The Cost of Hiring Security Guards
Factors Affecting the Cost of Hiring Security Guards
If you’re like many of our potential clients and other smart business owners, you’ll probably interested in knowing what goes into the cost of hiring security officers. In this blog post we’ll go over the main factors.
Number of Security Guards Needed
Businesses and organizations that require multiple security guards, such as large retailers or event venues, will naturally pay more for their security services than those that require only one or two guards.
Level of Training and Experience
Highly trained and experienced security guards, such as those with military or law enforcement backgrounds, may command a higher hourly rate than those with less training and experience.
Hours of Coverage Needed
The hours of coverage needed can also impact the cost of security services. Businesses and organizations that require 24/7 security coverage will naturally pay more than those that only require security services during regular business hours.
Service Location
Businesses located in high-crime areas or remote areas may pay more for private guard services.
Type of Security Services Required
Organizations that require specialized security services, such as VIP protection or cybersecurity, will pay more for their security services.
Average Cost of Hiring Security Guards
National Average Hourly Rate for Security Guards
According to data from the Bureau of Labor Statistics, the national average hourly rate for security guards is $15.09.
Factors that May Affect the Hourly Rate
Examples of Different Types of Security Services and Their Associated Costs
- Unarmed Security Guards – The rate for unarmed security guards can range from $10 to $25 per hour.
- Armed Security Guards – Armed officers can bill out at anywhere from $20 to $50 per hour.
- Vehicular or Mobile Security Patrols – The operational cost of operating a vehicle will incur additional costs.
- Executive Protection – Security for high-profile individuals, can range from $200 to $500 per hour.
Cost-Benefit Analysis of Hiring Security Guards
Hiring security guards is an investment that will provide numerous benefits to your business. While the cost of hiring security guards may seem unnecessary, not having security measures in place when they’re needed is almost always far more profound.
The Potential Costs of Not Hiring Security Guards
There are many examples of security incidents that would have never occurred if security guards were present. Let’s review a few.
- Theft Incidents – Security guards deter potential thieves and respond quickly to security risks.
- Vandalism – Security officers monitor properties and may even identify potential acts of vandalism before they occur.
- Violence – Security guards can respond quickly to violent incidents and protect the people on your property.
- Trespassing – If a person isn’t supposed to be on the property, it’s for good reason. With security guards patrolling your property, these risks can be mitigated quickly.
By having security officers on site, businesses can reduce the risk of these and other security incidents, potentially saving themselves significant costs in the long run.
There are also indirect costs such as damage to reputation and loss of customer trust. Businesses that have experienced extraordinary security incidents often struggle to regain the trust of their customers and employees. This loss of trust can mean long-term financial losses.
Security Guards Save Businesses Money in the Long Run
While the cost of hiring security guards may seem high at first, it’s important to consider the potential long-term savings. By preventing security incidents, you can avoid those costs which can lead to lost revenue.
Additionally, by maintaining a safe and secure environment, businesses can protect their reputation and maintain the trust of their customers and employees.
Money Saving Tips for Hiring Private Guards
When it comes to protecting your business, security services are an important investment. However, it’s also important to keep costs under control.
Here are some tips for saving money when hiring security services:
Bundle Services
Many security companies offer a range of services, from security patrols to surveillance technology. By bundling services, you could save money as opposed to purchasing services individually.
Adjust Coverage Hours
Depending on the level of risk and the specific needs of your business, you can coverage hours to reduce costs. For example, if your business is closed overnight, you may not need guard services during those hours.
Consider Hiring Unarmed Guards
While armed guards may be necessary in some high-risk situations, unarmed guards may be sufficient in many other situations. Hiring unarmed guards is a cost-effective way to provide security for your business. After all, the presence of a security guard if often all that’s needed to deter criminal activity.
Negotiate Security Contract Rates
Like with any service, it’s important to shop around and negotiate rates. Be sure to compare rates and services from multiple security companies to find the best deal.
Hire Local Security Companies
Working with local security guard agencies is a cost-effective way to get the security services you need as opposed to entering a contract with a national agency. Local security companies have lower overhead costs and are more familiar with the area they’ll be working in. This familiarity will aid them in providing more efficient services.
Security Guards are Worth the Investment
Enforce Security Services, Inc. understands that protecting your business is a top priority.
Whether you’re a small business owner or manage a large organization, hiring security guards provides a sense of safety and peace of mind that cannot be achieved through other security measures.
Enforce Security Services, Inc. is committed to providing professional, reliable, and affordable security guard services to businesses in Houston and throughout Texas.
Our team of security guards have extensive experience. Officers under the employ of Enforce Security Services, Inc. are trained to meet the needs of each of our clients. Whether you require armed guards, unarmed guards, or specialized security services, we can help.
Need Security Guard Services?
Contact Enforce Security Today!
Don’t hesitate to contact Enforce Security Services, Inc. We take pride in working closely with our clients. We’ll develop a customized security plan that fits your budget and needs. Protect what matters most by putting Enforce Security Services, Inc. on guard! To get started, call us or send us a message.