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- BGSF February 2025 Jobs Report: Strong Hiring, But Is the Market Cooling?
The latest February 2025 Jobs Report shows a moderating labor market , with 151,000 jobs added , a sign that hiring is slowing but not stopping . The unemployment rate held steady at 4.1% , reflecting a job market that is cooling compared to the rapid growth of 2023 but still offering opportunities in key industries. For industries that BGSF specializes in—professional services, property management, and the public sector—opportunities remain strong . Demand continues to grow in finance, real estate, leasing, maintenance, and public sector roles, making now an important time for employers to fine-tune hiring strategies and for job seekers to stay proactive. Key Highlights from the February Jobs Report ✅ 151,000 jobs added , reflecting a slowdown in hiring compared to previous months ✅ Unemployment remained stable at 4.1% , with 7.1 million unemployed individuals ✅ The number of people not in the labor force but who want a job rose by 414,000 to 5.9 million , expanding the potential talent pool ✅ Professional & business services and real estate sectors continued to see hiring demand ✅ State and local government jobs remain strong , driven by public services and education ✅ Average hourly earnings rose by 0.3% MoM and 4.0% YoY , signaling continued but moderate wage growth ✅ December and January job revisions were minor, with a net decrease of just 2,000 jobs from previous reports What This Means for Employers While overall hiring has slowed, demand remains strong in key sectors , meaning employers still need to stay competitive in attracting top talent. 🔹 Leasing & Rental Services Show Steady Growth – 3,000 jobs were added in February , highlighting continued demand for leasing professionals, property managers, and maintenance technicians. Even as new apartment construction slows, a record 518,000 new rental units are expected to be completed in 2024, increasing the need for talented professionals to lease, manage, and maintain properties. For property management firms, now is the time to strengthen hiring strategies to ensure top talent is in place as occupancy levels rise. Kelly Brown, President of BGSF’s Property Management Division, explains: " With a record number of apartment units being completed , property management hiring remains strong. We’re seeing continued demand for leasing agents, maintenance technicians, and property managers as communities fill vacancies and maintain properties. Now is the time for employers to secure top talent and for job seekers to find stable, rewarding roles in this growing industry." 🔹 State & Local Government Continue Hiring – 21,000 new jobs were added across education, public services, and administration roles, reinforcing the need for skilled professionals in the public sector. Many government agencies are still facing staffing shortages and need fast, efficient hiring solutions to meet demand. Through BGSF’s HGACBuy partnership , we help government agencies streamline hiring and connect with pre-vetted talent quickly , ensuring they can fill crucial roles without the delays of traditional procurement processes. Eric Peters, President of BGSF’s Professional Division, emphasizes the importance of strategic hiring in the public sector: "State and local governments need the right talent to keep essential services running, but hiring can often be a slow, complex process. Through our HGACBuy partnership , we’re able to provide government agencies with immediate access to highly qualified professionals, cutting through red tape and ensuring they can fill critical positions faster." 🔹 Professional Services Hiring Holds Steady – While professional and business services saw a slight decline of 2,000 jobs, the sector remains a key driver of employment. Employers in finance, administration, and consulting should focus on retention strategies, as competition for skilled professionals remains high despite slowing wage growth. 🔹 An Expanding Talent Pool – The number of people who want a job but aren’t in the labor force increased by 414,000 to 5.9 million. This represents a potential untapped workforce for employers who are willing to offer flexible schedules, career development programs, and targeted outreach to bring these workers back into the job market. 🔹 Wage Growth is Moderating – Average hourly earnings rose by 0.3% in February and 4.0% YoY , marking a slower pace of wage increases. This could help ease cost pressures for employers, but it also means companies must focus on total compensation packages—like benefits, flexibility, and career development—to attract and retain top employees. By taking a strategic approach to hiring, employers can stay ahead of the competition and secure the right talent to drive business success in 2025. What This Means for Job Seekers Opportunities still exist in key industries , but with hiring slowing and more people looking for jobs , competition may be increasing. BGSF Advice for Job Seekers: ✅ Move quickly – Jobs in high-demand sectors are still available but could fill faster . ✅ Focus on industries with continued demand – Leasing, property management, and public sector jobs remain strong hiring areas . ✅ Be flexible in your job search – With more candidates entering the job market , consider expanding your search to industries that are hiring . ✅ Look beyond salary – With wage growth slowing , consider the full compensation package , including benefits, career growth opportunities, and flexibility. February’s report confirms that hiring is slowing, but key industries—like property management, leasing & rental services, and government—are still expanding. Employers should refine their hiring strategies to attract talent, while job seekers should act quickly to secure opportunities. At BGSF, we’re here to help both businesses and job seekers navigate these shifts. Whether you’re looking to hire top talent or land your next role, we’ve got the expertise to guide you. Let’s connect and make 2025 a year of opportunity! Contact BGSF today! About BGSF BGSF is a leading workforce solutions provider that connects employers with top talent across industries such as property management, professional services, IT, and managed solutions. With a commitment to building strong partnerships, BGSF delivers innovative staffing strategies that empower businesses and job seekers alike. For media inquiries, please contact our Media Relations team
