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xtruss · 1 year ago
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The $100 Trillion Battle For The World’s Wealthiest People! Two Financial Giants Look Likely To Crush The Competition
— September 5th, 2023 | New York | Finance and Economics | Rich and Famous
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The Uber-rich hire all kinds of people to make their lives easier. Landscapers Maintain Gardens, Housekeepers Tidy Homes, Nannies Raise Children. Yet perhaps no role is as important as that of the Wealth Manager, who is hired to protect capital.
These advisers are scattered across the globe in cities such as Geneva and New York, and are employed as fiduciaries, meaning they are required to act in the interest of their clients. As such, they become privy to the intimate lives of the rich and famous, who must expose their secrets so that advice may be offered on, say, the inheritance of a child born of an extramarital affair. Advisers also help families allocate investments, stash cash in boltholes, minimise tax bills, plan for retirement, arrange to pass down their vast wealth and follow unusual wishes. A Singapore-based manager recalls being told to invest a “double-digit” percentage of a family’s wealth in “bloodstock horses”—steeds bred especially for racing—a term he hurriedly looked up after the meeting.
For decades, wealth management was a niche service, looked down upon by the rest of finance. Now it is the most attractive business in the industry. Capital and liquidity requirements set after the global financial crisis of 2007-09 have made running balance-sheet-heavy businesses, such as lending or trading, difficult and expensive. By comparison, doling out wealth advice requires almost no capital. Margins for firms that achieve scale are typically around 25%. Clients stick around, meaning that revenues are predictable. Competition has crushed profits in other formerly lucrative asset-management businesses, such as mutual funds. And whereas the pools of assets managed by BlackRock and Vanguard, the index- and exchange-traded-fund giants, are huge, they collect a fraction of a penny on every dollar invested. A standard fee for a wealth manager is 1% of a client’s assets, annually.
Wealth management is all the more appealing because of how quickly it is expanding. Global economic growth has been decent enough over the past two decades, at more than 3% a year. Yet it has been left in the dust by growth in wealth. Between 2000 and 2020 it rose from $160trn, or four times global output, to $510trn, or six times output. Although much of this is tied up in property and other assets, the pool of liquid assets is still vast, making up a quarter of the total. Bain, a consultancy, estimates that it will almost double, from just over $130trn to almost $230trn by 2030—meaning that a $100trn prize is up for grabs. They anticipate the boom will help lift global wealth-management revenues from $255bn to $510bn.
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Image: The Economist
It will be fuelled by geography, demography and technology. The biggest managers are attempting to cover ever more of the globe as dynastic wealth is created in Asian and Latin American markets. Baby-boomers are the last generation that can rely on defined-benefit pensions for their retirement; more people will have to take decisions about how their own wealth will support them. Meanwhile, software is streamlining the bureaucracy that once waylaid wealth managers, allowing them to serve more clients at lower cost, and helping firms automate the acquisition of new ones. These gains will allow big banks to serve the merely rich as well as the uber-wealthy. Firms are already climbing down the rungs of the wealth ladder, from ultra-high-net-worth and high-net-worth, who have millions of dollars to invest, into the lives of those with just $100,000 or so.
Markus Habbel of Bain sees a comparison to the booming luxury-goods industry. Handbags were once prized for their exclusivity as much as their beauty, but have become ubiquitous on social media, with influencers touting Bottega Veneta pouches and Hermès bags. “Think about Louis Vuitton or Gucci. They have basically the same clients as [wealth managers] target and they increased from 40m [customers] 40 years ago to 400m now,” he notes. Upper-crust buyers have not been put off.
Which firms will grab the $100trn prize? For the moment, wealth management is fragmented. Local banks, such as BTG in Brazil, have large shares of domestic markets. Regional champions dominate in hubs, including Bank of Singapore and dbs in Asia. In America the masses are served by specialist firms such as Edward Jones, a retail-wealth-mananagement outfit in which advisers are paid based on commissions for selling funds. Only a handful of institutions compete on a truly global scale. These include Goldman Sachs and JPMorgan Chase. But the two biggest are Morgan Stanley and a new-look ubs, which has just absorbed Credit Suisse, its old domestic rival. After acquiring a handful of smaller wealth-management firms over the past decade, Morgan Stanley now oversees around $6trn in wealth assets. After its merger, ubs now oversees $5.5trn.
