by IvyLee Rosario

When property management companies lose staff, they must place more responsibility on a smaller amount of employees, leading to burnout and instability within the group and at the individual buildings. Additionally, employee turnover wastes time and can be costly in the long-term. The average cost to replace a salaried employee is six to nine months of the employee’s salary, according to the Society for Human Resource Management.

Read IvyLee Rosario’s entire article in Multi-Housing News.