In Private Staffing, There's a War on Talent

You may have heard about the war on talent in the field of artificial intelligence. Essentially, that demonstrates just how far some companies will go to attract the best talent. Well, in private staffing, it's no different. 

When affluent families reach out to us to hire staff, some of them get "sticker shock" when they hear the cost of hiring the best private service staff. Just like first-time home buyers have some hard lessons to learn, so do first-time private employers. 

Hard Lessons to Be Learned

When it comes to private staffing for high-net-worth families, they sit on one of two sides of the fence: The ones that "get it" and the ones who don't. 

​You may have heard that famous saying: “If you think hiring a professional is expensive, wait until you hire an amateur.” Put another way, cheap is expensive because when the low-cost staff start making expensive mistakes, one realizes that "you get what you pay for" when it comes to hiring true professionals. 

How much is peace of mind worth?

Here are some things to consider when hiring and retaining the best household staff:

• Don't follow traditional pay scales
• Have a strong onboarding process
• Offer a strong benefits package
• Follow the advice of an experience recruiter
• Have a healthy budget for professional development 

If you are interested in hiring private staff for your estate, please contact us for a consultation.