To The Victor
This patchwork is unlikely to last. “The industry is heading in a winner-takes-all direction,” predicts Mr Habbel, as it becomes “very much about scale, about technology and about global reach”. Jennifer Piepszak, an executive at JPMorgan, has reported that her firm’s takeover of First Republic, a bank for the well-heeled that failed in May, represents a “meaningful acceleration” of its wealth-management ambitions. Citigroup has poached Andy Sieg, head of wealth management at Bank of America, in an effort to revamp its offering. In 2021 Vanguard purchased “Just Invest”, a wealth-technology company.
ubs and Morgan Stanley have grander ambitions. The firms’ strategies reflect their contrasting backgrounds and may, ultimately, end up in a clash. Morgan Stanley competes around the world but is dominant in America, and is focusing on wealth services for the masses, as shown by its purchase of e*trade, a brokerage platform, in 2020. James Gorman, the bank’s boss, has said that if the firm keeps growing new assets by around 5% a year, its current growth rate, it would oversee $20trn in a decade or so.
This would be built on Morgan Stanley’s existing scale. In 2009 the bank agreed to acquire Smith Barney, Citi’s wealth-management arm, for $13.5bn, which helped boost margins to the low teens from 2% or so in the years before the financial crisis. Today they are around 27%, reflecting the use of tech to move into advising the merely rich. Andy Saperstein, head of the wealth-management division, points to the acquisition of Solium, a small stock-plan-administration firm, which Morgan Stanley purchased for just $900m in 2019, as crucial for building a strong client-referral machine. “No one was looking at the stock-plan-administration companies because they didn’t make any money,” he says. But these firms “had access to a huge customer base and [clients] were constantly checking to see when the equity was going to vest, what it was worth and when they would have access to it.”
ubs is employing a more old-school approach, albeit with a global twist. Having taken over its domestic rival, the Swiss bank has a once-in-a-generation chance to cement a lead in places where Credit Suisse flourished, such as Brazil and South-East Asia. Deft execution of the merger would make the firm a front-runner in almost every corner of the globe. Thus, for now at least, the new-look ubs will focus more on geographic breadth than the merely rich.
In differing ways, both Morgan Stanley and ubs are seeking even greater scale. When clients hire a wealth manager they tend to want one of two things. Sometimes it is help with a decision “when the cost of making a bad choice is high”, says Mr Saperstein, such as working out how to save for retirement or a child’s education. Other times it is something exclusively available, such as access to investments unobtainable through a regular brokerage account.
Being able to offer clients access to private funds or assets will probably become increasingly important for wealth managers. Greater scale means greater bargaining power when negotiating with private-market firms to secure exclusive deals, such as private funds for customers or lower fees. Younger generations, which will soon be inheriting wealth, are expected to demand more environmentally and socially conscious options, including those that do not just screen out oil companies, but focus on investing in, say, clean energy. A decade ago a client would tend to follow their wealth adviser if he or she moved to a new firm. Exclusive funds make such a switch more difficult.
The winner-takes-all trend may be accelerated by artificial intelligence (AI), on which bigger firms with bigger technology budgets already have a head start. There are three kinds of tools that ai could be used to create. The first take a firm’s proprietary information, such as asset-allocation recommendations or research reports, and spit out information that advisers can use to help their clients. Attempts to build such “enterprise” tools are common, since they are the easiest to produce and pose few regulatory difficulties.
Wealthbots
The second type of tool would be trained on client information rather than companies’ proprietary data, perhaps even listening in on conversations between advisers and clients. Such a tool could then summarise information and create automatic actions for advisers, reminding them to send details to clients or follow up about certain issues. The third kind of tool is the most aspirational. It is an execution tool, which would allow advisers to speak aloud requests, such as purchasing units in a fund or carrying out a foreign-exchange transaction, and have a firm’s systems automatically execute that transaction on their behalf, saving time.
It will take money to make money, then. The biggest wealth managers already have more substantial margins, access to products their clients want and a head start on the technology that might put them even further ahead. “We are a growth company now,” claims Mr Saperstein of Morgan Stanley, a sentence that has been rarely uttered about a bank in the past 15 years. “We are just getting started.”
