I am not quite sure that many committees would be capable of managing all of the issues that come with an employee. Trying not to be disrespectful here of anyone, but I think the staff management piece of any business is the hardest, and when the controlling mind of the employer can change on a minute's notice , I think this would be a recipe for disaster in all but the most prepared and professional committees.
Interesting approach but can I ask why would a manager agree to accept the same fee for a 250 unit ( that's what we call them in NZ) development and for a 400 unit development. that makes no sense and if financially very unlikely.
Any highly qualified professional who would be required to fill this position would be better having a hole drilled in their head and a chip inserted that says Don’t. Not a position I would recommend to a young aspiring son or daughter of mine given the regulatory requirements and qualifications thus required
If an owners corporation directly employs a (strata manager), it takes on a load of other responsibilities. For example, more work health and safety regulations apply (so fire marshals, fire drills, etc). And these buildings are more likely to have a building manager already employed or contracted - so would they need both? The main practical difference between building and strata managers, is that strata managers do financial stuff, collect levies, and paying contractors. There's a safeguard in giving all the financial work to an independent third party.
Great idea! How many lots does an 'average' strata manager manage per year? I wonder if they can manage two large buildings. With the progress of AI - I wonder how long it will be until a strata manager is not needed.
I am not quite sure that many committees would be capable of managing all of the issues that come with an employee. Trying not to be disrespectful here of anyone, but I think the staff management piece of any business is the hardest, and when the controlling mind of the employer can change on a minute's notice , I think this would be a recipe for disaster in all but the most prepared and professional committees.
Great analysis. Arises as an idea in our Qld BC from time to time. (Layered scheme ). Psychology and political skills a must ;)
Interesting approach but can I ask why would a manager agree to accept the same fee for a 250 unit ( that's what we call them in NZ) development and for a 400 unit development. that makes no sense and if financially very unlikely.
Any highly qualified professional who would be required to fill this position would be better having a hole drilled in their head and a chip inserted that says Don’t. Not a position I would recommend to a young aspiring son or daughter of mine given the regulatory requirements and qualifications thus required
If an owners corporation directly employs a (strata manager), it takes on a load of other responsibilities. For example, more work health and safety regulations apply (so fire marshals, fire drills, etc). And these buildings are more likely to have a building manager already employed or contracted - so would they need both? The main practical difference between building and strata managers, is that strata managers do financial stuff, collect levies, and paying contractors. There's a safeguard in giving all the financial work to an independent third party.
Great idea! How many lots does an 'average' strata manager manage per year? I wonder if they can manage two large buildings. With the progress of AI - I wonder how long it will be until a strata manager is not needed.