In its annual recognition of the best places to work in commercial real estate, industry publication Globest/Real Estate Forum selected NorthMarq for the first time, based upon our company’s growth in investment sales and loan servicing, strong associate producer program, and the industry-leading benefits program. NorthMarq is one of 30 companies selected this year.
“We think NorthMarq is the best place to work for people who are innovative, customer-focused, and collaborative. I’m pleased that one of the leading publications in our industry has recognized how attractive our culture and platform is for current and prospective employees,” said Jeffrey Weidell, NorthMarq’s chief executive officer.
Key factors in NorthMarq’s selection:
Benefits: Our privately held company offers a highly competitive benefits package, including a top-notch 401k program with retirement planning tools, employee choice in our benefit structure to meet individual situations, and ongoing education to support a healthy lifestyle and a focus on well-being. Almost every year, employees have received an additional company contribution to their 401k due to the strong achievements of the business.
Employee tenure and culture: Our average employee tenure is just over eight years, with many working here their entire career. As a family-owned business with values centered on: integrity, respect, performance, relationships, collaboration, community involvement, and independence, NorthMarq’s success is built on capable, engaged and committed employees who are focused on short- and long-term success.
Employee engagement: We survey employees regularly to determine their level of engagement and get valuable feedback. In the July 2020 Pohlad Pulse Engagement Survey, 88% of our employees were engaged or highly engaged, significantly higher than the 71% benchmark of other companies surveyed.
One factor in the selection was how companies responded to the Covid-19 pandemic. The publication noted that our survey of employees during the pandemic-forced shutdown, we surveyed employees to check on their ability to be productive, identify any barriers, and their level of comfort with new technology. Employees reported that they had the resources needed to be productive, and more than 80% thanked the company for its support, specifically for the technology support, during the transition.