Public Storage Earns Prestigious Great Place to Work Certification™

Rhea-AI Summary

Public Storage (NYSE:PSA) has earned the prestigious Great Place to Work Certification™ for 2022, reflecting positive employee sentiments regarding workplace culture. This certification, recognized globally, indicates that employees feel valued and supported within the company. Job seekers at certified workplaces are reported to find better leadership and fair compensation opportunities. Public Storage operates 2,797 self-storage facilities across 39 states, with a significant equity interest in Shurgard Self-Storage and PS Business Parks. The company's commitment to employee experience is highlighted by leadership statements emphasizing a people-centered culture.

Positive

• Recognition as a Great Place to Work Certified™ enhances company reputation.
• Employees report high satisfaction, leading to better retention and attraction of talent.
• Public Storage operates a vast portfolio of 2,797 self-storage facilities, indicating strong market presence.

Negative

• None.

GLENDALE, Calif.--(BUSINESS WIRE)-- Public Storage (NYSE:PSA) announced today it is recognized and Certified™ by Great Place to Work® for 2022.

The prestigious Great Place to Work® award is based entirely on what current employees say about their experience working at Public Storage. Great Place to Work® is the global authority on workplace culture, employee experience, and the leadership behaviors proven to deliver market-leading revenue, employee retention, and increased innovation.

“Great Place to Work Certification™ isn’t something that comes easily–it takes ongoing dedication to the employee experience,” said Sarah Lewis-Kulin, vice president of global recognition at Great Place to Work®. “It’s the only official recognition determined by employees’ real-time reports of their company culture. Earning this designation means that Public Storage is one of the best companies to work for in the country.”

“At Public Storage, we strive to build a people-centered culture where everyone feels valued, included, and successful,” said Joe Russell, Chief Executive Officer of Public Storage. “This recognition is a testament to our industry-leading team who embody our core values by going above and beyond every day, not only for our customers, but for each other.”

According to Great Place to Work® research, job seekers are 4.5 times more likely to find a great boss at a Certified™ great workplace. Additionally, employees at Certified™ workplaces are 93% more likely to look forward to coming to work, and are twice as likely to be paid fairly, earn a fair share of the company’s profits and have a fair chance at promotion.

Looking to grow your career at a company that puts its people first? Visit our careers page: PublicStorageJobs.com.

Company Information

Public Storage, a member of the S&P 500 and FT Global 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At March 31, 2022, we had: (i) interests in 2,797 self-storage facilities located in 39 states with approximately 199 million net rentable square feet in the United States, (ii) an approximate 35% common equity interest in Shurgard Self-Storage SA (Euronext Brussels:SHUR), which owned 254 self-storage facilities located in seven Western European nations with approximately 14 million net rentable square feet operated under the Shurgard® brand, and (iii) an approximate 41% common equity interest in PS Business Parks, Inc. (NYSE:PSB), which owned and operated approximately 27 million rentable square feet of commercial space at March 31, 2022. Our headquarters are located in Glendale, California.

Additional information about Public Storage is available on the Company’s website at PublicStorage.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220628006091/en/

Ryan Burke

(818) 244-8080, Ext. 1141

Source: Public Storage

FAQ

What is the significance of Public Storage's Great Place to Work Certification™ in 2022?

The Great Place to Work Certification™ signifies that Public Storage has met high employee satisfaction standards, improving its employer brand.

How many self-storage facilities does Public Storage operate as of 2022?

Public Storage operates 2,797 self-storage facilities across 39 states.

What benefits do employees report at certified great workplaces like Public Storage?

Employees at certified workplaces are more likely to enjoy positive leadership, fair pay, and job satisfaction.

What is the stock symbol for Public Storage?

The stock symbol for Public Storage is PSA.

What equity interests does Public Storage have in other companies?

Public Storage has approximately 35% equity interest in Shurgard Self-Storage and 41% in PS Business Parks.