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Colliers Launches Broker Relief Program for Team Members in Need
Colliers International has launched a Supplemental Broker Relief Program, a $10-million commitment to assist the firm’s brokerage professionals who are experiencing financial hardship as a result of COVID-19. Effective immediately, the program will provide $7,500 in short-term assistance to every approved broker in this time of need.
“Our enterprising people are the backbone of our success, in good times and in bad,” said Gil Borok, Colliers president & CEO | U.S., based in Los Angeles. “Recognizing the limited external relief options available to our brokers, giving them financial relief puts our Colliers values and commitment into action. We’re doing what’s right: supporting our people with the same dedication they have shown our clients.”
The Supplemental Broker Relief Program is funded from savings generated by Colliers senior leadership compensation reductions, as well as reduced non-essential spend, the company said.
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