Yet the two giants atop the industry are both going through periods of transition. ubs has barely begun the open-heart surgery that is required when merging two large banks. Meanwhile, Mr Gorman, architect of Morgan Stanley’s wealth strategy, will retire some time in the next nine months. The succession race between Mr Saperstein, Ted Pick and Dan Simkowitz, two other executives, is already under way. Either firm could falter. Although the two are chasing different strategies, it is surely only a matter of time before they clash. ubs is on an American hiring spree; Morgan Stanley is eyeing expansion in some global markets, including Japan.
And despite the advantages offered by scale, smaller wealth-management firms will be difficult to dislodge entirely. Lots of different outfits have a foothold in the industry, from customer-directed brokerage platforms like Charles Schwab, which also offer their richest customers independent advice from a fiduciary, to asset-management firms, such as Fidelity and Vanguard, which have millions of customers invested in their funds, who might seek out wealth-management advice.
When Willie Sutton, a dapper thief also known as Slick Willie who died in 1980, was asked why he decided to rob banks, he replied that it was simply “because that is where the money is”. This is also a useful aphorism to explain strategy on Wall Street, as firms race to take advantage of the $100trn opportunity in wealth management. Once the business was a sleepy, unsophisticated corner of finance. Now it is the industry’s future. ■
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hamiltonwallis · 1 month ago
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Navigating the Domestic Staff Recruitment Landscape in the UK
Balancing professional responsibilities with personal life can be quite a challenge. As a result, more individuals and families are seeking help to manage their household affairs efficiently. This is where domestic staff recruitment in UK comes into play, providing a practical solution for hiring skilled professionals who can ensure the smooth operation of a household.
Domestic staff recruitment in UK has become increasingly popular over the years, as busy professionals, expatriates, and high-net-worth individuals seek reliable and trustworthy personnel to manage their homes. This recruitment process involves finding qualified candidates for a variety of roles, including housekeepers, nannies, butlers, chefs, chauffeurs, gardeners, and personal assistants. The goal is to match the specific needs of a household with the skills and experience of potential employees, ensuring a perfect fit that benefits both parties.
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Understanding the Recruitment Process
The process of domestic staff recruitment in the UK can be daunting without the right guidance. Typically, it starts with defining the specific roles and responsibilities required by the employer. This may involve creating detailed job descriptions, outlining expectations, and determining the necessary qualifications and experience. Once these criteria are established, the recruitment agency or individual responsible for hiring can begin the search for suitable candidates.
Agencies specializing in domestic staff recruitment play a crucial role in this process. They have access to a wide pool of candidates and employ rigorous screening procedures to ensure that only the most qualified individuals are presented to clients. This includes conducting background checks, verifying references, and assessing skills through interviews and practical tests. For families and individuals seeking domestic staff, using a reputable recruitment agency provides peace of mind, knowing that the candidates have been thoroughly vetted and are capable of performing their duties efficiently.
The Benefits of Hiring Domestic Staff
There are numerous benefits to hiring domestic staff, particularly for those who lead busy lifestyles. One of the most significant advantages is the time-saving aspect. Having professionals manage household chores, childcare, cooking, or driving allows employers to focus on their careers and personal pursuits. It also ensures that the household runs smoothly, with tasks handled by individuals who are trained and experienced in their specific roles.
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Additionally, employing domestic staff can enhance the quality of life for the entire family. Parents can rest assured knowing that their children are in capable hands, while a skilled chef can provide nutritious meals tailored to the family’s preferences. A well-maintained home and garden, driven by experts, can create a welcoming environment for relaxation and entertaining guests.
Domestic staff recruitment in UK offers an effective way for families and individuals to manage their household needs with professionalism and ease. By engaging the services of a reputable recruitment agency, employers can access a pool of skilled candidates who are equipped to handle various domestic responsibilities. This not only simplifies the hiring process but also ensures that the chosen staff members align with the specific requirements and lifestyle of the household, ultimately enhancing the quality of life for everyone involved.
