MENTORSHIP PROGRAM

At Macerich, we believe a fulfilling career includes both learning and sharing what you know. Through collaboration, employees gain a greater understanding of the Company’s goals and the interrelationship between departments.

Macerich mentors and mentees establish partnerships to facilitate career exploration and coaching. Participants increase their networking skills along with their preparedness, confidence and knowledge about their field and the Company, as well as exploring different areas of the business. In 2022, the employee-developed program resulted in 83 pairings of team members, representing diverse backgrounds and experiences, from over 90% of the Company’s departments, including Senior Leadership. The lasting experience can benefit their careers and lives for years to come.

RECRUITING & HIRING

Macerich takes pride in recruiting and retaining the best and brightest employees from all backgrounds. While focusing on candidates’ qualifications, experience and skill sets, we also use practices that promote gender and racial diversity in hiring at all levels.

To access a wider pool of qualified candidates, we offer an employee referral bonus as well as participate in internship programs that emphasize bringing underrepresented students into the real estate industry.

We make information available on the Company’s gender and racial diversity demographics, ranging from Board of Directors composition to representation in the employee community, here as well as in our Annual Report and Proxy.

Training Opportunities

We know that providing a robust set of training tools and supporting each employee’s professional growth opportunities are essential to healthy workforce development.

Our standard suite of training in privacy, cybersecurity awareness, diversity, emergency preparedness and other topics related to specific technology platforms and business disciplines is required of all employees. Additionally, employees are required to complete two hours of workplace harassment training every other year. Macerich employees averaged four hours of on-the-job training in 2022.

While all Company-wide mandatory compliance training is part of the employee experience, Macerich began steps to implement a new Training and Education Portal, offering more than 4,500 courses that support voluntary continuing education, such as training in specific software programs and other job-related functions. Employees can select any combination of these classes to customize their own learning path, from five-minute refreshers to two-hour in-depth instruction.

Internship Programs

The Macerich Summer Internship Program in 2022 expanded to nine paid interns with placements in five different departments at properties and regional offices across the portfolio. We recruited interns through the ICSC Launch Academy and the joint Nareit, The Urban Land Institute (ULI), Future Housing Leaders Foundation and Chicago Semester internship programs, which introduce the retail landlord real estate industry to diverse college-age students.

Based on their goals and interests for the future, interns were placed in Property Management, Leasing, Business Development and Specialty Leasing, as well as Asset Management and Finance departments.

Over their 10 weeks at Macerich, in addition to their day-to-day assignments, interns toured Macerich’s New York City properties, including site visits to Queens Center, Kings Plaza and other key marketplaces, and visited ICSC headquarters to meet with ICSC CEO Tom McGee. We have successfully hired both long- and near-term employees from this effort.

PEOPLE PERSPECTIVE: ICSC INTERNSHIP

"Through the ICSC internship program, I had the opportunity to work at Green Acres Mall in New York. During my time there, I was able to work on multiple projects, such as generating a redevelopment pro forma with asset management, coordinating with tenants regarding their outstanding balances and creating a program that aids general managers in their budgeting process. I was able to learn more about Macerich and the retail industry, which played a pivotal role in my subsequent career growth.

One thing that stood out about Macerich was the Company’s emphasis on fostering a culture of support. This allowed me to reach out and learn from various people in the Company and is one of the many reasons I decided to launch my career with a full-time role at Macerich."

Robert Lee Financial Analyst | Santa Monica Office