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Maxwell Drever

Current Workforce Housing Situation in the US

Maxwell Drever Explains the Current Workforce Housing Situation in the US

It is safe to say that the pandemic had a negative impact on almost everyone across the globe. Businesses, organizations, and individuals suffered physically, mentally, and, most of all, financially. Even after two years, people are still recovering from the consequences of the pandemic and its aftermath. Maxwell Drever points out the situation was different in different parts of the globe, but everyone felt the heat in one way or another. The United States of America was no different. The pandemic had a significant impact on the country’s workforce, making it increasingly difficult for people to survive during these tough times. Current Workforce Housing Situation in the US – Explained By Maxwell Drever The unemployment rate in the USA increased drastically. In March 2020, it was 4.4%, and by April 2020, it had jumped to 14.7%. This number is still higher than pre-pandemic levels. Many people lost their jobs or were furloughed during this time. This obviously had an impact on people’s ability to pay rent or mortgage. Many people could not make their payments on time, and some even defaulted on their payments. The pandemic also resulted in evictions and foreclosures. Even though the situation has gradually improved over the past year, it’s safe to say that USA’s workforce is still facing many challenges. The effects of the pandemic will be felt for many… Read More »Maxwell Drever Explains the Current Workforce Housing Situation in the US

Benefits of Investing in Workforce Housing As a Business Owner

Maxwell Drever Explains the Benefits of Investing in Workforce Housing As a Business Owner

Business owners are aware that their employees are the most integral part of their organization. The workforce forms the foundation of your firm – it is their efforts and hard work that pushes your organization on the path to victory and heightens its success. Therefore, investing in their wellbeing is equivalent to investing in the growth and expansion of your organization. Maxwell Drever of drever capital management points out that workforce housing is an important aspect of taking care of your employees. It ensures that they have a comfortable place to stay, close to their workplace, which eliminates the hassle and fatigue of long commutes. Maxwell Drever’s List of Reasons Why Business Owners Should Invest in Workforce Housing 1. Improved Employee Performance: Workforce housing has been linked with higher employee productivity and motivation. When your employees are close to their workplace, they are more likely to arrive on time and be alert and focused during work hours. This can lead to improved work quality and quantity, which is beneficial for your organization. Moreover, reduced distance between their residence and workplace helps employees save on transportation costs and gives them a little extra time at home. 2. Decreased Employee Turnover Another benefit of workforce housing is that it can help decrease employee turnover rates. If your employees have a comfortable place to stay near their workplace,… Read More »Maxwell Drever Explains the Benefits of Investing in Workforce Housing As a Business Owner