- Preventing Fraud in Multifamily Housing: Best Practices for Property Owners and Managers
In today’s rapidly evolving multifamily housing market, property owners and managers face a variety of challenges. Among these, fraud remains a significant concern, impacting not only the financial stability of a property but also its reputation. Fraudulent activity can range from identity theft to rental payment fraud, lease violations, and even insider misconduct. As such, it’s essential to implement robust measures to detect and prevent fraudulent behavior. In this blog, we’ll explore some of the best practices for preventing fraud, with a special focus on how AI and technology are transforming strategies. Fraud Prevention Best Practices Leverage AI-Driven Screening Tools AI-driven tools have revolutionized the resident screening process. Instead of relying solely on traditional methods of verifying identity and financial history, AI can analyze a wealth of data sources in real-time. These tools can detect inconsistencies in information, identify suspicious patterns, and flag potential red flags, such as inconsistent rental histories or unusual credit activity. For example, AI algorithms can compare a potential resident’s information against a broader database of known fraud indicators, helping property managers identify individuals who may be using false identities or have a history of fraudulent activity. Implement Advanced Payment Monitoring Systems Fraudulent rental payment schemes are a growing issue in multifamily housing. One of the most effective ways to prevent fraud in payments is by utilizing technology that tracks and monitors every transaction in real-time. AI-powered payment systems can flag unusual payment behavior, such as attempted chargebacks, overpayment anomalies, or the use of stolen payment methods. For example, integrating digital payment platforms with fraud detection algorithms can provide immediate alerts to property managers when a payment raises suspicion, allowing them to take swift action before significant losses occur. Adopt Blockchain Technology for Lease Agreements Blockchain technology, known for its ability to securely track transactions, can be a powerful tool in preventing fraud in lease agreements. By creating an immutable record of all lease-related activities, such as lease signing, renewals, and payments, blockchain ensures that no data can be altered or deleted without proper authorization. This transparency helps both property owners and residents maintain trust and provides a clear, unchangeable history of transactions. With blockchain in place, fraudulent activities, such as falsified lease terms or altered payment records, become much more difficult to execute. Conduct Regular Audits and Data Analytics Fraud often begins with small discrepancies that go unnoticed until they snowball into significant issues. By regularly auditing financial records and using data analytics, property owners and managers can spot irregularities early. AI tools can analyze financial statements, lease records, and payment histories, highlighting discrepancies and identifying patterns that might indicate fraud. Automating this process using AI-driven software ensures continuous monitoring, freeing up time for property managers to focus on mitigating risks and making data-driven decisions. Enhance Employee Training and Awareness While technology plays a crucial role in preventing fraud, the human element is equally important. Property managers and staff must be trained to recognize the signs of potential fraud and know how to respond effectively. AI can assist in this regard by providing real-time alerts and data on unusual activities, but human vigilance is key in applying the right responses. Providing ongoing education about emerging fraud schemes and the latest security technologies ensures your team stays ahead of potential threats. Additionally, a culture of transparency and accountability within the organization can discourage fraudulent behavior among employees. Embrace Digital Lease Signing and Verification The process of signing leases digitally has become standard in the multifamily industry, and it’s also an effective tool in preventing fraud. By utilizing secure digital platforms for lease agreements, property managers can ensure that all signatures are authentic and that documents are securely stored and time-stamped. This reduces the risk of fraudulent lease alterations or disputes over contract terms. Moreover, digital identity verification technologies, such as biometric authentication or multi-factor verification, can be incorporated into the lease-signing process to further ensure that the individual signing the lease is who they say they are. Install Automated Access Control Systems Access control systems are another critical component of security in multifamily housing. AI-powered systems can automate access management, ensuring that only authorized individuals are granted entry into specific areas of the property. These systems can analyze factors such as entry logs, biometric data, and access history to detect suspicious activity, such as multiple unauthorized access attempts. By incorporating automated access systems, property managers can not only prevent fraud but also reduce the risk of physical theft and ensure the safety of both tenants and staff. A Proactive Approach to Fraud Prevention Fraud in multifamily housing is a persistent threat, but with the right blend of best practices, technology, and vigilance, property owners and managers can significantly reduce the risk of fraudulent activities. By leveraging AI, blockchain, and other advanced technologies, property managers can take a proactive stance against fraud—spotting potential issues early, preventing financial losses, and safeguarding the integrity of their properties. At BGSF, we understand the challenges of managing multifamily properties in an increasingly digital world, and we’re here to support you with staffing and consulting solutions tailored to your needs . Whether you’re integrating AI into your operations or looking for additional expertise to handle security and fraud prevention, BGSF can help ensure your property stays protected. Contact BGSF today to learn how our expert solutions can streamline your operations and bolster your fraud detection efforts.
