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Talent Management

Women of color losing ground at exec/senior levels, but successes on DEI more generally

Jan 27, 2023: Women of color at the executive management and senior levels are departing at twice the rate of their population size in North America, despite the representation of women and people of color improving overall for CRE in 2022.

"Diversity" is overused, DEI initiatives refocusing on human engagement

Oct. 27, 2022: Best strategies for revamping DEI programming to focus more on each segment. NAREIM Talent Management meeting key takeaways.

2022 DEI Survey - tracking gender & ethnicity - to launch July 28

Jul 22, 2022: The Global Real Estate DEI Survey 2022, benchmarking gender, ethnicity and nationality in real estate investment management and the wider commercial real estate industry globally, will open for submissions on July 28. Get involved now.

Increase retention by increasing engagement – focus on stretch, mobility and feedback

March 4, 2022: Increasing employee engagement through stretch assignments, office mobility and increased feedback and 1:1 conversations with managers is key to retention in 2022. Read more key takeaways from the Talent Management meeting.

3-2 flex schedule becomes industry "standard"

Jan 21, 2022: 64% of managers are adopting 3-2 as a flex schedule in what is billed as the new “standard” for the industry. Firms are also rethinking the use of office space, and removing equipment such as cells phones and black box hard drives.

Diverse candidates feel over-targeted, pausing on moves

Diverse candidates are feeling over-targeted amid an incredible demand to hire women and people of color, and are often giving pause to efforts to hire them. Also, NAREIM’s first DEI Summit showcased 4 diversity-focused partners with strategies for hiring junior and entry-level talent.

50% back to office already - rest will return in New Year en masse

50% of managers are mandating return to office already, rest will return en masse in 2022; 3-2 expected to be the flex work strategy for the long-term. Read more about the Talent Mgt meeting

Women of color losing ground at exec/senior levels, but successes on DEI more generally

Women of color at the executive management and senior levels are departing at twice the rate of their population size in North America, despite the representation of women and people of color improving overall for CRE in 2022. Read more highlights from the Jan 26 DEI Survey meeting.

Class of 2022-2023 Jeff Barclay Fellows Announcement

Oct. 10, 2022: Each year, NAREIM awards fellowships to five outstanding graduate students in real estate programs across the United States.

Managers need to stay calm. Significant market adjustments to base-bonus were made in 2021

Jul 15, 2022: Significant market adjustments to comp were made in 2021. Now is a time to remain calm and resist developing a counter-offer culture. NAREIM Talent Management key takeaways

3-2 flex schedule becomes industry standard

Jan 24, 2022: 64% of investment managers are adopting 3-2 as a flex schedule in what is billed as the new “standard” for the industry. Firms are focused on Tues, Wed and Thurs in the office and are also rethinking the use of office space.

Diversity is a priority for majority of CRE firms, global benchmark reveals

Dec 16, 2021: 92% of CRE firms globally adopt a DEI program or initiatives to improve DEI in the workplace, with firms increasingly employing professionals dedicated to DEI or utilizing DEI committees, the first global CRE DEI Survey reveals.

Building a pipeline and the realities of DEI partnerships

Download the presentations from the NAREIM DEI Summit focused on diversity recruitment and the real-time challenges of building pipelines organically and with diversity-focused partners.

The impact of the war for talent on retention and total compensation

Download the Talent Management meeting presentations covering return to office realities, vaccine mandates, and total compensation trends post-Covid.

Creative approaches to health & wellness, driving workplace engagement and career path conversations

Oct. 27, 2022: Restructuring DEI programs, implementing co-investment opportunities, and analyzing benchmarking data. Presentations from the NAREIM Talent Management meeting in Chicago

Class of 2022-2023 Jeff Barclay Fellows Announcement

Oct. 10, 2022: Each year, NAREIM awards fellowships to five outstanding graduate students in real estate programs across the United States.

60% of firms plan >6% base salary increase

July 22, 2022: Almost two-thirds of real estate investment management firms are planning to increase base salaries by between 2% and 6% - one third saying they were planning increases only up to 4%. NAREIM Member Survey results available for download.

What does DEI success look like? Answer = Defined hiring and promotion targets

Jan 21, 2022: Four of the top five goals of DEI policies within CRE organizations relate to defined hiring and promotion targets for underrepresented groups.

2021 Resume Book launched - 470 resumes, 12 schools

The 2021 NAREIM Resume Book has launched: 408 pages, 395 resumes, 11 US schools in one book.

Target CRE's next gen at high school

Despite being a $16 trillion-dollar industry, CRE is still a relatively unknown career path among underrepresented high school students. The Real Estate Exchange (REEX) Program aims to address real estate’s lack of ethnic diversity. MIT's Kelly Cameron explain how.

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