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The Advantages and Disadvantages of Hiring Private Security Companies
So you've started your very own business and with a view to keep it up and running without the concern of security threats, you should hire a protective company. Now the main dilemma when it comes to hiring protective companies is whether to go for private security firms or whether or not to build an in house security team. If your small business is relatively new and you don't have sufficient capital to start your own in house security department on your company, listed below are some pros and cons of hiring private security companies.
Cost Effectiveness of Hiring Private Security Firms
One of the biggest advantages you will get from hiring a protective company is that you may save a hefty amount of money. You won't have to position ads within the newspaper for security guards so no advertising fee needs to be paid. You won't need to hire training professionals to train the security guards you hire because they are going to already have adequate training and particular skills taught to them by their agency. Administration costs associated with retaining the protective guards can be zero because that may already be handled by the private security agency.
So basically, you won't have to worry about administrative costs, hiring and training costs and advertisement costs. You can be amazed by the quantity you'll have saved in just one 12 months of hiring a private security firm moderately than building a security staff of your own.
Flexibility by Hiring Private Security Officers on Contract Basis
Another golden advantage you get by hiring officers from reputed security agencies is flexibility. You can improve or decrease the number of security officers on duty as you please. You can select to terminate a security guard without the necessity of a policy write up or worker union issues. This is another advantage you get when you hire security guards on contractual basis from security agencies. When you do not like the quality of service being provided to you by the agency, you'll be able to merely decide out of the contract without making any additional payments or fines.
Lack of Commitment Can Develop into an Difficulty
A serious downside to hiring guards is that they lack commitment towards your business. Private security guards hired on contract basis tend to have a carefree attitude towards serving a third party employer. This is because they do not get to enjoy the identical benefits that career staff due which cause a sense of resentment towards the employer.
High Worker Turnover Rate
One other problem you might face when hiring an agency is the high turnover rate of employees. Most contractual officers leave their jobs to grow to be career employees. This happens as a result of low salary packages which are offered to them by security agencies. There are no promotions given so basically, it is a dead end job with little or no improvement.
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