South Australia’s booming real estate market is causing a headache for employers wanting to add to their workforce.
The unprecedented surge in activity in the property market has increased demand for staff such as sales administrators, residential property managers and people in general administration such as receptionists and trust accountants.
We are also amid a major candidate shortage which is showing no signs of slowing heading into 2022. Employers are struggling to find staff. This is compounded by a record number of positions being advertised with very low levels of applications received. There is a war for talent across many sectors, meaning employers are competing with a wider range of companies looking to secure the best people.
Job seekers continue to show caution and a reluctance to change jobs, exacerbated by COVID-19, economic uncertainty and border closures.
We explain what actions employers can take and speak with Emma Slape, CEO at Turner Real Estate about their recruitment strategy.
Property managers (PM’s) have definitely been in shorter supply over the past 12 months. Candidates who have accepted our positions have noted that they chose us for our staff retention, flexible working conditions, administrative support and opportunities for growth.
The days of the PM doing everything from answering after-hours calls to preparing paperwork have really moved behind us. People want to use their skills and work in a wider team, which gives them support and better working hours. Our staff love not working weekends or after hours knowing that the team can always assist them when they are out of the office or need that extra support during peak periods.
— Emma Slape, CEO at Turner Real Estate
What pain points are property employers experiencing?
How can employers take action?
Property industry employers are likely to continue to have trouble finding quality staff as the candidate shortage continues, and real estate activity remains high. As borders reopen, we hope to see a slight easing of the candidate shortage as interstate and overseas candidates enter the employment market in 2022. More information will be available about this next year, and we will be updating our clients regularly on how they can stay ahead in the search for quality recruits.
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