{"id":1219,"date":"2012-04-06T05:00:22","date_gmt":"2012-04-06T12:00:22","guid":{"rendered":"http:\/\/www.yardi.com\/blog\/?p=1219"},"modified":"2021-02-03T17:11:20","modified_gmt":"2021-02-04T01:11:20","slug":"hot-jobs","status":"publish","type":"post","link":"https:\/\/www.yardi.com\/blog\/hot-jobs\/","title":{"rendered":"Hot Jobs"},"content":{"rendered":"

\"CoupleConstruction of new apartment stock is booming again in America, and with that growth comes jobs. When new properties are completed, new apartment industry employment opportunities are created. We talked with John Cullens<\/a>, President and Founder of ApartmentCareers.com<\/a>, about what\u2019s on the horizon for apartment industry careers.<\/p>\n

Filling the backlog of development that built up during the economic downturn has construction booming now, and that\u2019s good news for job seekers.<\/p>\n

\u201cThe job growth we\u2019re going to see because of new development that has to happen is going to have our industry grow somewhere in the 20 to 25 percent range in the next 8 years,\u201d Cullens said. \u201cWe had a lot of units that needed to be added to the mix.\u201d<\/p>\n

But the tasks those new hires may be asked to take on could be slightly different from the old industry standards.<\/p>\n

\u201cWe\u2019ve really started to see some shifts in the type of people that are getting hired, especially in some of the newer product.\u00a0 Gone are the days of the assistant manager\/bookkeeper position – \u00a0those tasks are now able to be done in an easier, centralized manner. We\u2019re seeing more and more of a focus on the service side of our industry. How are you going to separate and differentiate your product by value added services that residents want? The best way is to have staff on site to provide those services,\u201d Cullens said.<\/p>\n

Other trends Cullens has identified through his 12-year-old website and extensive contacts with industry insiders include:<\/p>\n

–Growth in professional marketing positions<\/strong>. \u201cMost people are embracing social media in some form or fashion and realizing that content based advertising and marketing is a way to get your name out there and have people look at you, and build some community around your property. We\u2019re seeing undergoing significant changes in the type of personnel hired.\u201c<\/p>\n

–Focus on recruiting from outside the industry<\/strong>, often targeting the hospitality and retail sectors. \u201cRecruiters are looking at what type of roles could someone have had in the past that would bring a strong set of skills to that leasing\/marketing position.\u201d<\/p>\n

–Shortage of service and maintenance personnel<\/strong>. \u201cThe available pool of personnel that would once have come into some of these lower wage, more manual service jobs is not there.\u201d<\/p>\n

\"Figures<\/a>–New jobs in technology \u2013 but not on the help desk.<\/strong> \u201cWe\u2019re seeing IT departments within the property management companies starting to grow. Not from a help desk standpoint \u2013 that\u2019s going to get more outsourced \u2013 but from a data analytics perspective.\u00a0\u00a0 We are producing reams of data. Somebody\u2019s got to go through all that data, and tell us what it all means and how we can better run our businesses as a result.\u201d<\/p>\n

–Pay increases.<\/strong> Companies are realizing that they will need to increase salaries for on-site apartment jobs to attract and retain top talent, Cullens said. “Historically the industry is 20 to 30 percent underpaid… you add to that some of the cuts that were made in 09-10 and you\u2019ve compounded it. I think we\u2019re in a period where we\u2019re going to see some serious wage increases. If you\u2019re trying to complete for the top level talent, you have to pay to play.”<\/p>\n

Check out our companion story about what skills you need now to pursue an apartment career<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Construction of new apartment stock is booming again in America, and with that growth comes jobs. When new properties are completed, new apartment industry employment opportunities are created. We talked with John Cullens, President and Founder of ApartmentCareers.com, about what\u2019s on the horizon for apartment industry careers. Filling the backlog of development that built up […]<\/p>\n","protected":false},"author":413,"featured_media":1244,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_s2mail":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4],"tags":[74,29],"class_list":["post-1219","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-careers","tag-multifamily"],"acf":[],"yoast_head":"\nYardi Blog<\/title>\n<meta name=\"description\" content=\"Construction of new apartment stock is booming again in America, and with that growth comes jobs. 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