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Next Generation Employees Want More

NEW YORK CITY-Forum magazine's Career Development Survey of the next generation finds that many of the 221 respondents are satisfied, but see room for improvement.

By Natalie Dolce | Updated on August 10, 2007

NEW YORK CITY-Most young commercial real estate professionals are mostly satisfied in their current positions, but see room for improvement in the areas of mentoring, technology and money. So says Real Estate Forum magazine’s Career Development Survey, an anonymous online poll of those 35 years old and under working in the industry. The survey also found that 27% of the 221 respondents, who have worked an average of 6.5 years in the industry, saw themselves at their present companies for 10 years or more.

The young professionals said they felt their companies offered good career advancement opportunities. Roughly 62% of respondents said their companies offered good mentoring and training programs.

When it came to companies providing incentives for professional achievements to do well, 45% agreed and 22% strongly agreed. And although 59% affirmed that they have the information and tools required to do their jobs to the best of their abilities, several of the respondents’ comments showed a definite dissatisfaction with the technology platforms at their firms.

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