It seems obvious that paying employees too much can cut into profits, but paying too little can too!
If your employees turn over too quickly, then customer service is compromised. As a result, that will raise tenant turnover, vacancies and turnover costs. A major cause of excess employee turnover is not paying a market rate. Therefore, to pay at the optimal level, employers need to know the market.
To find out how your company fits into the market for rental housing employees, purchase the CFAA 2019-2020 Employee Compensation and Benefits Survey!