NEWPORT BEACH, CA—Today's employees are more interested incompensation and benefits packages than in workplace amenities andperks, RETS Associates principal KentElliott tells GlobeSt.com exclusively. We spoke withElliott about changes in the commercial real estateemployment sector during 2015 and what candidatesand hiring firms should remember going into the new year.
GlobeSt.com: What areas of employment within thereal estate market do you foresee growing stronger in2015?
Elliott: With the economy back, wehave seen very robust hiring across the board in commercial realestate. However, the most recent senior-level searches (vicepresident and higher) that we've performed are primarilyconstruction and development positions. Multifamily is still veryhot. In fact, many of those construction and development positionshave been with multifamily development firms. However, the demandfor those positions is growing in the office and industrialsectors, too. We are still wrapping up several VP-level-or-highersearches in acquisitions. But this area is not as in demand asconstruction and development, where hiring is fast and in greaterquantities than other real estate functions.
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