The Great Resignation: Solving Commercial Real Estate's Talent Pipeline Problem

The workforce development landscape in commercial real estate is shifting dramatically, with hiring today becoming a very different undertaking than it once was. There aren't enough candidates to fill all of the open positions, and the skills gap is widening. In fact, research shows that the labor shortage is currently impacting as many as 70 percent of all commercial real estate firms. But this current talent pipeline problem can't be blamed on the pandemic and the Great Resignation alone. Factors such as employee disengagement, stagnant wages, poor work culture, financial uncertainty and a lack of mentorship have all contributed to this talent crunch. Hiring and retention have never been easy, but today's labor market has only increased the level of difficulty. So, what are commercial real estate firms to do? 

Three industry veterans will share their advice and answer your questions in a wide-ranging virtual discussion. This webinar is a complement to the latest BOMA Deep Dive, Raising Talent in the Midst of the Great Resignation, which can be found at www.boma.org/DeepDives.

John Salustri

Moderator

Kjersten Jaeb

Director of Asset Management for the Midwest at Physicians Realty Trust

Theotto Lillard

Property Manager at Zeller

Kristin Mueller

Chief Operating Officer of Property Management at JLL

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The Great Resignation: Solving Commercial Real Estate's Talent Pipeline Problem
03/10/2022 at 2:00 PM (EST)   |  60 minutes
03/10/2022 at 2:00 PM (EST)   |  60 minutes The workforce development landscape in commercial real estate is shifting dramatically, with hiring today becoming a very different undertaking than it once was. There aren't enough candidates to fill all of the open positions, and the skills gap is widening. In fact, research shows that the labor shortage is currently impacting as many as 70 percent of all commercial real estate firms. But this current talent pipeline problem can't be blamed on the pandemic and the Great Resignation alone. Factors such as employee disengagement, stagnant wages, poor work culture, financial uncertainty and a lack of mentorship have all contributed to this talent crunch. Hiring and retention have never been easy, but today's labor market has only increased the level of difficulty. So, what are commercial real estate firms to do? Three industry veterans will share their advice and answer your questions in a wide-ranging virtual discussion. This webinar is a complement to the latest BOMA Deep Dive, Raising Talent in the Midst of the Great Resignation, which can be found at www.boma.org/DeepDives.
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1.00 CEUs credit  |  Certificate available
1.00 CEUs credit  |  Certificate available