While preparing for a presentation I am giving this week at the ULI Fall Meeting, I uncovered an interesting factoid from the US Bureau of Labor Statistics. The job tenure for men between the ages of 45 and 54 is 9.6 years, versus an average tenure of 5.2 years for 35-to-44-year-olds. (Women in general showed a shorter tenure, and their retention habits will be treated in a future column.) That translates into a more than 50% longer tenure for the “more mature” professional population. On one hand, this was not terribly surprising because one would expect that by the time men are 45-ish, their careers are beginning to reach a plateau and moves are less necessary or attractive. However, the shorter tenure for the 35-to-44-year-old highlights an issue on which employers are increasingly focused: retention. It costs a bundle to replace well-established and top performers, and they are the ones most highly sought after by competitors. All too often, employers do not address what keeps the “keepers” on the job, beyond the dollars. At the top of the list is growth potential and challenge. Is your organization on top of this issue and focusing on retention, or are you feeding the turnover statistic?

Tony LoPinto is CEO of Equinox Partners, an executive search firm specializing in the real estate industry, and parent company of SelectLeaders. The views expressed in this article are the author’s own.
Job Opportunities
CB RICHARD ELLISVP, Project Management: (BELLEVUE, WA) This VP is responsible for the leadership of the bottom-line success of a significant business unit, customer relationship, functional unit, department or transaction activity, and more.

CUSHMAN & WAKEFIELDSenior Financial Analyst–Real Estate (TAMPA, FL) This analyst will prepare complex and sophisticated cash flow analysis for a broad range of real estate transactions including lease comparisons, lease restructures, lease vs. buy, acquisitions/dispositions, relocations and more.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.