Storage

5.0
20 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Great benefits Work life balance Culture

Cons

More advancement opportunites in SLC versus chicago

3.0
14 May 2026
Recommend
CEO approval
Business outlook

Pros

Solid schedule - 40 hours per week, not expected to be there more than that. No one looking over your shoulder constantly (unless you have a new DM, they can't seem to help it) Mostly great people to work with Local, immediate management does care and are helpful.

Cons

Very large rate increases really upset customers and that's just too bad. We are given word to tell them but it just isn't true. Putting more money in stock holder's pockets is the bottom line and it doesn't matter how much anger we have to deal with. You are absolutely expected to sell insurance to every renter. However, you must be careful because you aren't "insurance salesmen". You get a ding when you don't sell it. We are encouraged to use evasive language and rush through it so the renter thinks it's required without quite saying so. You would think this large of a corporation would have handymen available but it is so, so difficult to get the smallest repair done due to getting bids from vendors, turning them in, reminding the person you turned them in to what needs done maybe getting approval, then scheduling. By that time lights (or whatever) have been out for a month or 2. Benefits are very expensive and cover so little.

1
See reviews by: Helpful|Rating|Date|All