- AI in the Workplace: Balancing Hope, Fear, and Opportunity
The rise of artificial intelligence (AI) has sparked a significant shift in the workplace. For many employees, this new technological frontier is a source of both excitement and anxiety. While AI offers incredible potential to streamline processes, enhance productivity, and unlock new opportunities, it also raises valid concerns about job displacement and the future of work. Let’s explore the sentiments surrounding AI in the workplace, balancing the hope, fear, and opportunities it presents. The Divide: How Employees Feel About AI’s Impact on Their Jobs A recent Pew Research Center report shows a fascinating yet divided perspective on AI. While 36% of workers express hope about the potential for AI to improve their jobs, there’s a palpable sense of apprehension. A significant 52% of workers are worried about AI’s impact on their future in the workplace, with 33% feeling overwhelmed by the changes it might bring. This fear often stems from the perception that AI could replace human roles, especially in lower- and middle-income sectors where job security is already a concern. On the flip side, 29% of workers feel excitement about AI’s role in their work, viewing it as a tool that could enhance their efficiency and capabilities. These mixed emotions—hope, fear, and excitement—highlight the complex relationship workers have with AI. While some see it as a transformative force for good, others worry about its consequences. The key lies in navigating these emotions with a balanced approach. AI as a Tool for Efficiency, Not Replacement A staggering 63% of employees don't use AI in their jobs, and it seems that the central fear among many is that AI will replace them. However, the reality is that AI, when used correctly, can be a powerful tool for enhancing productivity rather than replacing workers. For instance, AI’s ability to automate repetitive tasks frees up time for employees to focus on more strategic and creative aspects of their work. This can lead to greater job satisfaction and more engaging roles for workers. AI can also assist employees by improving the speed of work rather than its quality. AI chatbots and virtual assistants are increasingly being used in workplaces for research, content editing, and drafting reports, areas where workers can benefit from AI’s ability to process information quickly. This shift in how AI is perceived—more as a tool for efficiency rather than quality enhancement—could help alleviate some of the anxieties workers feel. The Opportunity: Job Creation in the Age of AI A smaller yet vocal group of workers (6%) believes that AI will create more job opportunities , and for good reason. As businesses adopt AI technologies, new roles are emerging in fields like AI development, data analysis, machine learning, and IT support. Moreover, industries such as information technology, banking, finance, and professional services are already seeing the positive impact of AI adoption. These sectors are leading the way in integrating AI into daily operations, creating new opportunities for workers with the right skill sets. To truly leverage these opportunities, businesses must invest in upskilling their workforce. AI-related training can equip employees with the tools they need to excel in an AI-enhanced environment. Encouraging employees to learn AI skills, such as machine learning, data analysis, and automation management, will be crucial in ensuring that the workforce remains competitive and adaptable. Bridging the Skills Gap However, there’s a gap between the need for AI skills and the actual training employees are receiving. Only 24% of workers who received job training in the last year reported that it included AI-related content. As AI continues to evolve, businesses must prioritize AI education to prepare their teams for the future. In fact, 35% of workers believe AI skills are crucial for career success, though they still lag behind other soft skills like communication and critical thinking. Embracing the Future of AI in the Workplace As AI continues to reshape the workplace, businesses need to approach its implementation thoughtfully. Addressing employee concerns while highlighting the benefits AI offers can help foster a more positive and open attitude toward AI. By investing in AI training, emphasizing AI as a tool for efficiency, and creating new opportunities for skilled workers, businesses can ensure that AI becomes a catalyst for growth and innovation rather than a source of fear. At BGSF, we understand the importance of adapting to these technological changes. As a company focused on supporting businesses with staffing and consulting solutions, we can help bridge the gap between skepticism and adoption. Contact us to learn more!
- Breaking Down Federal Housing Policies: What Property Managers Need to Know
With a new administration in place and critical funding decisions on the table, property managers must stay ahead of federal policies that directly impact the rental housing industry. Let’s break down what’s happening and what it means for property management teams. A Review of Federal Housing Policies HUD Funding & Rental Assistance: What’s at Stake? The federal government is reevaluating funding for key housing programs, including the Section 8 Housing Choice Voucher (HCV) program. The industry was relieved to see the administration recognize the importance of rental assistance, particularly after an initial funding freeze, but the conversation is far from over. Why This Matters for Property Managers: More funding = more residents with stable rental assistance A well-funded HUD means better support for affordable housing providers Cuts to HUD could impact payments, administrative processes, and resident retention The Tax Policy Shakeup: How It Could Impact Property Owners With the 2017 Tax Cuts and Jobs Act (TCJA) set to expire in 2025, rental property owners and operators could face major tax increases. Three Key Tax Issues to Watch: The 20% Qualified Business Income Deduction (Section 199A): If this expires, pass-through entities like LLCs and partnerships will see a tax increase, making it more expensive to operate rental housing. The Low-Income Housing Tax Credit (LIHTC): This program has built or preserved 4 million affordable units, but advocates are pushing for an expansion to meet demand. State & Local Tax (SALT) Deductions: If eliminated, property taxes (already making up 40% of operating expenses) will hit property owners. Rent Costs & Supply Shortages: What’s Next? After years of rising rents, the market is starting to stabilize, thanks in part to record levels of new apartment construction in 2024. However, 2026 could bring another supply shortage as high interest rates and declining building permits slow down development. The Big Picture: According to the National Apartment Association (NAA), Multifamily building permits fell 23% in October 2024 Housing starts were down 29% The U.S. needs to build 266,000 apartments per year to meet demand How This Affects Property Managers: Short-term: Rent growth may slow in some markets as new supply hits. Long-term: If construction slows, expect rising demand and rent pressures in 2026. Rent Control & Zoning Reform: The Policy Battle States and cities are debating rent control laws and zoning changes that will impact housing supply. While rent control policies can limit property managers’ ability to adjust pricing based on market conditions, zoning reform is a step in the right direction to encourage more housing development. The Eviction Notice Debate: Federal vs. State Rules A key issue still being debated is whether a federal 30-day eviction notice requirement—originally a temporary COVID-era policy—should remain in place for properties with federal backing. Property managers should be aware of potential federal eviction policy changes and how they might impact lease enforcement. Final Thoughts: What Property Managers Should Do Now Federal policies shape the rental housing market, and 2025 is set to be a pivotal year. Property managers can take action by keeping up with legislative changes and industry advocacy efforts and preparing for potential shifts in rental demand, operating costs, and tax obligations. Scalable staffing solutions can help keep your property operations adaptable in a fluctuating housing market. Contact us today for on-demand talent!
