It takes a village to run a successful property management company. Without the hard work and tireless dedication of your team, your business wouldn’t be where it is today. As such, taking the time to let your employees know you appreciate them can be one of the best investments you make. What’s more, when people feel appreciated, they’re more engaged. In other words, everyone wins.
One trait that top employers have in common is that the people who work there trust and enthusiastically follow their leaders. They are happy and engaged. And the research is unequivocal. When employees are happy and engaged, the whole business benefits. To get there, you need leaders in place who are strong, trustworthy and human-centered. Not sure how to identify these traits? Here are five specific things to look for.
While offering paid time off isn’t mandatory, time away from work is a critical component of work-life balance. It’s also a perk many top employees value, which means the right policy could help make your property management company a more attractive place for talent. The good news is, there are a lot of different options available to you when it comes to creating and offering a time-off policy. Here are just a few of the many choices you can include.
Strong leadership is crucial to a high-performing, happy property management team. The problem is, the longer a person holds a position of leadership, the more at risk they become of losing touch with their direct reports. Being able to periodically take a few steps back, introspect and identify the signs can help you avoid a career derailment and get you back on track. Below are three signs to watch for that might indicate it’s time for a shakeup.
We recently shared a post that included several tips on hiring ‘A-players’ for your property management company. But while hiring the right people from the start is certainly important, keeping them for the long-haul is equally, if not more critical. Otherwise, you’ll find yourself back at square one again and again.
Keeping your property management business strong and healthy is no easy feat. A big component of success in this area is company culture. With the right internal atmosphere, you can develop and grow a highly engaged, motivated and committed team of talented professionals who will work together to drive your company forward. If your culture is suffering or you’re unclear on which path to take to get to a better place culturally, the following tips should help.
One of the biggest mistakes companies make is overlooking the importance of human resources – and those in the property management business are no exception. You can’t operate a successful organization unless you have the right people and without an HR manager, you can’t get those good people through the door. By filling this role, you’ll end up with a seasoned leader who can turn your human capital into a source of sustainable competitive advantage.
It’s that time of year again, when your employees will be taking time off to enjoy some R&R and vacation with their families. From a business perspective, managing employee time-off requests can be a logistical challenge. How can you grant everyone their fair share of down time while ensuring that there’s no disruption to your customers? Here are a few expert tips for managing time-off requests in a way that keeps your property management company running like a well-oiled machine.
Just because you’re passionate about your property management company and care about your team doesn’t mean you’re leading them in the best possible way. Many well-meaning leaders exhibit toxic management behaviors without even realizing it.
Ever have one of those days where you just wished there was an extra hour (or three)? We’ve all been there. And in the property management industry in particular, time management is a challenge. It’s easy to become overwhelmed and either procrastinate or drop the ball completely, neither of which are good for business. The good news is, it’s never too late to learn how to better manage your time. The following tips should eliminate the time crunch stress and make you more productive in the process.