Tri Pointe Properties Earns 2022 Greatest Office in Development Recognition From Nice Place to Work and Fortune

Tri Pointe Homes, Inc.

Tri Pointe Properties, Inc.

The homebuilder makes use of outreach, skilled improvement, inside promotions, and different profitable techniques to counter file shortages within the building labor market

Tri Pointe Properties has been acknowledged as a 2022 Greatest Office in Development™ by Nice Place to Work® and Fortune

Tri Pointe Homes is taking several steps to address labor shortages, including developing a college relations program, and creating a new construction apprentice position as a feeder path to higher job levels.

Tri Pointe Properties is taking a number of steps to deal with labor shortages, together with growing a school relations program, and creating a brand new building apprentice place as a feeder path to larger job ranges.

INCLINE VILLAGE, Nev., Sept. 07, 2022 (GLOBE NEWSWIRE) — Tri Pointe Properties® (NYSE: TPH), one of many largest homebuilders within the US, introduced at present its recognition as a Greatest Office in Development™ for 2022-2023. Primarily based on an evaluation of survey responses from over 25,000 staff from Nice Place to Work-Licensed™ corporations within the building {industry}, the award displays Tri Pointe Properties’ people-first philosophy coupled with its proactive strategy to addressing a number of challenges within the building {industry}, together with labor shortages.

“We have a good time all the nice awards our firm receives all year long and the Greatest Office in Development™ honor actually stands out due to the most important ache factors the {industry} has confronted and the considerate and exhausting work required to surmount these obstacles,” stated Tom Mitchell, president and chief working officer of Tri Pointe Properties. “We’ll proceed to help our staff members in each method attainable, cultivating a passionate work tradition, which is likely one of the key model pillars that defines Tri Pointe Properties. However we can even look outward to develop and advocate for our critically necessary {industry}, realizing that the efforts we make now will probably be essential for its future development.”

In June 2022, the sixteenth consecutive month that building job resignations outpaced or equaled layoffs and discharges1, the variety of jobseekers with building expertise plunged to a file low, in response to an evaluation of federal employment information launched by the Related Basic Contractors of America2. To fight labor shortages by cultivating the development expertise pipeline, Tri Pointe Properties is taking a number of steps, together with growing a school relations program that the corporate will pilot with choose divisions in 2023. In choose divisions, the homebuilder has additionally created a brand new building apprentice place, which can develop into a feeder path to larger job ranges, presumably together with assistant building supervisor.

Furthermore, Tri Pointe is specializing in inside promotion. For the interval from July 1, 2021 to July 1, 2022, 100% of Tri Pointe Properties’ senior building supervisor positions and 75 p.c of director/vice chairman positions had been stuffed by inside staff member promotions. “We have now promoted 16 people throughout the corporate this 12 months to senior building supervisor, a place through which they’re accessible to assist efficiently onboard, prepare and mentor different staff members,” stated Heather Breidenthal, chief human sources officer of Tri Pointe Properties. “That has been a sport changer for us. Skilled improvement is a big focus, however compensation will all the time be on the prime of the checklist for workers. One staff member stated that, regardless of solely having a highschool diploma, he was lucky sufficient to make greater than most people with school levels.”

Nice Place to Work Certification™, the worldwide benchmark for figuring out excellent worker experiences, is acknowledged worldwide by staff and employers alike with greater than 10,000 corporations throughout 60 international locations making use of for certification yearly. Based on Nice Place to Work® analysis3, job seekers are 4.5 instances extra prone to discover an awesome boss at a Nice Place to Work-Licensed™ firm. Moreover, staff at Licensed™ workplaces are 93 p.c extra prone to stay up for going to work, and are twice as prone to be paid pretty, earn an equitable share of the corporate’s earnings, and have a good likelihood of being promoted.

Tri Pointe Properties’ certification course of earlier this 12 months revealed that 90 p.c of staff on the homebuilder say it’s a excellent spot to work in comparison with 59 p.c of staff at a typical US-based firm. Ninety-six p.c of staff members stated they had been made to really feel welcome once they joined the corporate, and 93 p.c stated they had been proud to inform others they work there.

To view Tri Pointe Properties’ firm profile and Greatest Workplaces in Development™ outcomes, please go to https://www.greatplacetowork.com/certified-company/7010924 and https://www.greatplacetowork.com/best-workplaces/building/2022.

About Tri Pointe Properties®
One of many largest homebuilders within the U.S., Tri Pointe Properties, Inc. (NYSE: TPH) is a publicly traded firm and a acknowledged chief in buyer expertise, progressive design, and environmentally accountable enterprise practices. The corporate builds premium properties and communities in 10 states, with deep ties to the communities it serves—some for so long as a century. Tri Pointe Properties combines the monetary sources, expertise platforms and confirmed management of a nationwide group with the regional insights, longstanding neighborhood connections and agility of empowered native groups. Tri Pointe has gained a number of Builder of the 12 months awards, most lately in 2019. The corporate made Fortune journal’s 2017 100 Quickest-Rising Corporations checklist, was named as a Nice Place to Work-Licensed™ firm in each 2021 and 2022 and was chosen by Nice Place to Work® as a Greatest Office for Millennials™ and Greatest Office in Development™ firm in 2022. For extra data, please go to TriPointeHomes.com.

In regards to the Greatest Workplaces in Development™
Nice Place to Work® chosen the Greatest Workplaces in Development™ by gathering and analyzing confidential survey responses from over 25,000 staff from Nice Place to Work-Licensed™ corporations within the building {industry}. Firm rankings are derived from 60 worker expertise questions inside the Nice Place to Work® Belief Index™ survey. Nice Place to Work determines its lists utilizing its proprietary For All™ methodology to judge and certify hundreds of organizations in America’s largest ongoing annual workforce research, primarily based on over 1 million survey responses and information from corporations representing greater than 6.1 million staff, this 12 months alone.

About Nice Place to Work®
Nice Place to Work® is the worldwide authority on office tradition. Since 1992, they’ve surveyed greater than 100 million staff worldwide and used these deep insights to outline what makes an awesome office: belief. Their worker survey platform empowers leaders with the suggestions, real-time reporting and insights they should make data-driven folks selections. All the pieces they do is pushed by the mission to construct a greater world by serving to each group develop into an awesome place to work For All™.

1https://www.abc.org/Information-Media/Information-Releases/entryid/19531/construction-job-openings-decreased-by-71000-in-june-us-economy-poised-to-slow-says-abc

2https://www.agc.org/information/2022/07/08/construction-employment-climbs-13000-june-plunge-jobseekers-leaves-industry-record-number-unfilled-0

3https://www.greatplacetowork.com/sources/weblog/job-seekers-are-4-5x-more-likely-to-find-a-great-boss-at-a-certified-great-workplace

A photograph accompanying this announcement is on the market at https://www.globenewswire.com/NewsRoom/AttachmentNg/f35443fb-7be8-484d-9149-6b4d52b7dcdb

CONTACT: CONTACT: Katy Biggerstaff [email protected] / 562.761.6338

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