I work in real estate. For a large company that’s within the top five of luxury real estate. We acquired or licensed or some corporate mumbo-jumbo w a major name in luxury real estate. We are hemorrhaging staff.
If this company were a body picture a knife wound in the gut and the knife has been removed.
They’ve been told numerous times via exit interviews what the problem is … inadequate wages.
The most recent one to quit they offered her a nonsense title w no pay increase but increased responsibility and the potential to move up once another position options up. Current positions all held by mid thirties and early forties people, she’d been promised this same job earlier. It never materialized but the workload increased.
She’s now leaving to work for the wife of a high ranking staff member because of better pay and opportunities.
Rather than match they talked poorly about the staff members wife and how hard it would be to go it alone without a staff position here.
She would be doing essentially the same job in the same field in the same market.
Lines from them included:
“But real estate is hard.”
“You’d have to pay taxes”
“What about your insurance”
“What if she runs out of money”
“What if the market dries up”
Bottom line? These companies don’t care and have nothing to offer you. Go where you’re valued.