Executive Watch

Well, more shoes are dropping. Lehman announced a whopping quarterly loss and needs to raise $6 billion from investors. Last Friday, the markets were seriously rattled with the latest jolt of oil price increases, and the price of gas at the pump broke $4 this week, further squeezing consumers We still seem to be looking for the bottom of this difficult economic cycle, and it’s unnerving, to say the least. This market is also beginning to have an impact on the hiring processes. We have noted with more frequency that hiring managers do not feel compelled to stretch when they make offers to candidates. With fewer searches and less competition for talent, a more conservative mindset has taken hold. In fact, some companies are now even balking at giving individuals their whole 2008 bonus and offer only to prorate them. The problem is that he or she will leave one half or more of this year’s bonus on the table if they leave their current employer. The rub is that top performers are still at a premium, and by cutting corners around the edges of an offer, the shortsighted hiring manager may end up with a “thanks, but no thanks.”

Job Opportunities HOLLIDAY FENOGLIO FOWLER, LPREAL ESTATE ANALYST(ATLANTA, GA) Responsibilities include developing and maintaining comprehensive financial models, preparing offering memorandums and proposals and coordinating the due diligence process. JONES LANG LASALLESTRATEGIC SOURCING MANAGER (NEW YORK CITY) The successful candidate will assess and build annual sourcing initiatives; act as a key communication liaison with the client procurement team and the account manager; prepare and execute sourcing initiatives; and provide management, instruction and follow up to support the operations teams in standardized RFP/bid and contract processes. 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 Register Now *May exclude premium content Already have an account? Sign In Now NOT FOR REPRINT © 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing. share on facebook share on twitter Trending Stories CRE Pricing Forecast Is Down, Down, Down Multifamily Capital Markets Continue to Struggle Nashville Joins List of Top Migration Destinations Fed: CRE Activity Keeps Slowing and Loan Demand Down Our Best Guess for 2024   Recommended Stories CRE Discovers a New Capital Partner: Their Solar Provider Nicki Howell | November 30, 2023 Commercial real estate owners look to solar to stabilize NOI, create an additional source of revenue, and even to generate capital. Sale-Leaseback Due Diligence: What to Know Amanda Horan | November 30, 2023 Properly scoped, well-executed due diligence can benefit sellers and buyers alike. West Coast Apartment Investors Navigate Choppy Market & Regulatory Waters Brian A. Lee | November 30, 2023 Multifamily owners and investors on the West Coast increasingly must factor in non-traditional hurdles in their investment strategy. Resource Center Report Sponsored by Building Engines The ROI of HVAC Optimization in Commercial Office Buildings HVAC use accounts for 50% of the total energy consumption of your commercial office buildings. Why wouldn’t you optimize its efficiency? Download this white paper and learn how you can slash costs, enhance tenant satisfaction, and boost sustainability. Browse More Resources › White Paper Sponsored by TheGuarantors Addressing the Surge of Renter Fraud in Multifamily Housing This white paper delves into the alarming surge in renter fraud within the multifamily housing sector. Discover the various drivers behind these trends and how you can stay ahead of the evolving fraud landscape. Browse More Resources › Interactive Resource Center Sponsored by Building Engines How Prism helps CRE Managers Exceed Goals What are your goals as an asset or property manager? This interactive tour walks you through customizing your own platform to help meet your goals such as maximizing revenue, optimizing operations, adding value to your properties, and attracting the right tenants. Browse More Resources › GlobeSt Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now! Free unlimited access to GlobeSt.com'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 ThinkAdvisor.com and Law.com. Already have an account? Sign In Now Follow Us On About GlobeSt Contact Us Site Map Advertise With Us Asset & Logo Licensing Terms of Service Privacy Policy Terms of Service Privacy Policy Copyright © 2023 ALM Global, LLC. All Rights Reserved.