Transwestern: Empowering Good People to do Extraordinary Things Together
Transwestern strives to be a great place to work for all. Our Guiding Principles are woven into the fabric of our firm and underscore the value of each team member. By offering opportunities for growth to everyone, we bring out the best in our people and maintain a high-performance culture fueled by collaboration.
Transwestern is proud to be ranked No. 3 among large companies on the 2024 Fortune Best Places to Work in Real Estate list, with 93% of our team members agreeing Transwestern is a great place to work. This achievement is due to the efforts of many, including the Transwestern professionals who have benefited from the resources and relationships fostered across the CREW Network.
We remain focused on making our workplace one that attracts and retains diverse talent, including experienced women and minority leaders. We recognize that those in managerial roles are oftentimes best positioned to advance the goals of the organization as well as our culture of belonging. To this end, we are strengthening our bench so we can continue to promote from within our ranks over the coming years. Highlights through August 2024 include:
Recruiting & rewarding talent
In the past 12 months, female hires for manager+ positions rose to 63% of all hires at this level, versus 48% a year prior
Women comprised 65% of the firm’s national Presidents’ Award honorees in 2023, versus 43% a year prior
Efforts are underway to expand sourcing pool and access to qualified diverse candidates, including partnership with historically black colleges and universities (HBCUs)
Appointing females for leadership roles
New Chief Human Resources Officer for the Transwestern enterprise
New Chief Marketing Officer for the Transwestern enterprise
Tenured women in the firm named to two newly created Regional Operations Officer roles
23% female representation across Real Estate Services (TRS) regional leadership
42% of the firm’s strategic accounts leadership team is female
Growth of females in manager+ positions grew from 47% to 50% of total managers in past 12 months
Females represent 70% of individuals promoted to manager+ roles over past 24 months
Supporting professional growth
Kicked off second year of SOAR program, which provides elite female brokers mentorship and networking, elevated marketing support, and advanced training and development opportunities (see a recap here)
Revamped Level Up Brokerage Foundations program, giving aspiring young professionals the knowledge and skills they need for a successful career in commercial brokerage
Added support and resources for TYP, a companywide initiative with leaders in 13 markets focused on attracting, retaining and developing Transwestern young professionals through networking, idea exchange, skills advancement and community service
Expanded internship programming nationally, including partnerships with Stockbridge, Raising Expectations Inc.’s REEP program, Buckhead Coalition and NAIOP Georgia
Invested heavily in greater accessibility to 24/7 web-based learning
Enhancing company benefits
Completed compensation study to evaluate pay across top positions within the company
Revamped and increased PTO companywide, which includes two paid personal days off to honor religious or cultural holidays
Introduced fully flexible time off for all manager+ team members
Restructuring leave policies to accommodate varying needs of team members, which will take effect January 2025
Marketing success
Women Winning in #CRE social media campaign
Transwestern Difference series highlighting the diversity that contributes to our success
2023 National CommUNITY Day
2024 Fortune Best Places to Work for Millennials
2024 National Bronze sponsor of CREW
2024 sponsor of local CREW events in markets such as Houston and Los Angeles