{"id":4209,"date":"2018-08-10T08:58:48","date_gmt":"2018-08-10T13:58:48","guid":{"rendered":"http:\/\/kbicblog.com\/blog\/construction-recruiter\/?p=4209"},"modified":"2018-08-10T09:06:38","modified_gmt":"2018-08-10T14:06:38","slug":"kaye-bassman-managing-director-jeff-wittenberg-featured-national-real-estate-investor","status":"publish","type":"post","link":"https:\/\/kbicblog.com\/construction-recruiter\/blog\/kaye-bassman-managing-director-jeff-wittenberg-featured-national-real-estate-investor\/","title":{"rendered":"Kaye\/Bassman Managing Director, Jeff Wittenberg, Featured in National Real Estate Investor"},"content":{"rendered":"
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FINANCE & INVESTMENT<\/a><\/div>\n

\u201cThere Isn\u2019t Enough of Anyone\u201d Recruiters Say of Hiring for CRE Positions<\/h1>\n
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While there may be a smaller pool of qualified individuals to step into higher-level roles, recruiters and hiring managers also have to grapple with a historically low U.S. unemployment rate.<\/div>\n
 <\/div>\n<\/div>\n

Mary Diduch<\/a> | Aug 09, 2018<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n

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As the unemployment rate <\/strong>in the U.S. remains at an all-time low, commercial real estate companies are eager to add experienced employees\u2014if only they can find them.<\/p>\n

\u201cThe commercial real estate sector, as a whole, feels the pinch of attracting young talent,\u201d says Marc Torrey, global sales director at SelectLeaders, an online job platform that focuses on the real estate and finance industries.<\/p>\n

This pinch also compounds the struggle to diversify an industry known to be mostly white and male, and where women continue to be promoted less frequently and see a greater pay disparity compared to men<\/a>. While there have been moves within the industry to recruit more diverse candidates, there is still more that needs to be done, recruiters say.<\/p>\n

\u201cThe challenge, however, remains there just aren\u2019t enough minority [candidates]\u2014there isn\u2019t enough of anyone,\u201d says Jeff Wittenberg<\/a>, managing director at Texas-based recruiting firm Kaye\/Bassman International Corp.<\/p>\n

The hiring issues began with the Great Recession more than a decade ago. When the financial crisis hit and money from the capital markets dried up, people fled the industry and companies downsized.<\/p>\n

When the economy bounced back, there seemed to be a sudden increased need for more workers, a spike that occurred around 2014. \u201cThere were so many needs created in such a short amount of time,\u201d Wittenberg<\/a> says.<\/p>\n

During and shortly after the crisis, there was also no hiring at the entry level. \u201cThat lack of training has created a shortage of people who can step into mid-level positions right now,\u201d says Dianna Rudd, senior director of facility staffing and recruitment at IMPEC Group, a California-based workplace consulting and facility management firm.<\/p>\n

Today\u2019s candidate searches are stubbornly demanding, and firms are grasping to find talented individuals to fill more roles. \u201cThe atmosphere \u2026 is, \u2018I want somebody who can do everything right now,’\u201d Rudd says.<\/p>\n

And while there may be a smaller pool of qualified individuals to step into higher-level roles, recruiters and hiring managers also have to grapple with a historically low U.S. unemployment rate. In July, the unemployment rate in the U.S. was 3.9 percent, slightly higher than May\u2019s rate of 3.8 percent, one of the lowest in the country\u2019s history, according to the Bureau of Labor Statistics. For the real estate and rental and leasing category, there was a 3.5 percent increase in jobs added in July from June.<\/p>\n

Adair Bryan, human resources business partner at real estate services firm Transwestern, wrote in an email that he has seen more employment opportunities, but fewer applicants. \u201cThe best candidates often receive multiple job offers. This creates a higher demand for talent and more of a competitive candidate market,\u201d Bryan wrote.<\/p>\n

In 2006, when the economy was booming, it took about 50 views of a job post for someone to apply to that job\u2014a high figure compared to the 10 views it would take a candidate to apply in 2013, when the economy was still in recovery mode, Torrey says.<\/p>\n

In 2018, it takes about 30 views for a candidate to apply for a position, which makes it harder for recruiters to find candidates who are actively looking for a job, Torrey says. \u201cIt\u2019s still a really passive market,\u201d he says.<\/p>\n

Read more<\/a><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

FINANCE & INVESTMENT \u201cThere Isn\u2019t Enough of Anyone\u201d Recruiters Say of Hiring for CRE Positions While there may be a smaller pool of qualified individuals to step into higher-level roles, recruiters and hiring managers also have to grapple with a historically low U.S. unemployment rate.   Mary Diduch | Aug 09, 2018 …<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"image","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[1],"tags":[1050,186,1051,578],"class_list":["post-4209","post","type-post","status-publish","format-image","hentry","category-blog","tag-finding-candidates","tag-kayebassman","tag-managing-director-jeff-wittenberg","tag-real-estate","post_format-post-format-image","column","twocol"],"yoast_head":"\nKaye\/Bassman Managing Director, Jeff Wittenberg, Featured in National Real Estate Investor - Construction & Real Estate Recruiting<\/title>\n<meta name=\"description\" content=\"Construction Recruiter in Dallas Texas\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/kbicblog.com\/construction-recruiter\/blog\/kaye-bassman-managing-director-jeff-wittenberg-featured-national-real-estate-investor\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kaye\/Bassman international\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/kbicblog.com\\\/construction-recruiter\\\/blog\\\/kaye-bassman-managing-director-jeff-wittenberg-featured-national-real-estate-investor\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/kbicblog.com\\\/construction-recruiter\\\/blog\\\/kaye-bassman-managing-director-jeff-wittenberg-featured-national-real-estate-investor\\\/\"},\"author\":{\"name\":\"Kaye\\\/Bassman international\",\"@id\":\"https:\\\/\\\/kbicblog.com\\\/construction-recruiter\\\/#\\\/schema\\\/person\\\/f098fa972499895f61727b72e6f2e2d8\"},\"headline\":\"Kaye\\\/Bassman Managing Director, Jeff Wittenberg, Featured in National Real Estate Investor\",\"datePublished\":\"2018-08-10T13:58:48+00:00\",\"dateModified\":\"2018-08-10T14:06:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/kbicblog.com\\\/construction-recruiter\\\/blog\\\/kaye-bassman-managing-director-jeff-wittenberg-featured-national-real-estate-investor\\\/\"},\"wordCount\":604,\"image\":{\"@id\":\"https:\\\/\\\/kbicblog.com\\\/construction-recruiter\\\/blog\\\/kaye-bassman-managing-director-jeff-wittenberg-featured-national-real-estate-investor\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.nreionline.com\\\/sites\\\/nreionline.com\\\/files\\\/styles\\\/article_featured_standard\\\/public\\\/job%20applicants-GettyImages-896870148-1540.jpg?itok=gTmjXlfu\",\"keywords\":[\"finding candidates\",\"Kaye\\\/Bassman\",\"Managing Director Jeff Wittenberg\",\"real estate\"],\"articleSection\":[\"Blog\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/kbicblog.com\\\/construction-recruiter\\\/blog\\\/kaye-bassman-managing-director-jeff-wittenberg-featured-national-real-estate-investor\\\/\",\"url\":\"https:\\\/\\\/kbicblog.com\\\/construction-recruiter\\\/blog\\\/kaye-bassman-managing-director-jeff-wittenberg-featured-national-real-estate-investor\\\/\",\"name\":\"Kaye\\\/Bassman Managing Director, Jeff Wittenberg, Featured in National Real Estate Investor - 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