- Unlocking PropTech Potential: Insights from REFEA’s PropTech Playbook Panel
The PropTech landscape is evolving at an unprecedented pace, and at this month's Real Estate Financial Executives Association (REFEA) event, industry leaders gathered to discuss the latest strategies for streamlining technology, centralizing operations, and driving innovation in real estate. Hosted by BGSF, "The PropTech Playbook" panel brought together key industry voices to share their insights on the challenges and opportunities in real estate technology. The panel was moderated by Stuart Sides, BGSF's Executive Vice President of Strategic Solutions, and included Andrew Hill, BGSF's Senior Vice President of the Property Management Division, and Christie Bennett , Vice President, Systems Operations & Performance for Willow Bridge . Key Themes from the Panel Tech Consolidation & Optimization A growing number of real estate companies are struggling with an overwhelming number of technology platforms, with hundreds of platforms creating inefficiencies rather than improving operations. The consensus from the panel was clear: streamlining tools, eliminating redundancies, and optimizing existing technology are critical. A significant issue arising from multiple technology platforms is the creation of data silos. These silos impede seamless data integration, leading to operational inefficiencies and increased costs. For instance, different tools and platforms may not integrate , requiring custom solutions or manual processes to transfer data. Streamlining technology platforms can lead to substantial cost savings and operational improvements. Consolidating workflows across energy reporting, maintenance, tenant billing, and capital planning has been shown to reduce expenses by 1-5 cents per square foot. Andrew also emphasized the importance of understanding technology overlap to reduce unnecessary complexity. He discussed the need for organizations to clean up their tech stack and ensure they are getting the maximum value from their solutions. AI & Automation In property management, artificial intelligence (AI) is increasingly reshaping leasing and resident interactions, improving efficiency in routine tasks. However, as discussed by the panel, a balanced approach is necessary. AI can streamline operations, yet human oversight remains essential to ensure compliance and deliver personalized service. As highlighted in our blog , technology aids efficiency, but human involvement remains key to maintaining strong relationships with residents, handling complex situations, and fostering community engagement. Combining AI with human expertise ensures optimal service delivery and community-building in property management. Centralization for Efficiency Centralized operations are no longer a future goal; they are actively being implemented across the industry. From accounts payable and resident screening to leasing and customer service, organizations are shifting toward centralization to reduce redundancies, improve cost control, and enhance the user experience. Andrew discussed the critical role of AI in enabling centralized operations, ensuring that processes are more efficient while maintaining a high level of service. Enhancing Resident & Customer Experience The panelists underscored the importance of a seamless, 24/7 resident engagement model. Companies are currently investing in smart package management solutions and rewards-based payment programs to boost tenant satisfaction and retention. AI-powered communication platforms are also revolutionizing interactions between property managers and tenants. These sophisticated tools automate responses, provide data-driven insights, and foster a more engaging tenant experience. By leveraging technologies such as chatbots and automated email responses, property managers can streamline workflows, reduce manual tasks, and focus on delivering outstanding service. This transformation not only improves operational efficiency but also elevates tenant satisfaction to new heights. Fraud Prevention During the Q&A session, one of the most pressing questions revolved around applicant fraud and the role of technology in detecting and preventing fraudulent activity. With fraud tactics becoming increasingly sophisticated, property managers are investing in advanced screening solutions, better data integration, and trust-building measures to mitigate risk. The panelists highlighted AI-driven fraud detection tools as a key component of the industry’s defense strategy, offering real-time monitoring, predictive analytics, and automated threat detection. These tools leverage machine learning algorithms to analyze vast amounts of transactional and behavioral data, identifying anomalies and patterns indicative of fraudulent activity. AI-powered fraud prevention systems can reduce false positives, improve accuracy, and adapt to evolving threats, making them an essential asset in combating financial crime. As fraud schemes become increasingly sophisticated, businesses across industries—including finance, e-commerce, and property management—are integrating AI-driven solutions to safeguard assets, protect consumer trust, and ensure compliance with regulatory requirements. The Big Picture: Where PropTech is Headed The real estate industry is embracing PropTech at an accelerated rate to enhance operational efficiency, expand market share, and improve tenant experiences. However, the discussion made one thing clear: technology is only as valuable as its implementation strategy. Balancing automation with the human element remains essential to long-term success. A huge thank you to our expert panelists—Christie, Andrew, and Stuart—as well as all attendees who contributed to this dynamic discussion. We look forward to seeing how these insights shape the future of PropTech and real estate innovation. Stay tuned for more industry insights from BGSF and contact us today with any PropTech questions you have! Our experts are ready to support you today.
- The Cost of an Empty IT Seat: Why Unfilled Roles Can Be Costlier Than You Think
Leaving an IT role unfilled might seem like a cost-saving strategy, but in reality, it’s bleeding your business dry. From project delays to security risks, the cost of vacancy (COV) in IT is higher than you think. You might not see the number ticking up on a spreadsheet, but the impact is real: delayed projects, security vulnerabilities, overworked teams, and frustrated customers. In today’s tech-driven world, companies can’t afford to leave IT roles open for too long. Let’s break down the hidden costs of an empty IT seat—and why a strategic staffing approach is the solution. The True Cost of a Vacancy in IT Project Delays and Revenue Loss When a critical IT role is vacant, projects slow down—or worse, stall completely. Whether it’s a system upgrade, cloud migration, or cybersecurity enhancement, every delay impacts revenue and operational efficiency. According to the Society for Human Resource Management (SHRM) , each unfilled position costs companies an average of $4,129 over a 42-day vacancy period, which equates to approximately $98 per day in lost productivity. For revenue-generating roles, the cost can escalate to as high as $7,000 to $10,000 per month. Increased Security Risks Cyber threats don’t wait for you to fill your open security analyst or cloud architect role. A lean IT team may struggle to monitor systems effectively, leaving your business vulnerable to breaches, data leaks, and compliance violations. The longer a security role stays open, the higher the chance of an incident—and the average cost of a data breach in 2023 hit $4.45 million globally. Overworked Employees and Burnout An empty seat doesn’t mean the work disappears. Instead, existing team members take on extra tasks, leading to stress, burnout, and ultimately, turnover. Replacing an IT employee can cost up to 150% of their annual salary , making retention a key priority. A single vacant position can trigger a domino effect, pushing valuable employees out the door. Missed Innovation Opportunities Tech moves fast. If your organization is understaffed, you’re not just maintaining the status quo—you’re falling behind. Businesses with IT talent gaps struggle to implement new technologies, optimize systems, or stay competitive in an evolving market. What’s the cost of missing out on AI advancements, cloud efficiencies, or automation? More than you think. Customer Experience Takes a Hit Your customers expect seamless digital experiences, fast response times, and secure transactions. If IT vacancies cause slow service, technical issues, or downtime, customers will notice—and they won’t hesitate to take their business elsewhere. According to a recent study, 91% of customers leave a brand after just one bad experience. How BGSF Helps You Fill IT Gaps—Fast The longer a role stays open, the bigger the impact. But hiring the right IT talent doesn’t have to be a slow or painful process. BGSF specializes in IT staffing and managed solutions to keep your business running smoothly, no matter the challenge. Rapid Placement – Whether you need contract, contract-to-hire, or direct hire IT professionals, we quickly match you with top-tier candidates. Industry Experts – Our recruiters specialize in IT, ensuring you get the right skills and experience for your unique needs. Scalable Solutions – Need one key hire or an entire project team? We adapt to your business goals. Risk Reduction – Reduce security vulnerabilities, prevent burnout, and keep innovation on track with the right talent in place. Don’t Let an Empty IT Seat Cost You More An open IT position doesn’t just impact your team—it affects your entire business. Don’t let project delays, security risks, and burnout pile up. BGSF is here to connect you with the IT professionals you need to stay ahead. Let’s fill that seat before it costs you more. Connect with us today .
