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Guest Insider Most places I know did 3% but that was a cost of living. I have seen 4 and 5% which is unusual.
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Guest Insider My company gave 3% for 2022. But as a property did not have a raise the previous year due to new owners.
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Guest Insider I'm making $15.55 an hour. Is that average?
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Guest Insider Crystal Vanderford where are you?
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Guest Insider Celesta Marker Central Florida
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Guest Insider Crystal Vanderford hmmm, I was kinda looking down by Destin and was rather surprised on the lower wages.
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Brianna Patton Crystal Vanderford this seems on par to what I was making as an assistant. I got 14.5 in st Augustine, 16 in St Pete with 4years experience
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Guest Insider What is the average for an Assistant Manager in Florida for a LIHTC community?
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Guest Insider It should also be based on the area’s COL.
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Guest Insider The cost of living has gone up 7 to 10% so when you give an employee a 3% increase you are actually giving them a decrease in pay
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John Sigman I just read that rent increases in Las Vegas have averaged 17% this year....you are going to give the people collecting that rent a 3% increase?? Where do you think they live? If not your property, another that has raised rents like that. 3%?? You deserve the turnover you are going to face.
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Guest Insider John Sigman oh yeah. I couldn’t afford to live at my property. Not even close.
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Guest Insider I’ve heard 8% increase.
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Michael Hernandez Wow, 12%? Really? When gas prices and other expenses go down, can I get that money back? No..? Didn't think so. Take your 3% as the gift it is and ask for more when you increase your professional contributions.
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Guest Insider Some of our vendors are doing 15% increases for pricing costs. Havent heard much for employer yet!
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Guest Insider Depends on current rate compared to market scale for the position, product type, location, and most importantly the merit of their performance.
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Guest Insider Have any of you heard of Dan Price? Check him out. I find it hard to believe that these PM companies cannot pay the employees who work for them a higher wage. They choose not too. If you don’t qualify to rent from your employer you are poorly paid .
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Guest Insider Donna Henrickson amen! What needs to happen is pay the employees and reduce their burden on the client so that it helps support the employee without such a huge hike to their clients.
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Guest Insider Donna Henrickson that’s so fascinating, we raised our rents in June and most of my staff can’t afford to live where we work Crazy!!!
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Guest Insider Samantha Stull what we were talking about
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Guest Insider Shane Spencer Big companies have spent 5x more on shareholders than employees in the pandemic. Some examples to put this in perspective:Lowe's pays its median employee $24,600. In the pandemic it has made $12.6 billion in profit and put $13 billion into stock buybacks. If it had given the money to employees, they would make $61,100.Their main competitor? Home Depot pays a median of $27,400. In the pandemic it made $23.7 billion in profit and put $10.3 billion into stock buybacks. If it had given that money to employees, they would make $48,000.How about Target? It pays $24,500. It made $9.6 billion in profit and put $5 billion into stock buybacks. If that money went to employees, they would make $36,800.Best Buy? Median pay: $30,500. Profit: $3.8 billion. Stock buybacks: $2 billion. If it had given that money to employees, they would have made $50,000.Dollar General workers make $16,700. The company made a $3.8 billion profit and spent $4.5 billion on stock buybacks. If that money... Show more
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Guest Insider Shane Spencer this is from Dan Price: My company pays an $80k min wage, lets people work wherever they want, has full benefits, paid parental leave, etc.We get over 300 applicants per job."No one wants to work" is a hell of a way of saying "companies won't pay workers a fair wage and treat them with respect."
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John Sigman Donna Henrickson Your leasing agents/porters/maintenance folk all make $80K???
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Guest Insider John Sigman yes. I make more because I am the PM. And get this I have one maintenance manager, leasing agent part-time who gets a very good salary and commission and then myself for a 200 unit building. We work Monday to Friday 7 AM till 3:30 PM.
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Guest Insider Donna Henrickson and a rent discount for those who live at any of the properties. I have a master key where I live down the road from the 2 properties I manage for the same company. I have saved a door from being axed down by the fire department for a medical call when they could get in. I was relaxing on my balcony and saw them coming with an ax and knew what was probably about to happen. I quickly met them at the elevator to let them into where they needed to go. You know, things like that? No rent discount for me though.
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Guest Insider I know ftw is paying leasing agents around $16 an hour plus bonuses and commissions
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Becky Dotson It is usually 3%. I wish they would consider a profit share for employees.
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Guest Insider Don't know but they better come up with something good
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James Shannon A realistic number should be 12% across the board. This can be done as bonuses so it’s performance based. That number comes from 3% average increase plus current inflation of 9%.But inflation should go down in 9-12 months.
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