Multifamily Leadership has announced the official ranking for the 2018 "Best Places to Work Multifamily" Program. Winners found out how they ranked at the Multifamily Leadership Summit held in Scottsdale, Arizona.
The Multifamily Industry, serving apartments and their residents, contributes more than $3.5 billion to the economy everyday, supporting more than 12.3 million jobs. Not only do apartment homes drive jobs that strengthen local communities, individuals and families realize the value of renting as a smart choice in today’s economy.
As CEOs and multifamily executive teams create culture and innovation around the resident experience, employee engagement is seen as a key driver to meet multiple challenges. The Best Places to Work Multifamily™ program recognizes those companies that have established and consistently foster outstanding workplace environments.
Companies have been measuring resident satisfaction for years and the leading indicator for organizational success is the link between employee engagement and the resident experience. Employees are presented with hundreds of opportunities each day to be their best, but it's the behavior that drives a successful organization, not satisfaction or size.
PATRICK ANTRIM, FOUNDER, CEO MULTIFAMILY LEADERSHIP
The rigorous assessment process evaluated each company’s employee policies and procedures as well as responses from the company’s employees. The program is part of a long-term initiative to encourage growth and excellence throughout the Multifamily Apartment Industry and to attract new leaders to the industry.
If you want to know if it's a great place to work, you ask the people who work there. Patrick Antrim, Founder and CEO of Multifamily Leadership says, “Employee engagement is actually a much more powerful indicator of organizational success than the size of the company, as employee engagement is tied to behavior and higher performance."
The program also helps companies that want to improve their business. The “Employee Feedback Report” is presented to each participating company, even if it did not make the list. The report summarizes employee engagement and satisfaction data, the "Multifamily Leadership Benchmark Report," and the transcript of employee written comments. The report is used by many organizations to make significant improvements in their workplace culture.
Antrim further states, "companies have been measuring resident satisfaction for years and the leading indicator for organizational success is the link between employee engagement and the resident experience. Employees are presented with hundreds of opportunities each day to be their best, but it's the behavior that drives a successful organization, not satisfaction or size.”
At the summit, benchmark data compiling research specific to the Multifamily Industry from organizations reaching across 50 states and D.C was revealed. Multifamily leaders looking to fast-track their success will leverage what best in class organizations are doing to create great resident experiences and strong financial results through the engagement of their employees.
The business environment of the 21st century is characterized not just by competition and ever-increasing technologies, but also by a heightened appreciation for the quality of the workplace. In a world of continuously shrinking margins and challenges attracting next generation workforce, a progressive leadership strategy is critical to creating and sustaining a competitive advantage. One measure of such strategies is the quality of the workplace experience. Indeed, the enhanced awareness of the importance of creating great workplaces is evidenced by the growing body of literature regarding workplace excellence.
Numerous studies show a strong correlation between profitability and creating a great place to work. In addition to the positive effect the award has on their employee relations and recruitment, the driving force for companies to participate is the remarkable effect that workplace improvements can have on their bottom line.
Nationally Ranked 2018 Best Places to Work Multifamily, in order:
- Q10 Property Advisors
- CWS Apartment Homes
- Apartment Dynamics
- Gables Residential
- Carter-Haston Real Estate Holdings, LLC
- The Management Group
- Pollack Shores Real Estate Group, LLC and Matrix Residential, LLC
- Fogelman Management Group
- JVM Realty
- Drucker & Falk
- The REMM Group
- Carroll Management Group
- Avenue5 Residential
- Cardinal Group Management
- Blue Ridge Companies, Inc
- Alco Management, Inc
- Continental Properties
- RealSource Management
- S2 Residential
- Berger Rental Communities
- IMT Residential
- Alliance Residential
- Benson Integrated Marketing Solutions
For more information about, and to register for, the “Best Places to Work in Multifamily” program, go to www.multifamilyleadership.com.
Source: Multifamily Leadership, LLC