Executive search fees vary depending on the position, industry, location, seniority of the role, complexity of the search, urgency of the hiring needs and search firm, but most hospitality executive search firms charge between 20% and 33% of the hired candidate's first-year base salary.
Some firms work on a retained basis, where a portion of the fee is paid upfront, while others operate on a contingency basis, meaning a fee is only earned if a candidate is successfully hired.
At JWB Hospitality, we conduct executive searches on a contingency basis. Our professional fee is 20% of the candidate's first-year base salary, with no upfront retainer required. Clients only pay when a successful placement is made.
While cost is an important consideration, organizations should also evaluate the overall value of an executive search partner. An experienced hospitality executive search firm provides access to passive candidates, conducts confidential outreach, evaluates leadership and cultural fit, manages the interview process, assists with offer negotiations, and helps reduce the risk of a costly hiring mistake.
For leadership positions such as Chief Executive Officer (CEO), Chief Operating Officer (COO), General Manager, Executive Chef, Director of Operations, and Director of Food & Beverage, selecting the right executive can have a significant impact on financial performance, employee retention, guest satisfaction, and long-term organizational success. Choosing an executive search partner based on expertise and results—not simply the lowest fee—often delivers the greatest return on investment. While recruiting fees vary, the cost of making the wrong hire is usually far greater than investing in the right search partner.