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R E I Q J O U R N A L

| J U N E 2 0 1 6

P A G E 3 2

Staffing a busy and successful agency can be challenging and keeping a great team together with

a wonderful culture can feel like the impossible dream at times – but there is a solution.

Succession planning and putting

a training process in place that

maintains a steady flow of top-

notch staff to your business is one

of the most crucial parts of any

business strategy. Traineeships are

part of that process and there are

many businesses using traineeships

as part of a successful succession

planning strategy that is minimising

staff disruption and maintaining

wonderful workplace culture.

How it works:

Traineeships provide the opportunity

for an inexperienced potential trainee

to partner with an experienced team

and learn the ropes in a practical,

hands-on setting. Whether it’s in a

large agency or a boutique office a

trainee can step in as a rookie and

within the space of just two years

have the professional know-how of

an experienced agent.

REIQ Trainees complete a Certificate

IV in Property Services (Real Estate)

in one of five specialty areas. This

qualification covers a total of 24 units

of competency which goes above

what even most principals complete.

What it costs:

The member’s rate for the traineeship

is $2,200 which can be broken down

into two instalments, the second

of which can be charged when the

first Federal Government incentive

payment* is received by the office.

Other benefits:

Not only does your trainee have a

nationally recognised qualification

that covers every aspect of agency

practice, employing a trainee

could mean a significantly reduced

wage bill at the end of the month

(compared with a more experienced

real estate professional, whose wages

would be higher).

Trainees employed under a registered

traineeship are able to be paid under

the National Training Award (Real

Estate Award 2010)** which could

save you thousands.

Employers, please note:

Traineeships aren’t necessarily a

perfect fit for every office. Trainees

need support in the office, and they

also need time to complete their

studies during the working day, so

bear this in mind when considering

taking on a trainee.

Traineeships save principals

recruiting headaches

WORDS BY ANNA O’CONNOR, REIQ TRAINEESHIPS COORDINATOR

“I hav e been l uc ky enough t o be

s ur r ounded by s ome o f t he be s t agen t s

i n t he bu s i ne s s and t hey hav e o f fe r ed

s uppo r t and ad v i ce on a da i l y bas i s ,”