Out-betting Hiring Firms: Too Little Too Late?

Turner: “I think what’s happening through this tight market over the past couple of years is that these employers are learning a little lesson.”

NEWPORT BEACH, CA—Real estate companies can learn a lot from employees during exit interviews and satisfaction surveys to determine if they’re doing all they can to retain talent, RETS Associates principal Jana Turner tells GlobeSt.com. Turner says real estate talent is so scarce right now that hiring companies are struggling to secure new hires even with market-rate compensation packages. In fact, RETS is seeing current employers competing to hold on to employees looking to leave by boosting compensation reactively and ultimately trying to out-bet hiring firms. We spoke exclusively with Turner about what hiring companies can do to increase their chances of enticing top talent and what current employers can do to retain talent.

GlobeSt.com: What can be done with compensation packages to entice new hires in this competitive hiring environment?