Property Managers: Do they get a a holiday bonus?
Posted: December 6 24, 12:24 pm
My HOA contracts a property management company to manage our association. This contractor assigns a property manager to our account. The property manager is a full-time salaried employee of the management company. We pay the management company a monthly service fee plus admin fees for stamps, letters, mailings, etc.
Every December, they ask us if we want to give our property manager a holiday bonus and I never know what is correct. Our HOA does not employ him. Shouldn't his employer be the entity giving him a holiday bonus out of their own coffers, instead of soliciting bonuses from their clients?
We give the cleaning lady a bonus every year because that is a role where I think year-end tipping is expected. But the property manager is a white collar full time employee who sends emails and runs meetings. It seems weird for his company's clients to be the ones giving him a bonus, no? But maybe property manager is a job where getting bonuses from clients is a norm?
I am not opposed to doing it if that is what's expected in the property management industry -- the clients tip the management company's staff -- but I genuinely have no idea what is correct. It's not just a question of being cheap. The Board has a fiduciary obligation to owners so we should not just be handing out association monies as holiday gifts if that is not a standard practice.
His bonus is in your hands, GRB!
Every December, they ask us if we want to give our property manager a holiday bonus and I never know what is correct. Our HOA does not employ him. Shouldn't his employer be the entity giving him a holiday bonus out of their own coffers, instead of soliciting bonuses from their clients?
We give the cleaning lady a bonus every year because that is a role where I think year-end tipping is expected. But the property manager is a white collar full time employee who sends emails and runs meetings. It seems weird for his company's clients to be the ones giving him a bonus, no? But maybe property manager is a job where getting bonuses from clients is a norm?
I am not opposed to doing it if that is what's expected in the property management industry -- the clients tip the management company's staff -- but I genuinely have no idea what is correct. It's not just a question of being cheap. The Board has a fiduciary obligation to owners so we should not just be handing out association monies as holiday gifts if that is not a standard practice.
His bonus is in your hands, GRB!