Family Offices: Benefits of Working with an Agency
British American Household Staffing often works with single and multi-family offices, both to staff the family’s homes and/or estates, and, often, to staff the family offices themselves. Working with an agency that is experienced in dealing with family offices offers unique benefits, ranging from access to top-tier candidates and partnerships to long-term time and money savings. This week, we are outlining how some of these benefits can help your family in their staffing search.
Expert Advice
By using a domestic staffing agency, families benefit from the agency’s wealth of knowledge from years of working directly with UHNW families. BAHS understands the unique needs of these families and can provide tailored and professional support no matter the circumstances. The agency can guide employers through every step of the process, from outlining what the role will entail and writing the job description to connection with a payroll company to be sure pay is tax-compliant and handled properly for the local laws. BAHS can also provide insight into local markets, competitive compensation packages, and how to structure roles that require a particularly demanding travel or work schedule.
Flexible and Efficient
BAHS is accustomed to the quickly changing needs of family offices, such as seasonal demands and unexpected transitions, and can assist with flexible support during these busy times. We understand that life isn’t predictable and can take on urgent searches, when needed, including in-home medical eldercare, companion care, and last-minute travel roles.
Save Time and Money
By outsourcing the bulk of the search to an expert, employers can focus solely on finding the right candidate match – BAHS will source candidates worldwide, sort through resumes, handle initial interviews, and do background checks and references. We can also assist with contracts, onboarding, and negotiations, all of which take significant time and resources. We support the search so that single-family offices and multi-family offices can focus their time and attention where it matters, instead of wasting time wading through resumes.
In addition, following a rigorous interview and onboarding process increases the chances of employee longevity, saving the family time, money, and energy in the long-term. Positions within the family office also require particular care and BAHS can assist in finding individuals who not only possess the right skillset, but also embody the family values, ideally finding candidates who will work with the family office for years to come.
Access to Top Candidates
Families looking for in-home candidates with specific experience, education, or skills need access to the largest pool of vetted, top-quality candidates that will excel in these roles. Family offices may be looking for candidates with experience in wealth management, estate planning, private investments, tax strategy, and philanthropy; BAHS can assist in finding these highly specialized and skilled candidates. We work with families and candidates all over the world, offering the widest possible pool of applicants. Most of our candidate pool comes from relationships and referrals. This means that many of our candidates are not looking on standard job boards.
Confidentiality
Using a third-party as the initial point of contact allows the family to remain 100% confidential, if they choose to. Since inception, BAHS has been known for our unmatched level of discretion.
Strong Partnerships
BAHS is the leading domestic staffing company and we strive to partner with companies that are at the top of their respective industries to better support our clients in all stages of life. We partner with GTM Payroll for domestic staffing payroll and HR services. For family office setup, we work closely with Carol Pepper. For guidance on citizenship through investment, we partner with Migrate World. For families with children thinking about the extremely competitive college admissions process, we partner with Hale Education Group. For fine art sourcing, we have a partnership with our sister company, Anita Rogers Gallery; the gallery is also happy to host special events for BAHS clients in their downtown NYC location. To view all our partnerships, click here.
Worldwide Reach
We are headquartered in downtown NYC, but we have team members working all over the world – from New York City and Los Angeles to London and Dubai. From these locations, we serve homes, estates, and corporations worldwide, including the United Kingdom, the entirety of the U.S., KSA, UAE, Qatar, as well as Europe, Canada, Asia, South Africa, the Caribbean, Central and South America, Australia, and New Zealand. Wherever our clients choose to live, work, or travel, we can assist them in finding the right support.
Custom Services
BAHS offers customized estate management consulting services. To help meet requests from our varied families, corporate clients, and family offices, BAHS provides a concierge service. For an hourly fee, our consultant estate managers are equipped to handle all facets of estate management. This can include property visits, opening and closing of seasonal properties, assistance in all aspects of hiring, structuring a luxury home or estate, screening staff for the principals, creating household manuals, training housekeepers to work at an estate level, and more.
Family Office Staffing
In addition to household staff, ranging from childcare and housekeepers to yacht staff to medical eldercare (click here for a full list of services), BAHS is also proud to staff family offices. Whether you’re seeking to add a new team member to an existing multi-family office or in the early stages of creating a single-family office, we can support by sourcing experienced, vetted professionals.
Start your staffing search today.