Rayner Personnel Salary Landscape Report 2022/2023 - Manual / Resource - Page 6
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02: 2023 HIRING LANDSCAPE
“The future of the property industry is looking positive.”
The future of the property industry is looking
positive, and it is expected to continue to
THE BENEFITS OF A BETTER
ON BOARDING PROCESS
grow in the coming years. This growth will be
driven by an increase in housing demand and
Not only do companies need to recruit the right
other types of real estate investments.
talent, they must also focus on on boarding and
retaining that talent which requires careful planning.
Additionally, new technologies such as
Effective onboarding saves time andmoney by
artificial intelligence (AI) and blockchain are
reducing employee turnover, increases business
set to revolutionise the way that property
stability and solidifies workplace culture. According
transactions are conducted. This means that
to research by Oxford Economics and Unum, the
companies must prepare for the future by
average cost of turnover per employee is £30,614.
ensuring they have the right talent to take
advantage of these new opportunities and
tackle any potential challenges. As the industry
continues to evolve, there will be an increased
demand for experienced professionals with
specialist knowledge. Companies should look
to recruit from a broad range of backgrounds
and ensure they have a balanced and diverse
workforce. This will enable them to leverage
the best available talent and maximise their
potential for success. Companies should
also invest in training and development
programmes to help their employees grow
and progress within the organisation. With the
right strategies in place, companies canensure
they are well-positioned to take advantage of
any new opportunities that arise.
2022/2023 ANNUAL REPORT
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