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providencepeakrp · 8 months ago
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Jobs you'd like to see filled? Or locations you'd like to see people working at?
Ooh, this is such a good question, anon! We'll try to give you a comprehensive list of both and hopefully it sparks some inspiration!
Gas station attendent at At Your Service.
Ice cream slinger at Below Zero.
Movie theater attendent at Cinematic.
Dolphin or Sea Lion trainer at Coral Cove.
Education operation specialist at Coral Cove.
Server at Farm to Fork.
Artist who displays their work at Fine Arts Club.
Groomer at Good Pets.
Gift shop employee at the National History Museum.
Pharmacist at Mountainside Pharmacy.
Owner or employee of Peak Seasons.
Pilot, flight attendent, security, or gate attendent at Providence Peak Airport.
Jeweler at Silving Lining.
Seasonal park employee at Stomias Amusement Park.
Seasonal theater concession employee at Starview Drive-In.
Wine sommelier at The Grape Escape.
Confectioner at The Sugar Shack.
Education operation specialist at Thornberry Adventure Park.
Animal care specialist at Thornberry Adventure Park.
Lucky Joe's Owner (Joe's son).
And some jobs we'd like to see that don't have a location attached to them yet:
Pet Service Employees (dog walkers, pet sitters, groomers, etc).
Childcare Employees or Elementary Teachers.
Uber/Lyft Driver.
Household Employees (contractors, landscapers, housekeepers, nannies, etc).
Cemetary Groundskeeper.
Florist.
Film Director or Producer.
Property Developer.
Real Estate Agent.
Car Salesperson.
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maidsrus1 · 9 months ago
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Find Your Ideal Housekeeper In Singapore
In today’s day and age, striking a balance between work, family, and personal time can be an overwhelming challenge. Owing to society’s expectations and one’s own priorities, the demand for reliable housekeeping services has seen a sudden increase leading to a growing reliance on local and Filipino maids in Singapore. In a metropolitan such as this, these dedicated professionals have become an irreplaceable part of households and individuals which we shall examine through this article-
The Rise of Filipino Maids in Singapore
Singapore's multicultural landscape encourages and embraces diversity, leading to their population of various ethnicities.Among them, Filipino domestic helpers along with housekeepers in Singapore have found a place for themselves. Known for their strong work ethic, professionalism, and dedication, Maids R Us have become the preferred choice for many households seeking reliable housekeeping services.
One of the key reasons behind the popularity of Maids R Us in Singapore is owing to their unmatched efficiency and expertise. Trained in various aspects of housekeeping, including cleaning, cooking, childcare, and eldercare, these professionals ensures that every task is performed meticulously, leaving clients pleased.
Moreover, reliability is core when it comes to housekeeping services and Maids R Us provides maids and housekeepers in Singapore who are renowned for their dependability and trustworthiness. Punctual, responsible, and dedicated, they take their roles seriously, ensuring that household chores are completed efficiently and on time. 
Finally, investing in good childcare is a necessity for every busy or working parent. There often lies the challenge of balancing work commitments with the need for quality childcare without compromising on their children's wellbeing and needs,. This concerned is validated by Maids R Us, whose objective is to make smoothen this journey.
Does Maids R Us Truly Make A Difference?
Maids R Us, Singapore's premier nanny agency, understands the intricate needs of parents in childcare. With a dedication to excellence and years of experience, we offer skilled, caring, and nurturing nannies. Our helpers undergo extensive childcare training, ensuring they provide quality care for children of all ages. They are equipped with early childhood education expertise, fostering intellectual and emotional development. 
In conclusion, Maids R Us is the ideal platform for reliable, professional caregivers who prioritize your child's well-being while shaping a harmonious home environment within the hustle bustle of  Singapore.
Contact us:-
Maids R US
Address:- 02-13 Tudor Court 131 Tanglin Road, Singapore, Singapore, 247924
Website:- https://maids-rus.com/
Phone: +65 9186 6527
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pocketbookreferral · 1 year ago
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Simplifying Life in LA: Why You Should Hire a Family Assistant
In the bustling city of Los Angeles, where the pace of life can be fast and demanding, many families find themselves juggling multiple responsibilities. Balancing work, childcare, and household chores can be overwhelming. However, there's a solution that more and more families are turning to: hiring a family assistant. In this article, we'll explore the benefits of bringing a family assistant on board in the City of Angels.