- Staff Smarter, Not Harder: How Flexible Staffing Can Lower Your OPEX in Property Management
In the competitive world of property management, minimizing operational expenses (OPEX) without sacrificing quality is essential for maintaining profitability and service standards. One of the most effective strategies to achieve this is through flexible staffing—adapting your workforce to the specific needs of your properties while optimizing costs. Here’s how implementing flexible staffing solutions can streamline your operations and lower your OPEX in property management. Streamline Your Ops, Lower Your OPEX Scalability for Fluctuating Demand The property management industry experiences fluctuations in staffing needs due to seasonality, maintenance schedules, and unexpected events such as tenant turnover or emergencies. By utilizing a flexible staffing model, you can scale your workforce up or down based on the current demand. This ensures you’re not overstaffed during slow periods or understaffed during peak times. For example, hiring temporary maintenance staff during peak season ensures properties are well-maintained without the long-term commitment of additional full-time employees. Similarly, staffing can be ramped up during move-in/move-out periods or as you prepare for inspections and leasing events. Access to Specialized Talent Property management requires a wide variety of skill sets—from maintenance and leasing to customer service and administration. Instead of hiring a full-time, permanent employee for every role, flexible staffing allows you to tap into specialized talent on a short-term basis when specific expertise is needed. If a complex system needs upgrading or a unique project arises (like major renovations or a marketing campaign), you can bring in skilled professionals for a set period, lowering your overall OPEX while accessing top-tier talent for your projects. Reduced Training and Benefits Costs Hiring temporary staff or contractors significantly reduces the costs associated with onboarding, training, and benefits. Permanent employees come with a range of fixed costs—healthcare, retirement plans, paid time off—that are not associated with flexible staffing solutions. As a result, property managers can achieve a more efficient bottom line while still maintaining high levels of service, as temporary staff are often already trained or require minimal training to integrate into operations. Also, with BGSF's SmartHire Payrolling , you provide the candidate, we onboard them and take on all their associated costs, including Workers' Compensation and unemployment taxes. Then, if you decide to bring them onto your payroll, there are no minimum hours or buyout/conversion fees. Minimized Overtime Expenses When permanent employees are stretched thin or when properties require extra attention, overtime hours can quickly add up, leading to increased costs. Flexible staffing helps reduce the need for overtime, as you can hire additional staff for specific tasks without exceeding your regular payroll budget. By strategically managing your workforce, you can ensure that work is completed within regular hours, keeping your OPEX under control while maintaining a healthy work-life balance for your staff. Improved Focus on Core Operations When your staffing needs are met through a flexible model, your permanent team can focus on the most important aspects of property management—resident relationships, budgeting, and long-term strategic goals. Rather than spending time on short-term tasks or filling gaps, your core team can be more effective in driving the growth and sustainability of the property, all while keeping OPEX under control. Contingency for Unexpected Events Property management isn’t without its surprises. Whether it’s an emergency repair, a sudden influx of requests, or unexpected regulatory changes, having a flexible staffing solution in place ensures you can respond quickly without overburdening your existing team or exceeding your OPEX budget. By maintaining a pool of pre-vetted staff who can step in as needed, you can respond to challenges in real time, minimizing disruptions and keeping costs contained. Long-Term Cost Savings While it might seem like hiring temporary staff could be more expensive in the short term, the long-term benefits of flexibility outweigh the costs. By using flexible staffing models, property managers can reduce turnover, avoid the need for costly layoffs, and stay nimble in an ever-changing market. In the long run, this approach helps businesses save on recruitment costs, streamline operations, and improve tenant satisfaction—all contributing to a lower OPEX. Transform Your Property Management Operations In property management, the key to reducing operational expenses while maintaining efficiency and service quality lies in staffing smartly. Flexible staffing offers a cost-effective and scalable solution that ensures your team is always optimized for the task at hand. Whether it's adapting to fluctuating demand, accessing specialized expertise, or keeping overtime costs in check, a flexible staffing model provides the necessary agility to stay competitive while managing your bottom line. If you're looking to reduce your OPEX while maintaining high-quality operations, flexible staffing can be the game-changer you need. Contact BGSF to discover how we can help streamline your property management processes with the right staffing solutions.
