Apartment firms looking to nurture top-notch sales and service pros are using powerful new psychological profiling technologies to identify, hire, and train the best brains in the business
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Multifamily operators and property managers are getting serious about who they hire and how they retain talent, particularly at the property level where most job funtions are viewed as critical to leasing and resulting revenue and net operating income (NOI).
Apartment Firms Adopt Behavioral Profiling Technologies to Identify Qualified Employees
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To take a deeper look into the technologies powering some of the more successful human resources (HR) programs in the biz, Multifamily Executive checked in with Houston-based Camden Property Trust’s senior vice president of strategic services Kristy Simonette and Greensboro, N.C.–based Bell...
Tina Makssour, vice president of performance at Alliance Residential, uses video blogs, virtual instruction, and cloud messaging to help associates learn, collaborate, and grow.
Essex Proerpty Trust president and CEO Michael Schall takes over the company, planning a larger focus on operations but keeping the companies founding principles and strategies relatively intact.
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Indeed, whether through a defined internship program or via broader employee training platforms, multifamily firms specializing in the guidance and education of their teams from maintenance to management typically find higher success rates in recruitment, retention, and corporate culture adoption.
As the economy starts to take a turn for the better, property managers sift through the pile of applicants and start hiring again.
With development and acquisition activity at a standstill, firms are looking for innovative ways to retain top talent.
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In 2005, Wood Partners was the top builder on Multifamily Executive’s annual Top 50 Builders ranking. In 2008 and 2009, it came in fifth on the list. But in a surprise move that shows just how far the construction market has fallen, the Atlanta-based company has decided to change its focus from...
After a brief stint as president of the multifamily leasing and marketing firm Sales Inc., Dan Haefner has decided to leave the vendor industry and return to multifamily operations.
The "card check" bill would make it easier for unions to organize employees but would not leave employees better off.
At a corporate brainstorming retreat held this past November, Greenwood Village, Colo.-based Laramar Group managers and executives went through a drill. They assumed that revenue in 2009 would be flat and were charged with cutting expenses to improve annual net operating income by 4 percent to 6...
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SO THE EXECUTIVE VICE PRESIDENT has left to start a solo venture, and you think you're a shoo-in for promotion. Your track record is exemplary; your institutional acumen is sharp; and your knowledge of projects under construction, under management, and in the pipeline is second to none. Then why...
When times are tough, employees turn to their managers for advice, guidance, and fresh, new strategies. Here, five industry leaders share their latest breakthroughs in four categories. These ideas can help you improve communication, inspire by example, and hone in on new strategies across a variety...
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Mitigate turnover costs by keeping your best employees.
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Negotiations be darned: When you look at the bottom line, it's almost impossible to put a fair price on reliability and human results in the workforce. But recruiting, retaining, and rewarding top talent at all levels of an organization is crucial to ensuring its long-term success—and even moderate...
Lenders for The Mitchell Co. often pull president and CEO John Saint aside and lecture him. Why? Because he's too generous with his employees.
In his role at Kenexa, the recruiting and retention firm, Bill Erickson works with a lot of businesses in many industries. When asked to name one of the better companies as far as employee engagement, he doesn't hesitate to cite a prominent public apartment REIT: Archstone-Smith Trust.