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What a Bad FM Hire Really Costs: A Worksheet for Employers

By
Peter Forshaw
Managing Director
Last reviewed
04 Nov 2026
What a Bad FM Hire Really Costs: A Worksheet for Employers
In brief

In our illustrative example a wrong FM Manager hire costs about 116% of annual salary once lost output, cover, rework and a second search are counted. Replace the assumptions with your own figures before approving a search budget.

What a Bad FM Hire Really Costs: A Worksheet for Employers cover

The visible and hidden costs of a wrong FM hire, the cost of the empty chair, a worked example and a worksheet to complete with your own figures.

What the guide covers

  • The visible and hidden costs of a wrong hire
  • The cost of the empty chair
  • A worked example with stated assumptions and a cost-by-level table
  • A ten-line worksheet to complete with your own numbers
  • Early warning signs and how to reduce the risk
  • Questions finance will ask

Related reading

Who this resource is for

Employers, finance leads and HR teams who need to size the risk before approving an FM, estates or workplace search.

Talk to Maxwell Stephens

If you want to talk this through, contact Maxwell Stephens or call 0207 118 4848.