- Navigating the Hiring Landscape in 2025: Key Insights from Employers and Job Seekers
As we look ahead to the hiring challenges of 2025, our two recent LinkedIn polls shed light on the evolving obstacles faced by both employers and job seekers. With the job market constantly changing, understanding these challenges can help businesses and candidates alike stay ahead of the curve. The Challenges Job Seekers Face in 2025 The first poll focused on the struggles job seekers encounter during their search. While opportunities are out there, finding the right fit remains a major concern: Lack of Relevant Openings (69%): The overwhelming majority of respondents pointed to a lack of job opportunities that match their skills and experience. As industries shift and job requirements evolve, many professionals find themselves searching for roles that may no longer exist in their current form. LinkedIn follower Michelle shared her frustration: "Too many people applying for the same position and my resume being lost in the mix." Similarly, Kevin highlighted the long search process many job seekers face: "A lot of us have real-life experience and have been in our expertise roles for a while, but due to the job market, a lot of people continue to struggle. I am one of them, 90 days later, still searching every day." For many professionals, persistence is key, but upskilling, networking, and exploring adjacent industries can also improve job prospects. Interview Nerves (15%): Even the most qualified candidates can struggle with interview anxiety. The pressure of presenting oneself well in a short period can be daunting. As companies increasingly rely on structured interviews and behavioral assessments, job seekers can benefit from mock interviews and confidence-building techniques to improve their performance. However, Victoria sees this as a skill that improves over time: "I think challenges like these tend to disappear with time and practice. Job hunting is about strategy, resumes get easier the more you write, interviews are just practice, and tech skills come with use. The real challenge is often something deeper—like finding the right fit or breaking into a new industry." Writing Resumes/Cover Letters (11%): Standing out in a crowded job market requires well-crafted resumes and cover letters, yet many job seekers struggle with how to showcase their skills effectively. Elisabeth shared her experience with the frustration of not even getting the opportunity to interview: "Just getting the chance to interview. I know what I am worth, but no one is giving me a chance to even talk about what I can do. I get more rejections than I get interview requests. I only apply for positions I 100% know I could be successful in and an asset to the company. It’s very frustrating when they send a rejection stating I don’t meet the needs for what they are looking for. With applicant tracking systems (ATS) playing a bigger role in hiring, tailoring resumes with the right keywords and formatting is more important than ever. Keeping Up with Technology (5%): While a smaller percentage of respondents cited technology as a barrier, staying updated on industry tools and digital trends remains crucial. Candidates who proactively learn new systems and software relevant to their field will have a competitive edge in securing opportunities. The Challenges Employers Face in 2025 Hiring On the other side of the hiring equation, employers are facing their own set of difficulties in securing top talent. The second poll revealed four major concerns: Finding Skilled Candidates (42%): The biggest hiring challenge employers anticipate in 2025 is sourcing qualified talent. Industries like technology, healthcare, and skilled trades continue to experience a shortage of workers with the right expertise. To combat this, companies may need to invest in training programs, internal talent development, and alternative talent pipelines. Offering Competitive Salaries (30%): As the job market remains competitive, compensation expectations are rising. Employers are under pressure to balance budget constraints while attracting and retaining top talent. Beyond salary, companies must offer strong benefits, career growth opportunities, and workplace flexibility to stay competitive. Managing Hybrid/Remote Work (23%): The shift to hybrid and remote work remains a significant challenge. Companies must balance flexibility with collaboration, productivity, and culture-building. Employers that develop clear policies, invest in communication tools, and foster engagement across in-office and remote teams will be better positioned for long-term success. Managing Recruitment Timelines (5%): While only a small percentage of respondents saw recruitment timelines as a major issue, speed still matters in today’s hiring environment. Delayed decision-making can lead to losing top candidates to competitors. Employers should streamline hiring processes and leverage technology to make timely decisions. How Businesses and Job Seekers Can Adapt The insights highlight the evolving challenges in the hiring landscape of 2025. Job seekers must focus on adaptability, continuous learning, and refining their job search strategies. Employers, meanwhile, must rethink how they attract, engage, and retain top talent in an increasingly competitive market. By understanding these challenges, both candidates and hiring managers can take proactive steps to succeed. Whether it’s refining hiring strategies, investing in skills development, or improving job search techniques, the key to success in 2025 will be staying ahead of workforce trends.
- The Role of Positive Workplace Culture in Property Management Employee Retention
In property management, employee retention can be a challenge. Many organizations struggle to keep top talent, which can impact performance and disrupt operations. According to our recent survey of property management professionals , a significant number of employees cite "poor management" and "toxic workplace culture" as the primary reasons for leaving their previous roles. These insights highlight critical areas that organizations must address to improve retention and foster a thriving work environment. The Impact of Poor Management One of the key findings from the survey is that poor management practices often result in a lack of support and low employee morale. When leadership fails to provide clear direction, feedback, and opportunities for growth, employees are left feeling undervalued and disconnected. This absence of effective leadership contributes to job dissatisfaction and can lead to higher turnover rates. A lack of support can manifest in many ways, from managers not offering necessary resources or guidance, to failing to acknowledge employee achievements. Employees who feel unsupported may become disengaged and are more likely to seek opportunities elsewhere. Effective leadership, on the other hand, fosters trust, clarity, and engagement, which are all essential for retaining employees in a competitive job market. The Dangers of Toxic Workplace Culture In addition to poor management, a toxic workplace culture is another significant factor contributing to high turnover. When negativity, gossip, and unhealthy competition dominate the work environment, employees are less likely to feel connected to their colleagues or the organization as a whole. A toxic culture breeds disengagement and burnout, which can quickly drive employees to leave. Our survey results indicate that creating a respectful, inclusive workplace where employees feel valued is essential for improving retention. In an environment where employees can collaborate, contribute to decision-making, and experience support from peers and leaders alike, they are more likely to remain loyal to the organization. By focusing on creating a positive culture that emphasizes respect and inclusivity, property management companies can reduce turnover rates and improve employee satisfaction. How Strong Leadership and Positive Culture Impact Retention Effective leadership and a positive workplace culture are not just buzzwords—they are vital to the success of property management companies. Strong leadership helps build an environment of trust, where employees feel supported and motivated. Managers who prioritize open communication, provide constructive feedback, and actively listen to their teams create an atmosphere where employees thrive. A positive culture fosters collaboration, inclusion, and employee wellbeing , all of which contribute to a more engaged and satisfied workforce. When employees feel that they are respected, that their voices matter, and that their contributions are recognized, they are more likely to stay with the company. This not only reduces turnover costs but also enhances overall organizational performance. The Bottom Line Organizations in the property management industry must take employee retention seriously. The findings from our survey underscore the importance of strong leadership and a positive workplace culture in retaining top talent. By addressing the issues of poor management and toxic culture, property management companies can create a supportive environment that fosters loyalty, engagement, and long-term success. BGSF's approach to workforce solutions recognizes the importance of these factors in enhancing employee retention. We specialize in providing the support and staffing solutions that property management organizations need to build strong, empowered teams. Let us help you create a work environment where employees feel valued, supported, and ready to stay for the long haul. Contact us today!
