| It’s never easy to let go of staff, especially a good contributor. But changes in the real estate market can require companies to take a hard look at staffing, performance, and analyze where their resources are needed most and we’ve been hearing about those difficult personnel decisions from many of our clients. Today’s Real Estate, Escrow, Title, and Mortgage industries continue to navigate an evolving market. Higher borrowing costs, changing transaction volumes, increased competition, and cautious consumers have encouraged many companies to operate more strategically and carefully evaluate their staffing needs. A Team Staffing has always played an important role in finding talented people for our Real Estate, Escrow, Title, and Mortgage clients, but we can also be there for companies and employees when market conditions result in layoffs or restructuring. Managers have told us that having a trusted resource to recommend to an exiting employee can make a difficult transition easier. For the employee, knowing where to turn for professional guidance can provide confidence during an uncertain time. Please don’t hesitate to provide our contact information to them as a resource if you need to have that difficult conversation. Our clients often wonder why they’re unable to find qualified help during downturns. They’ll ask us, “shouldn’t there be a bunch of people looking for work?” One of the chief reasons for the scarcity is due to industry attrition…we’re losing qualified workers to other industries. People simply cannot wait for the market to come back and we lose them to other fields such as insurance, legal, banking, or city/state jobs and we hear this daily. We need to work together to keep talent in our industry. With our industry knowledge, valuable contacts, and years of experience, we encourage you to provide our information to individuals that you would recommend. Encourage your staff to stay in the industry. We may be able to help them! |