Streamlining Household Responsibilities
Life in Los Angeles can be hectic, leaving families with little time for the essential tasks that keep a household running smoothly. Consider to hire family assistant in LA, as a family assistant can take on a range of responsibilities, from grocery shopping and meal preparation to managing household budgets and organizing the home. By delegating these tasks to a competent family assistant, parents can reclaim precious time for themselves and their children.
Expert Childcare Support
For many families in LA, finding reliable childcare can be a constant challenge. A family assistant is a versatile professional who can seamlessly blend childcare responsibilities with other household tasks. Whether it's picking up the kids from school, helping with homework, or coordinating extracurricular activities, a family assistant provides invaluable support to busy parents, ensuring that their children are well-cared-for and thriving.
Flexibility to Meet Unique Family Needs
One of the key advantages of hiring a family assistant is the flexibility it offers. Unlike traditional nannies or housekeepers, family assistants are adaptable and can tailor their services to meet the unique needs of each family. This flexibility ensures that families in LA can create a personalized arrangement that suits their lifestyle, whether it involves managing a busy schedule, overseeing household projects, or providing additional support during peak hours.
Efficient Time Management
Hire a family assistant in LA, the city where time is of the essence; efficient time management is crucial. A family assistant excels in organizing and prioritizing tasks, helping families make the most of their time. From scheduling appointments to coordinating family events, a family assistant acts as a valuable resource, ensuring that every minute is spent purposefully and that no important detail is overlooked.
Building a Strong Support System
Life in LA can sometimes be isolating, especially for families new to the city or those with limited social connections. A family assistant can become an integral part of the support system, offering not just practical assistance but also emotional support. By forming a close working relationship with the family, a family assistant can contribute to a positive and harmonious household environment.
In the dynamic and fast-paced landscape of Los Angeles, hiring a family assistant is a strategic decision for families looking to achieve a better work-life balance. From streamlining household responsibilities to providing expert childcare support, a family assistant offers a range of services that cater to the unique needs of each family. In a city where time is a precious commodity, the efficiency and flexibility of a family assistant can make a significant difference, allowing families to focus on what matters most: creating lasting memories together.
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realtydubai · 2 years ago
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delphiasibel · 2 years ago
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Work With the most effective House Cleaner Company
Home cleaning is a specialized field that calls for experienced people to carry out the work. With lots of categories for housekeeping work it is best to employ a caretaker agency that has housekeeping remedies for all the classifications. This can aid you find the best individual for your specific requirement.
Why an agency?
It is best to work with a maid agency You can discover excellent housekeeping team with the firm. They have specialized team for the certain housekeeping demands. As an example housekeeping work, residential team jobs, housekeeping for senior, cook, valet, gardener, driver, housekeeping for children, house maid and so on. You can find the whole housekeeping need under one roof covering. Also, the firm can be held answerable for any type of trouble with the personnel they send out. The maid agency employs their personnel according to their respective skill set as well as their experience. This can help you locate the most effective staff according to your demand.
Advantages of a company.
There are a number of advantages of a company. Good and also reputed housekeeping company undertaking to provide maximum satisfaction to their customers. There are several firms that keep a data base of knowledgeable staff as well as clients that want to work with a housekeeping staff. The candidates that are employed by the housemaid agency are knowledgeable and skilled, which helps you to save your time to accustom them with your home atmosphere. Residential personnel work and nanny work are several of one of the most demanded work in the housekeeping sector and also one of one of the most paid ones. Likewise in instance of any kind of problem with the staff you can quickly reach out to the agency and obtain the personnel got rid of or replaced.
Employ the best
It is really vital to discover the best housekeeping firm. It will certainly aid to save your effort and time in doing the job of discovering a help by yourself. Locate an excellent and also reputed firm that can provide you with your certain housekeeping demands. For example domestic personnel tasks call for knowledgeable experts that can care for all the facets of your house such as cleaning as well as cleaning. A gardener needs to be well versed with the gardening and also landscape design facets and ought to have an extensive expertise of the kinds of plants and blossoms. Similarly all the different housekeeping categories call for very experienced as well as experienced personnel which excellent companies can provide.
