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5 tips for preventing property manager burnout in multifamily
Hiring and retaining property management staff is currently a teeth-pulling endeavor. The multifamily employee turnover rate was already high even long before the pandemic, but retaining top talent seems harder than ever. And one aspect of this problem that often gets overlooked is property manager burnout.
In this blog post, we go over the causes of this burnout, the additional costs of staffing properties, and tips on successfully addressing these problems to retain property staff members.
Multifamily industry not immune from ‘quiet quitting'
“Job mobility has always been part of the employment landscape, but the idea of millions of people giving their two-weeks’ notice without a Plan B was unprecedented.
And just as the Great Resignation faded from the public lexicon, a new concept has burst onto the scene: ‘quiet quitting.’ This trend is creating a rippling effect throughout the entire economy, and the property management industry is no exception.”
Learn what quiet quitting is and what it means for multifamily in this article from Multifamily Executive.
The hidden cost of managing package deliveries in apartment buildings
You already know that managing package deliveries to your building can be tedious and time-consuming. But did you know it can also be expensive?
In 2019, more than 10 billion packages were delivered in the U.S. That number will double by 2025.
You might be counting on property staff to manually process every package that’s delivered, leading to burnout. Is that the most efficient way to handle all those packages??
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Retain workers by managing burnout, building resilience
“Spurred by the COVID-19 pandemic — and lots of time to reflect — employees are seeking a work-life balance that supports both their personal and professional needs. What’s more, they expect their employers to play an active part in helping them achieve that…”
Learn how to combat burnout and turnover at your multifamily property in this article from Multifamily Dive.
Property manager’s guide to motivating staff
As a property manager, you know that keeping residents satisfied is a key component of keeping operations afloat. But who works to meet residents’ needs? Your property staff. That’s why caring about property staff retention is paramount to successful property management.
If your team feels appreciated and seen, they’ll continue providing excellent service and care to residents. Read on to learn more about property staff retention, why it’s important to avoid employee turnover, tips for improving retention, and how proptech can help.
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