Grace Hill Inc., Announces Results of Multifamily Training Benchmark Survey

PRLog (Press Release) - Nov. 20, 2012 - Grace Hill, Inc., the leading provider of online education and learning management solutions for the multifamily housing industry, today announced results of the 2012 Multifamily Training Benchmark Survey and availability of the benchmark report. Highly useful to property management companies and multifamily learning and development executives, the full report delivers critical learning and development metrics, training best practices and insights specific to the multifamily housing industry.

“Training best practices and metrics are one of the least studied areas in multifamily; thanks to 120 Property Management Companies participating in the survey, we are now able to identify, measure, and report on training benchmarks for our industry,” said Joe Bailey, CEO and founder of Grace Hill Inc. “These meaningful benchmarks and valuable insights will serve the industry and our clients well, helping them measure training success and allow them to compare their education program to that of their peers.”

The Multifamily Training Benchmark Report summarizes survey findings identifying, measuring and reporting critical learning and development metrics across eight major categories including budgets, staffing, training focus, delivery methods and 2013 priorities and challenges. According to the survey, 44% of respondents expect an increase in their training budget, and 80% of those anticipate budget growth to be 5% or more. Training delivery methods continue to evolve, as 21% of all training is now conducted via online webinar. Download the free Executive Summary for additional limited survey results.

The full report, “Training by the Numbers” is now available online for $99 and delivers an in-depth analysis examining responses from 120 participating property management companies by company/portfolio size. For the first time ever, multifamily training executives can compare their education program using a detailed analysis and relevant results comparison to maximize the results of their education program using important benchmarks and useful takeaways such as:

● Average annual training expenditure per learner

● Total training spend average as a % of payroll

● Staffing ratios and trainer salaries by company size

● Training hours invested by position

● Best practices and opportunities

Report results do not identify participating company names or specific company data. Credit cards are accepted online as payment for the full report and current Grace Hill clients may enjoy our convenient invoicing option.