Just how to hire the very best?
There are a number of means by which you can hire the solutions of the very best agency. For instance you can browse online. You will certainly find excellent housemaid company that can provide with various housekeeping remedies. You ought to compare various companies, https://www.bgvhod.com and the different housekeeping jobs that they supply. Likewise check for the relevant experience in the housekeeping market. You can additionally compare the rate the firms bill for different housekeeping solutions. You should likewise ask your relatives and buddies about any type of such agency as well as their solutions.
To discover yourself a good housekeeping personnel, employ the very best company. You can unwind as well as relax and also do things that are more crucial, if you work with an excellent housekeeping agency.
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remoteteach · 2 years ago
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learnphotoo · 2 years ago
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High-Profile Art Couple Offers Worst Job Ever
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By Will Heinrich Wanted: Caretaker for child, dogs, chef, nannies, landscapers, housekeeper and guests. A detailed rundown of irritating tasks is the talk of the art-world underclass. Published: February 26, 2023 at 08:00AM from NYT Arts https://ift.tt/3hQEelr
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myrlmazion · 2 years ago
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Work With the Best House Cleaner Firm
Housekeeping is a specialized area that requires knowledgeable people to carry out the task. With great deals of classifications for housekeeping jobs it is best to hire a housemaid agency that has housekeeping services for all the classifications. This can aid you locate the most effective individual for your certain demand.
Why a company?
It is best to employ a house cleaner agency You can discover good housekeeping team with the firm. They have actually specialized personnel for the certain housekeeping demands. For example housekeeping tasks, domestic team jobs, housekeeping for senior, cook, valet, garden enthusiast, vehicle driver, house cleaning for kids, house maid, свързана интернет страница and more. You can discover the entire housekeeping requirement under one roofing. Likewise, the agency can be held answerable for any kind of trouble with the personnel they send. The maid firm hires their personnel according to their particular skill set and also their experience. This can aid you find the most effective personnel according to your demand.
Benefits of a company.
There are numerous advantages of a company. Great and also reputed housekeeping company undertaking to provide maximum fulfillment to their customers. There are numerous companies that maintain an information base of knowledgeable staff and also clients that intend to hire a housekeeping personnel. The prospects that are hired by the housemaid firm are experienced and seasoned, which aids you to conserve your time to acquaint them with your home setting. Residential staff tasks and nanny work are several of the most sought after jobs in the housekeeping field and additionally one of one of the most paid ones. Additionally in instance of any type of issue with the team you can easily connect to the firm and obtain the personnel eliminated or replaced.
Employ the very best
It is extremely important to locate the best housekeeping company. It will certainly aid to conserve your effort and time in doing the task of locating a help on your own. Find a good as well as reputed agency that can offer you with your details housekeeping demands. For example domestic team tasks need knowledgeable professionals that can care for all the aspects of your home such as cleaning and also dusting. A gardener ought to be well versed with the horticulture and also landscape design elements and should have a thorough knowledge of the kinds of plants and also flowers. Likewise all the different housekeeping groups require highly knowledgeable as well as knowledgeable team which good firms can give.
Just how to employ the most effective?
There are numerous means through which you can hire the services of the best agency. As an example you can search online. You will certainly discover good house cleaner firm that can supply with various housekeeping solutions. You must contrast various agencies as well as the various housekeeping jobs that they supply. Also look for the relevant experience in the housekeeping field. You can additionally contrast the price the firms charge for various housekeeping solutions. You must additionally ask your relatives and also buddies regarding any kind of such firm and also their solutions.
To locate yourself a great housekeeping personnel, work with the very best agency. You can kick back as well as unwind and do things that are more important, if you work with an excellent housekeeping firm.
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hamiltonwallis · 9 months ago
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Navigating the Path to Exceptional Domestic Staff: A Guide to Recruitment in the UK
Introduction: In today's fast-paced world, the demand for skilled and reliable domestic staff is higher than ever. Whether it's a trusted nanny to care for your children, a diligent housekeeper to maintain your home, or a proficient chef to tantalize your taste buds, finding the right domestic staff can make all the difference in enhancing your quality of life. In the UK, where standards of service excellence are held in high regard, recruitment for domestic staff requires a strategic approach. In this guide, we explore the intricacies of domestic staff recruitment in the UK and offer valuable insights for both employers and candidates alike.
