Multifamily Leadership Unveils Avanti Residential as a Top-Ranked Employer in the Best Place to Work Multifamily® Awards
In an impressive showcase of workplace excellence, Avanti Residential has been recognized as a leader, securing the #12 spot in the Best Places to Work Multifamily® rankings, and the #8 spot on the Best Places to Work Multifamily® for Women list, presented by Multifamily Leadership.
This prestigious accolade was announced at the Multifamily Innovation® Summit in Phoenix, AZ, held on December 5-6, 2023. The event was not only a celebration of achievement but also a valuable opportunity for industry leaders to engage in the Multifamily Innovation® Showcase, fostering connections and sharing insights with fellow multifamily executives.
The multifamily sector plays a pivotal role in the economy, injecting over $3.4 trillion annually and supporting upwards of 17.5 million jobs. Apartment living is increasingly recognized as an economically sound lifestyle choice, bolstering job growth and community development.
The Best Places to Work Multifamily® initiative highlights companies that excel in creating and nurturing exceptional workplace cultures. As the multifamily industry evolves, focusing on resident experience and employee engagement becomes crucial for navigating various challenges and achieving sustained growth.
The Best Places to Work Multifamily® for Women list, a prestigious recognition in the multifamily industry, sets rigorous criteria for organizations aspiring to be acknowledged for their commitment to inclusivity. To qualify, companies must have a minimum of 15 women on their team, regardless of the organization's size. For organizations with over 60 employees, at least 25% of the workforce should be female. A key factor is the female response rate to internal surveys, which must be 40% or higher, and even more stringent at 80% for employers with less than 25 women. A minimum of 10 female responses is mandatory for consideration. Additionally, organizations must be recognized as a "Best Place to Work" for the current year and demonstrate an 80% average positive response rate among their female employees. For larger companies that conduct selective employee surveys, a minimum of 40% of the respondents should be women. This comprehensive set of criteria underscores the importance of female representation and satisfaction in the workplace, highlighting the industry's commitment to fostering equitable and inclusive work environments.
A comprehensive evaluation process underpins these rankings, delving into company policies, employee satisfaction, and engagement. This initiative is part of a broader strategy aimed at fostering industry-wide excellence and drawing in future leaders to the multifamily sphere.
Patrick Antrim, Founder and CEO of Multifamily Leadership, emphasizes the importance of employee engagement as a key performance indicator, often surpassing traditional metrics like company size. Engaged employees typically exhibit higher productivity and contribute to a more dynamic organizational environment.
Antrim states, "The new era of leadership in the multifamily industry is defined by a commitment to making a positive societal impact. It's about understanding and being aligned with the company's mission and vision, and this alignment is increasingly vital as businesses are called upon to take on greater societal responsibilities. The Best Places to Work Multifamily® honorees are at the forefront of this movement, poised to shape the future with a stronger, more influential voice.”
The program extends its benefits even to those not making the list, offering a comprehensive “Insights Report.” This report, which includes a summary of employee feedback and the "Multifamily Leadership Benchmark Report," serves as a valuable tool for companies aiming to enhance their workplace culture.
For detailed information and registration for the “Best Places to Work Multifamily®” program, visit www.multifamilyleadership.com/awards.