Posted on July 19th, 2022.
When faced with a security need businesses are confronted with the choice of forming their own security team or contracting with a private security company. Many companies needing security give this decision serious thought. After considering the options, most businesses find that hiring a private security service company is more cost effective over hiring an internal security team.
Here are 7 reasons why hiring a security company is better than hiring your own internal security staff:
#1 Providing Well Trained Security Guards
Professional Security Guards are better trained and more knowledgeable than your in-house staff regarding security. They know well how to handle the security concerns occurring at your premises. A Private Security Guard can respond to risks, prevent crime, interview witnesses, and inspect the area for safety risks and secure victims. Moreover, a Professional Security Guard can help you prepare the the paper work and reports that may be required for legal proceedings.
#2 Reduce Your Liability Risk
You will be solely responsible for all accountability of your internal security team. Whatever your employees do or don’t do falls on you…and your insurance. Conversely, private security is covered by liability insurance provided by the contract company. This means that the private security company would be responsible for the incidents involving the contracted security team. By meeting your business’s needs, the security agency also provides you with a legal defense.
#3 Time Saved = Money Saved
Hiring internal security staff is a time-consuming process. First of all, you need to advertise, interview and perform background checks on applicants. After hiring, you have to spend time and money on training. Hiring a private firm eliminates this process. The security company takes care of the hiring process and provides you with the manpower that is ready, willing and able to get the job done.
#4 Less Hassle and Inconveniences
Ever had someone call off sick? Ever need to replace an employee who resigned? Anyone who runs a business answers yes to those questions followed by an unhappy look. Coordinating staff schedules to adjust for sick or resigning employees can be a stressful endeavor. Contract security is responsible for keeping your site staffed. You avoid the stress and overtime cost associated with HR and attendance issues.
#5 You Get Flexibility
With a professional security provider, you can customize your requirements according to your needs—which may not be possible with your proprietary staff. As the client, you can require the security company to make personnel and schedule changes as you need them. No need to be concerned about HR implications or labor law limitations. You simply instruct your service contractor and it is their responsibility to ensure it happens. You get complete flexibility.
#6 Private Security Guards Handle Security Matters Better
Professional Security Guards handle security concerns more efficiently than in-house resources. Training a professional security team has its unique challenges. Security companies have the expertise to know how to prepare their people and manage them in a manner that results in professional responses to security incidents. Private security service companies know what security guards must have. Businesses often have difficulty training their internal security staff to respond to security incidents as professionally as a security guard from a private security agency. Safety is the core competency of private security firms. Challenges in training internal staff arise due to the lack of business focus. Contracting with a private security service agency allows you to focus on your core business.
#7 Private Security it Cost Effective
Besides paying salaries, you have to cover the additional costs of your internal security team which includes employee taxes, vacation, benefits, overtime, holiday pay, and annual raises. When you contact a security guard services company, your cost is based on a fixed hourly rate. That rate does not change until the contract changes. As a result, you are protected from unexpected labor related cost increases.
Bottom Line
With the expertise, commitment, and legal liability relief, contract security service is a better option than hiring your own in-house security. Before choosing a security provider, make sure that you choose the right company that fits your requirements. In Ontario there are over 3000 licensed agencies providing services to customers of all shapes and sizes. That being said, choose wisely. At the end of the day, you save money contracting out.
You must also consider and factor in costs of equipment, uniforms, and other apparel needed to perform the duties correctly and efficiently. With a private company, you pay a single rate and all of these issues are covered.
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