Extra Space Storage Inc., a self-storage real estate investment trust (REIT) and third-party management firm, and Yardi Systems Inc., a provider of management software for self-storage and other real estate, have been voted among the Best Places to Work in 2018 as part of the annual Employees’ Choice Awards for Glassdoor, a website where employees and former employees anonymously review companies and their management. Glassdoor compiles votes from participants and ranks the top 100 large companies and the top 50 small and mid-sized businesses. Extra Space is No. 73 and Yardi is No. 42 in the top-100 list. They were the only self-storage-related businesses to be recognized this year.
The 2018 rankings were determined by using company reviews from U.S.-based employees between Nov. 1, 2016 and Oct. 22, 2017. Companies in the “large” category must have a minimum of 1,000 employees and receive at least 75 ratings across eight workplace attributes during the voting period. The final list was compiled based on Glassdoor’s algorithm, which considers quantity, quality and consistency of reviews, according to a press release. The top five large companies were Facebook, Bain & Co., Boston Consulting Group, In-N-Out Burger and Google.
Extra Space was one of four Utah-based companies honored. The REIT was also recently named a top company to work for by “Utah Business” magazine. "It is a great compliment to be recognized as a top employer in Utah and across the nation," said Joe Margolis, CEO of Extra Space. “We place significant emphasis on living our company values every day, which include integrity, excellence, innovation, teamwork and passion. Our team's commitment to these values throughout the organization makes Extra Space Storage a great place to work."
“This is a tremendous honor for our company and reflects the positive experiences of our growing workforce,” said Anant Yardi, president and founder of Yardi Systems. “We appreciate the recognition from Glassdoor and thank our employees who took the time to share their thoughts and opinions.”
In June, Yardi was named to Glassdoor’s Highest Rated CEO list, which is also based on feedback submitted by current and former employees. Of the top 100 CEOs, Yardi ranked No. 32.
"We know today's job seekers are more informed than ever about where they go to work, researching everything from company culture to career opportunities to pay philosophy and more,” said Robert Hohman, CEO and co-founder of Glassdoor. “To help people find companies that stand out from the pack, the Glassdoor Employees' Choice Awards recognize employers that are truly Best Places to Work because they're determined by those who really know best—the employees."
Headquartered in Salt Lake City, Extra Space owns or operates 1,513 self-storage properties in 38 states; Washington, D.C.; and Puerto Rico. Its properties comprise approximately 1.03 million units and 114 million square feet of rentable space.
Yardi Systems develops and supports software for the management of property and real estate investments. Its suite of programs includes accounting, ancillary processes, operations and services with portfolio-wide business intelligence and platform-wide mobility. Based in Santa Barbara, Calif., and founded in 1984, the company serves clients worldwide from offices in Asia, Australia, Europe, the Middle East and North America.
Launched in 2008, Glassdoor is a job-seeking website that incorporates company reviews and insight from employees and applicants in addition to job listings. The site has information on approximately 700,000 companies in more than 190 countries.