The phrase “cash on the barrel head” means immediate payment, or “spot cash.” Well, employers are now providing Cash on the Barrel Head with payday apps that give employees instant access to their salary when earned, providing immediate liquidity and bypassing the need for credit cards and short-term, high interest rate loans. The app notifies the employee daily what they earned the previous day, and makes the funds immediately available.
The perk, which I believe is going to become increasingly commonplace, until now has been provided by retail, restaurant and service sector employers such as McDonald's, Outback, and Bloomin' Brands. The employers like it because it is cheap and appreciated by employees. The benefits and potential downsides are still being evaluated, according to a Wall Street Journal article this weekend.
On one hand it provides employees with the opportunity to better manage their money and avoid ramping up credit, but on the other hand it can become a daily liquidity fix that will compromise their ability to save. Whatever the result, this trend is here to stay, and is going to become a real game changer.
Job Listings
JLL
Analyst (Capital Markets Financial Solutions Group)
(LOS ANGELES, CA)
JLL Capital Markets provides investment brokerage, advisory and investment banking services to institutions, public companies, fund managers, financial institutions and property developers. = Individual will be the market player/coach leader for the Financial Solutions platform.
GEMINI ROSEMONT COMMERCIAL REAL ESTATE
Acquisitions Development Officer
(NEW YORK, NY)
Officer will source development opportunities within the New York market and will be responsible for sourcing, analyzing and performing due diligence on identified projects with the support of the company's analytics team.
JOHN BURNS REAL ESTATE CONSULTING
Real Estate Research and Consulting Leader
(IRVINE, CA)
Position will advise growing research subscriber client base, mentor team of analysts and consultants, and/or lead consulting assignments to help clients make investment decisions.
CITY OF PORTLAND, OREGON
Commercial Plans Examiner
(PORTLAND, OR)
Commercial Plans Examiners will effectively communicate in person to an array of customers with wide ranges of technical expertise. Position will also meet the bureau's expectations of providing excellent customer service in an equitable manner to meet the growing needs of the City of Portland's diverse community.
HIRSCHFELD MANAGEMENT
Property Manager
(LAUREL, MD)
Manager will service and maintain communities by effectively managing the day-to-day operations; and assist owners in achieving their investment objectives through quality professional property management services.
SPANDREL DEVELOPMENT PARTNERS
Construction Development Associate
(NEW YORK, NY)
Associate will assist in the day-to-day management of development projects including the oversight of project contractors and consultants; and coordinate with architect, engineer, landscape architects, interior designers, property owners, project managers, and other team members.
CROSS PROPERTIES
On Site Property Manager
(WYNNEWOOD, PA)
Manager will serve as primary point of contact for student housing tenants focusing on resident retention, customer service and day-to-day operations.
CAPRIDGE
Real Estate Investment Analyst
(AUSTIN, TX)
Analyst will work closely with the Acquisitions and Asset Management team to monitor and manage existing investments, including interaction with lenders, accounting, property management, construction and leasing agents.
HINES
Director – Management Services (Hines@Amazon)
(SEATTLE, WA)
Director will be a critical point of contact for Hines' client communications as it relates to their management of operations.
PRINCETON UNIVERSITY
Interior Designer/Project Coordinator
(PRINCETON, NJ)
Princeton University's Department of Facilities, Office of Design and Construction (ODC), seeks an Interior Designer to join a dynamic team of professional designers. The Interior Designer will report to the Program Manager, Campus Interiors, and be a member of the design team comprising of five interior designers who work in collaboration with ODC Program and Project Managers.
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Anthony J. LoPinto
Tony LoPinto is the Global Sector Leader of Korn Ferry’s Real Estate Practice and founder of SelectLeaders. For the past 18 years LoPinto has been serving his clients with deep knowledge and perspective on talent needs and organizational challenges to public and private companies – knowledge gained from a 25-year career in real estate. Prior to his current position, he founded and served as chief executive officer of a boutique real estate executive search firm, where he oversaw offices in New York, Chicago, Washington, DC, San Francisco and Los Angeles. He has successfully led several high profile search engagements for chief executive officers, directors and a wide-range of executive level positions across all industries and sectors. He earned a Bachelor of Arts degree in European history from Loyola University in Chicago.
