These days, attracting, hiring and retaining top talent isn’t just about who offers the highest salary or nicest benefits package. In today’s business world, the best candidates are looking for employers who are above average and different than the rest. Are you one of those companies? If not, here are 6 ways you can transform your business into a place where people truly want to work.
Don’t Manage. Lead
It can be difficult to break out of the traditional style of management, but today’s top talent and those candidates you’ll want to pursue in the future are looking more for a sense of leadership. That is, inspiring and empowering your employees to perform at their best rather than micromanaging them. If you need a little help in this area, here are some pointers.
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Be Transparent
The future workplace is one that embraces openness, honesty and transparency. That means being clear about who you are, what your goals are, where your business is heading and how each and every employee will be a part of that journey. Create a culture of transparency within your organization and you’ll attract the attention of top talent.
Embrace Balance
If you want your team to want to come to work every day, let them enjoy some down time as well. One of the biggest causes of employee turnover is a lack of work/life balance within an organization, and this is something that plagues the property management industry in particular. To combat this, don’t just allow time off, but encourage it. You will be repaid ten-fold.
Create the Ideal Environment
It seems simple and straightforward, yet so many businesses still miss the mark on this one. To become a great place to work, you must provide an environment in which employees can feel safe and comfortable. Address a variety of needs in the workplace, including places to connect and collaborate as well as areas where rest and quiet concentration can be achieved.
Promote Individual Success
If all you’re focused on is the overarching goals of your property management firm, you’re missing the mark on the little things that matter. Employees that love their job often cite the ongoing support of leadership as one of the biggest reasons. Develop a success strategy for each team member and work with them to help them reach their individual goals. As you do, the larger objectives will naturally fall into place.
Pay Well
While certainly not the number one factor, compensation is still an important component of employee happiness. Make sure your salaries are set at a competitive level and don’t forget about other benefits, beyond the basics like health care. Think outside the box, like free lunches, wellness programs, discounts and other perks. The more you put into valuing your employees, the more you’ll get in return.
In an industry as competitive as property management, having a qualified, dedicated staff is essential to your ongoing success. The tips listed here can help you transform your organization from same-old to revolutionary and make your company a sought after brand for which to work.
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Get the full scoop on How to Build an Extraordinary Property Management Team. Download our FREE RESOURCE GUIDE.