Understanding the Landscape: The UK's domestic staffing industry is diverse and dynamic, catering to a wide range of household needs and preferences. From live-in positions in stately homes to part-time roles in bustling urban residences, there is a myriad of opportunities available for domestic staff across the country. Employers seeking to hire domestic staff often prioritize qualities such as professionalism, discretion, and a genuine passion for service.
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Key Considerations for Employers:
Define Your Requirements: Before embarking on the recruitment process, clearly outline your expectations and requirements for the role. Consider factors such as job responsibilities, working hours, and desired qualifications or experience.
Engage with Reputable Agencies: Partnering with reputable domestic staffing agencies can streamline the recruitment process and connect you with qualified candidates. Look for agencies with a proven track record of success and a commitment to matching employers with suitable staff.
Conduct Thorough Interviews: Take the time to conduct thorough interviews with potential candidates, assessing not only their skills and experience but also their personality fit and alignment with your household culture.
Invest in Training and Development: Once you've found the right candidate, invest in their training and development to ensure they are equipped to excel in their role. Provide clear guidance and ongoing support to foster a positive working relationship.
Key Considerations for Candidates:
Highlight Your Skills and Experience: When applying for domestic staff positions, emphasize your relevant skills and experience, whether it's childcare, housekeeping, cooking, or other specialized areas.
Demonstrate Professionalism and Discretion: Employers value professionalism and discretion in domestic staff, so be sure to present yourself in a professional manner and respect the confidentiality of the household.
Be Prepared for Interviews: Prepare for interviews by researching the household and understanding the specific requirements of the role. Showcase your enthusiasm for the position and your commitment to delivering exceptional service.
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Continue Learning and Growing: In the competitive field of domestic staffing, ongoing learning and professional development are key to staying ahead. Seek out opportunities to expand your skills and knowledge, whether through formal training programs or hands-on experience.
Conclusion: Domestic staff play a vital role in supporting households across the UK, providing invaluable assistance and contributing to the overall well-being of their employers. By understanding the nuances of domestic staff recruitment and following best practices for both employers and candidates, you can navigate the process with confidence and ensure a successful match that meets the needs of all parties involved. Whether you're seeking to hire exceptional domestic staff or embark on a rewarding career in the field, the UK offers a wealth of opportunities for those dedicated to service excellence.
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providencepeakrp · 10 months ago
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What would you say some most wanted professions/jobs would be around Providence Peak?
Good Afternoon, Anon! You'll find a list of our most wanted occupations below. Members, if there are any occupations you'd like to see, please don't hesitate to add below.
Pet Service Employees (dog walkers, pet sitters, groomers, etc).
Candy Maker/Owner of The Sugar Shack.
Uber/Lyft Driver.
Firefighters or Emergency Service Workers.
Household Employees (contractors, landscapers, housekeepers, nannies, etc).
Florist.
Gas Station Employee.
Film Director or Producer.
Property Developer.
Sandwich Creator.
Dispensary Owner.
And always employees or owners of our lovely locations!
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the-empress-7 · 3 years ago
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Re: the run rate of the Montecito pile:
I owned a home that was 11,000 square feet on some acearge- tennis court, pool house, extensive gardens, etc.
Our “run rate” for that home was a little over $400K a year. That was taxes, utilities, landscaping and maintenance (there was always something that needed attention).
That did not include staff salaries, food, incidentals, clothing, etc. We had two full time housekeepers, a house manager, a nanny and a gardener.
I cannot imagine having all of their base expenses like those above and then piling on “personal maintenance”- procedures, injectables, extensions, etc…plus her astronomical clothing expenses…plus over the top p.r. retainers!
There is no way they have a positive cash flow. No way. That large sucking sound is their net worth going down the drain.
Thank you for sharing this. Home ownership is no joke, and an estate like the one you had comes with eye watering expenses. Buying the property is the easy part right?
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justiceamberheard · 3 years ago
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Pls don’t get all defensive about my question because I’m not defending Johnny!