- Employee Empowerment on the Rise: Balancing Workloads and Setting Boundaries
In the ever-evolving landscape of work, employees are finding their voice and asserting greater control over their workloads. The concept of empowerment is no longer just a buzzword; it's becoming a pivotal part of workplace culture. According to a recent survey conducted by Resume Now , 65% of US workers now feel empowered to decline additional work. This marks a significant shift in how workers are approaching their responsibilities, signaling an increased emphasis on work-life balance, mental health, and overall well-being. Employee Empowerment Younger Workers Lead the Charge Interestingly, the survey reveals that younger workers, particularly those aged 25 and under, report the highest levels of empowerment when it comes to saying no to extra tasks. 77% of younger employees expressed feeling confident in setting boundaries and turning down work that would overwhelm them. This is a noteworthy trend, as it demonstrates a shift in attitudes toward prioritizing personal well-being over excessive work demands. However, this age group also reported higher frustration levels and more difficulty managing their workloads compared to older workers, suggesting that while empowerment is on the rise, the challenge of balancing workloads remains. A Generational Divide in Empowerment Workers aged 41 and older also feel empowered to decline extra tasks, with 66% of respondents in this age bracket saying they have the ability to set boundaries. However, employees aged 26 to 40 reported the lowest levels of empowerment at 56%, highlighting that the shift toward empowered workforces might not be equally experienced across all age groups. Gender Differences: Men vs. Women When it comes to gender differences, the survey found that 69% of men feel comfortable setting boundaries, compared to 62% of women. While men appear to have greater confidence in asserting themselves, the data also suggests that women tend to take a more thoughtful approach when assessing whether to decline additional tasks. Women were found to be more likely to carefully consider the situation before saying no, possibly due to cultural expectations or concerns about being perceived negatively in the workplace. The Dark Side: Burnout and Mental Health Despite the rise in empowerment, burnout and mental health challenges remain significant concerns for many workers. 59% of employees report experiencing burnout due to the difficulty of saying no to extra tasks. The pressure to always be available or take on more work can lead to exhaustion, negatively impacting both professional and personal lives. Further compounding the issue, 52% of workers noted that accepting extra tasks occasionally interferes with their personal or family time. In some cases, the imbalance is even more extreme, with 12% of workers reporting that their personal time is constantly disrupted by additional work demands. These figures underscore the critical importance of setting boundaries in an age where work can easily bleed into personal life, especially in remote or hybrid environments. Moving Forward: Embracing Boundaries for Better Work-Life Balance As organizations continue to navigate the complexities of workforce dynamics, it's clear that employee empowerment is a crucial factor in fostering a healthy, sustainable work environment. Leaders and managers need to recognize the importance of respecting boundaries and promoting a culture that prioritizes well-being alongside productivity. Offering flexibility, open communication channels, and a culture of mutual respect can help workers feel empowered to balance their workloads without the constant pressure to say yes to every task. For younger employees in particular, providing tools and support for managing workloads effectively will be key to preventing burnout and frustration. Ultimately, empowering employees to set clear boundaries not only benefits individual well-being but also contributes to a more productive, motivated workforce . As we move into a new era of work, it’s vital to remember that empowered employees are happier, healthier, and more engaged, making them a cornerstone of organizational success.
