Customer Support
When top talent walks out the door, it’s a direct hit to your company’s bottom line. The cost of talent replacement and training is high, but when great people leave, your corporate culture also is in jeopardy.
What Does Employee Turnover Really Cost You?
38%
More than a third of professionals are willing to leave their current job (or already have) without another one lined up.
$550 Billion
Disengaged employees cost U.S. companies up to $550 billion a year.
5x
Employees with high levels of engagement are 5x more likely to indicate that they will still be working at the same company in a year.
Calculate your company’s annual turnover costs using our Employee Turnover Cost Calculator!
Stop the Onboarding Cycle
It’s no secret that the employee turnover rate in the multifamily industry is higher than the national average. This revolving door is costly, nearly $5,000 per new hire, and takes valuable time away from elevating team performance.
If you struggle to onboard new employees, you are not alone. 52% of property management professionals say their greatest challenge is quickly training new employees.*
Without a structured onboarding process, you miss the chance to set the right expectations for your new employees and risk legal consequences if they are not properly trained.
*NAA, 2023
Avoid Regulatory Compliance Penalties
As a Training Director, you know that even simple mistakes can lead to lawsuits and fines, so onsite property teams must be trained on legal and organizational expectations from day one.
The multifamily industry is constantly evolving, and keeping up with changes and ensuring that training programs reflect the latest industry regulations and trends can be a significant challenge.
Keeping track of who has received compliance training and what version they received is impossible without the right Learning Management System (LMS). When legal issues arise, you need proof that proper training and policies are in place to be in compliance with state and federal law.
“Grace Hill is literally our one-stop-shop for all things learning and development. They have been instrumental in providing course content that meets current regulatory requirements.”
Diane Tidwell
Director of Property Management at Gumenick Properties
“Grace Hill's training is the best in real estate.”
American Business Awards®
“When COVID happened, we were just trying to figure out the day-to-day operations. Grace Hill went out and got that information — vetted and compiled it into their course curriculum — and all I had to do was assign the new courses!”
Joei Lemacks
Marketing Training Director at Lloyd Jones, LLC
“The process of creating custom courses is very intuitive and easy to follow. And for those already using Grace Hill [for training], there's no learning curve. It works just the same but with your own customized content!”
Julia Balmaceda
Human Resource Manager at Busboom Group
5 Ways To Transform Training From Average
To Amazing
Does your organization’s training have what it needs? Download this free ebook to learn the five things you need for an effective training program!
Ready to maximize the value of your talent investment and improve your bottom line?
Request a demo to see how Grace Hill helps you provide the best training and development for your employees.
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