I saw you made a post about him being racist (which sucked when I heard it, I’m African American😞) but isnt Amber also racist?
I’ve seen pictures of a tweet she made in 2018 about how there was an ICE checkpoint in Hollywood near where she lived and that people should “give their housekeepers, nannies and landscapers and ride home tonight…” then later deleted it (apparently not before people screenshot it).
Idk if you know what ICE is but it’s a component of the U.S. Department of Homeland Security (DHS), primarily responsible for enforcing federal immigration and customs laws. Making stereotypical remarks like that IS considered racist and insensitive.
I personally don’t like Amber but I DO NOT wanna accuse her of being racist if she isn’t. So if the tweet is fabricated I’d love to know.
Again, I wasn’t trying to argue or defend anyone, i genuinely wanna know. ❤️
I think she wanted to point out the problem, but did it in a totally wrong way.
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consultingsister-aa · 4 years ago
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@epiitaphs​ said: Will you defend yourself? From me, I mean. (seb)
𝐀 𝐌𝐄𝐌𝐄, 𝐏𝐑𝐎𝐁𝐀𝐁𝐋𝐘 ... 𝐍𝐎 𝐋𝐎𝐍𝐆𝐄𝐑 𝐀𝐂𝐂𝐄𝐏𝐓𝐈𝐍𝐆
The Sussex landscape was a picturesque display of autumn at its very best. A carpet of orange, red and yellow leaves covered the ground and crunched satisfyingly under their boots. The house that Cee had grown up in served as backdrop and safehouse. Safe from London, safe from work but safe from family too. Morland was hardly in England these days and her brother’s didn’t have the same attachment to the Holmes Estate as Cee did. Although it was, in many ways, unlived in, just one call ahead from Celia and the floors had been scrubbed, fires lit and one of the larger guest rooms made up for her visit. This has meant an introduction of Seb to the housekeeper who has served as nanny, cook and mother for the Holmes children since Violet had died. She seemed relatively happy in Celia’s choice of partner though. 
After a tour of the grounds and the house, which concluded in Celia’s childhood bedroom which hadn’t changed much from her teenage years, they dressed up warmly, packed their flask of tea and made their way down to the edge of the woods. Cee delighted in telling ghost stories about it; all inherited and passed down the generations and almost all based on real life events. 
One the fence that marked the end of the original parkland (Celia’s great grandfather has since bought almost all the surrounding land, although rented it out to farmers mostly), Seb had lined up a selection of glass bottles and tin cans. Good old fashioned target practice. Cee had a little experience with a gun, having grown up with a hunting, shooting sort of crowd but nothing on what Seb had planned to teach her. Smaller pistols were on the plan for today, a Smith & Wesson M&P fit snugly in her hand but she still winced when she pulled the trigger. The hopes were that Cee would never need to know how to use a gun but when you’re boyfriend spends his days planning murder, you can never be too careful. 
The heiress repositioned herself, closed one eye, took a breath. Seb’s hands settled his hands on ehr shoulders, which was only distracting and just for a second, she forgot to breath. His breath on her neck, his quiet whisper in her ear. She hopes he’s joking. A prickling sense of dread in her stomach tells her, he’s not. She opens her eye again, adjusts and squeezes the trigger. 
It’s her first perfect shot. The bullet makes a satisfying ping as it hits the can. Even though delight and adrenaline rish through her, she managed to keep her cool, leaning back into him and twisting her neck so she can look up at him. “Let’s hope it never comes to that, darling.” 
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plussizeappreciationfics · 4 years ago
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I don't know a whole lot about the whole Depp and Heard thing but if you don't mind can you tell me a bit about their racist remarks or actions? I'm not doubting it happened but I just wanted to know what they did specifically.
When ICE agents were illegally (in illegaly I mean parents being taken away while working which resulted in kids not being picked up from schoolor finding and empty house) deporting and putting hundreds of immigrants into those camps, Amber tweeted saying
"Everyone better give their nannies, housekeepers and landscapers a ride back home"
She got backlash and immediately deleted her tweets before sending out another one suddenly being all like "iS tHiS thE AmEricA wE'rE aImInG for?"
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