- Solving the Property Management Staffing Struggle: How to Tackle Staffing Shortages & Heavy Workloads
The property management industry continues to grapple with persistent staffing challenges, as highlighted in The Voice of the Property Manager by the National Apartment Association and MRI Software. The report underscores ongoing struggles with employee retention, workload balance, and the mental toll of the profession. Addressing these issues requires a strategic approach to staffing and operational efficiency. Understanding the Staffing Crisis in Property Management According to the 2024 report , 14% of property management professionals cited staffing shortages as a significant challenge, while 13% struggled with heavy workloads. These concerns are compounded by the difficulty of disconnecting after hours (16%) and the stress of dealing with aggressive or abusive residents (22%). The mental strain associated with these factors can lead to burnout, higher turnover rates, and a diminished ability to provide quality service. To combat these challenges, property management companies must focus on solutions that enhance recruitment, retention, and operational efficiency. Solutions for Staffing Shortages & Heavy Workloads 1. Addressing Staffing Shortages through External Staffing Support One of the most effective ways to mitigate staffing shortages is by utilizing external staffing support. Temporary staff or contracted workers can provide an immediate solution to property management teams facing heavy workloads or vacancies. By tapping into the pool of experienced professionals who are ready to step in, property managers can maintain operational efficiency while also giving their full-time teams the breathing room they need. BGSF’s external staffing services can provide experienced personnel to fill gaps in your team, whether for short-term projects or long-term placements. This helps prevent burnout, alleviates stress on current employees, and ensures that essential property management functions continue seamlessly. 2. Streamlining Workflows and Improving Efficiency In property management, tasks can often pile up quickly. From leasing duties and maintenance requests to resident communications and financial reporting, the workload can become overwhelming. Streamlining workflows and implementing efficiency-boosting technologies like property management software can make a significant difference. Consider adopting solutions like automated maintenance scheduling , digital lease management, and tenant portals that enable online payments and communication. These tools help reduce manual tasks, free up time for more complex responsibilities, and make the entire process more efficient. 3. Fostering a Healthy Work-Life Balance Employee satisfaction is directly tied to their ability to maintain a work-life balance. According to the NAA , 34% of respondents reported that they do not have a good work-life balance. Offering flexible work hours, promoting time-off policies, and encouraging employees to unplug during off-hours can go a long way in improving overall morale and retention. Employers should also provide resources to help employees manage stress, such as mental health support, wellness programs, and regular team check-ins. A supportive work environment where employees feel valued and understood is crucial in retaining talent and preventing burnout. 4. Investing in Employee Training and Development One of the best ways to address staffing shortages is by developing the talent you already have. By investing in training and professional development programs, property managers can build a team that is better equipped to handle complex challenges, from crisis management to conflict resolution. BGSF offers training programs that focus on building skill sets in areas like maintenance and leasing. By offering these opportunities to current staff, property management companies can increase employee satisfaction while improving overall performance. 5. Leveraging Managed Services for Long-Term Solutions For long-term staffing solutions, property managers can benefit from leveraging managed services. These services allow for outsourcing certain functions—like accounting, leasing, and even maintenance—giving property managers more flexibility in staffing without sacrificing service quality. With BGSF’s managed services for PropTech , you can ensure that your team is equipped with the latest tools and services while freeing them from the burden of non-core tasks. This lets your team focus on more strategic initiatives, improving both performance and satisfaction. Partnering with BGSF for Seamless Staffing Solutions and Long-Term Success The staffing struggle in property management is real, but it’s not insurmountable. By utilizing external staffing support, streamlining workflows, fostering a healthy work-life balance, investing in employee development, and leveraging managed services, property managers can mitigate the effects of staffing shortages and heavy workloads. If your team is facing similar challenges, BGSF is here to help. From temporary staffing solutions to managed services and training, we can provide the support you need to keep your property management operations running smoothly. Request talent here today!
- Methodical Tech Spending: A Guide for Real Estate Leaders
In an industry where operational efficiency and tenant expectations continue to evolve, real estate leaders must take a strategic approach to technology investments. From property management software to smart building automation, tech adoption can drive revenue, reduce costs, and enhance tenant experiences. However, without a methodical approach, tech spending can quickly spiral out of control, leading to unnecessary expenses and minimal ROI. Real Estate Tech Spending Guide 1. Align Technology Investments with Business Goals Before investing in new technology, it’s critical to assess how it aligns with your long-term business objectives. Are you aiming to improve retention? Reduce maintenance costs? Enhance operational transparency? Each investment should serve a defined purpose that contributes to measurable outcomes. Key Questions to Ask: Will this technology improve operational efficiency? Does it provide a competitive advantage? How does it integrate with existing systems? 2. Conduct a Cost-Benefit Analysis Not all technology investments yield the same return. A thorough cost-benefit analysis ensures that the solutions you choose deliver tangible value. Consider direct financial benefits such as cost savings and revenue generation, as well as indirect benefits like improved tenant satisfaction and brand reputation. Best Practices: Compare upfront costs vs. long-term gains. Consider the total cost of ownership (including implementation, training, and maintenance). Evaluate potential scalability to future-proof your investment. 3. Leverage PropTech for Maximum Impact The rise of PropTech (Property Technology) has transformed how properties are managed and operated. Solutions like AI-driven analytics, IoT-enabled smart buildings, and digital lease management systems streamline operations and improve tenant engagement. Tech to Consider: AI-Powered Leasing Assistants – Automate inquiries and scheduling. IoT-Based Smart Buildings – Optimize energy use and maintenance schedules. Predictive Analytics for Market Trends – Stay ahead of occupancy shifts. 4. Prioritize Cybersecurity and Compliance With digital transformation comes increased risk. Ensuring that your tech investments prioritize cybersecurity and data compliance is essential, particularly with sensitive tenant information at stake. Implement strong data encryption, access controls, and regular security audits to safeguard your assets. 5. Utilize External Expertise for Smarter Tech Adoption Selecting and implementing the right technology can be complex. Working with BGSF's external staffing support, PropTech consultants, and managed services can provide real estate firms with the expertise needed to make informed decisions, optimize deployment, and maximize ROI. Efficient Technology Spending Technology spending in real estate shouldn’t be about chasing trends—it should be a deliberate, data-driven strategy that drives efficiency, enhances the tenant experience, and delivers financial returns. By taking a methodical approach to tech investment and working with industry experts, real estate leaders can future-proof their portfolios while maintaining fiscal discipline. Navigating the rapidly evolving PropTech landscape requires the right expertise and strategic guidance. BGSF offers tailored PropTech implementation and managed services , helping real estate leaders integrate cutting-edge technology while maintaining operational efficiency. Whether you need skilled professionals to support software deployment, data analytics, or cybersecurity measures, BGSF ensures seamless adoption and maximum return on investment. Partner with us to future-proof your real estate operations and stay ahead in a competitive market.