Rising Demand for Private Staff in Cyprus as Family Offices Relocate
We have seen a clear increase in requests for private staff supporting family offices and private residences based in Cyprus. Five years ago, this was a location from which we…
Family office hiring has become more complex, changing how teams are structured and the expertise they require. As responsibilities grow, building the right team is now a central part of long-term planning. Here are five ways private employers can strengthen their hiring strategy and secure exceptional talent.
Embrace AI
AI is becoming a bigger priority for family offices, with 65% planning to prioritise AI investments.
For employers, understanding how AI can support teams and ensuring professionals have the skills to use it effectively will be important as adoption grows. Learn more about this in our roundtable report, Building AI Confidence.
Offer competitive benefits
While salary remains strong for family office professionals, candidates are increasingly looking for employers who offer additional benefits, such as private healthcare. Our Salary and Benefits Guide found that 48% of professionals want benefits that reflect rising living costs.
Offering stand-out benefits and a robust overall package will help ensure your vacancy remains attractive to top-tier talent.
Provide clear career progression
Family office professionals are increasingly looking for roles that offer clear opportunities for career progression. In fact, 55% of family offices say unclear or unattractive long-term career opportunities can make recruitment and retention more challenging.
Providing a clear path for progression can help build long-term engagement.
Prioritise cultural fit
Finding the right fit is essential when hiring for a family office, with 40% of family offices saying establishing that chemistry between staff and the family can be challenging. Discretion is a key part of this, particularly when professionals are handling sensitive personal or financial information. Considering this alongside experience during the hiring process can help build a strong relationship from the outset.
Appeal to Gen Z
Gen Z makes up a growing share of the talent pool, with work-life balance now the top career goal for 20% of UK Gen Z professionals. Family offices looking to attract younger professionals should consider how their values, culture and approach to wellbeing are reflected in the workplace.
Looking for support with your next family office hire? Our specialist team is here to help. Get in touch with us to discuss your requirements.
