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How Retained Executive Search Works in FM

How Retained Executive Search Works in FM
How Retained Executive Search Works in FM guide cover

How Retained Executive Search Works in FM is a practical guide for organisations planning a senior facilities management or estates appointment. It explains what retained search is, how it differs from contingent and advertised recruitment, and what a well-run search looks like from the first briefing to the months after the new leader starts.

Most senior FM hiring failures are judgement failures, not sourcing failures. This guide focuses on the decisions that shape the outcome, from the brief and the market map to the assessment and the offer, and on the questions a client should ask at each stage.

What retained search is and when to use it

The guide sets out the three main routes to a senior appointment and the practical differences between them, including how retained search is typically paid in stages, with commitment on both sides. It then covers the situations where retained search usually earns its place:

  • Senior appointments at Head of, Director and COO level
  • Confidential searches, including replacing an incumbent still in post
  • Scarce profiles and high-risk appointments
  • Replacement searches after an appointment has not worked
  • Multiple leadership hires, where the balance of the team matters

It is also clear about when a retained search is more process than a role needs.

The stages of a retained search

Each stage is explained with what good practice looks like and what the client should receive:

  • Briefing and discovery with the stakeholders who will depend on the role
  • Market mapping and early testing of the brief
  • Direct approach to candidates who are not applying for roles
  • Assessment and a written, evidenced shortlist
  • Client interviews and substantive referencing
  • Offer and counter-offer management, onboarding and follow-up

A separate section covers confidentiality, including how to protect a search from leaks inside your own organisation.

Assessment, reporting and why searches fail

The guide sets out our assessment approach, Capability × Context × Motivation, plus Evidence, with interview questions that separate what a candidate owned from what their team or supplier delivered. It explains the reporting and market feedback a client should expect, and what the client owes the process in return.

It then lists the most common reasons senior searches fail, from a disputed brief and an untested package to hiring the CV rather than the context, along with the warning signs to watch for while a search is running.

Choosing a search partner

The final section gives a set of questions to ask before you commit to a search partner. They cover who will run the search, how the market will be mapped, how candidates will be assessed, how often you will hear from the firm and what happens after the appointee starts. It also describes the signs of a partner who will challenge the brief with evidence rather than agree with everything.

What the data says

What UK data shows about hiring timelines, the cost of a poor hire, candidate mobility and the role of search consultants.

See it in practice

Executive Recruitment Partnership with HPS Services

HPS Services provides specialist soft facilities management services to the purpose-built student accommodation and build-to-rent sectors, and was entering a period of significant expansion. What began as a conversation about salary benchmarking became a retained executive search partnership, with Maxwell Stephens appointed to recruit a Managing Director, a Business Unit Director for Seasonal Turnaround Services, an Operations Director and two Operations Managers. We invested time with HPS's senior leadership team to understand its objectives, culture, leadership structure and the operational demands of the sector, then ran targeted search and a structured assessment covering leadership capability, commercial acumen, financial understanding and cultural alignment. The appointments strengthened the senior leadership team, and the Business Unit Director went on to deliver successful seasonal mobilisation programmes and year-on-year revenue growth.

It shows a retained search for several linked leadership appointments, built on discovery with the client and structured assessment rather than volume.

Read the full case study or browse all case studies.

Related reading

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Who this resource is for

This guide is for chief executives, chief operating officers, finance and HR directors, directors of estates and boards who commission or sign off senior FM and estates appointments. It is equally useful for FM service providers building leadership teams, and for anyone deciding whether a retained search, a contingent brief or an advertised campaign is the right route for their next senior hire.

Talk to Maxwell Stephens

Maxwell Stephens is a specialist Facilities Management recruitment consultancy. If you are planning an FM, estates or workplace appointment, contact us for a confidential conversation, or read our case studies to see how comparable searches were run.