Security Company or In-House Security Guards?

You might be contemplating the incorporation of a security team for your business, yet you’re undecided between recruiting in-house security guards or reaching out to a local security company.

Both options come with associated expenses, but partnering with a security vendor could potentially offer a more cost-effective solution when compared to maintaining a full-time security staff. 

Below, we have pointed out some factors to consider:

The process of hiring carries a substantial financial burden, entailing various expenses such as job advertisements, resume screenings, and candidate interviews. Each of these stages demands a significant investment of resources.

However, when partnering with a reputable security vendor, these hiring costs become a non-issue.

By outsourcing your security needs, you not only alleviate the financial burden associated with recruitment but also gain access to expert personnel without the hassle of extensive hiring processes. This not only saves valuable time but also ensures that your organization benefits from top-tier security professionals, ultimately enhancing your operational efficiency and peace of mind.

Traditional employee-related costs, such as wages, benefits, and payroll taxes, are unavoidable when building an in-house team.

These expenses not only add up but also require ongoing management and administrative efforts.

Conversely, opting for an external security provider shifts the burden of these financial intricacies away from your organization. By engaging with a reputable vendor, you establish a clear, predetermined rate outlined in the contract, effectively streamlining your financial obligations.

This not only provides clarity and predictability in budgeting but also frees up valuable resources that can be redirected towards other core business initiatives.

In essence, outsourcing security services ensures cost efficiency and operational flexibility while minimizing the complexities associated with managing an in-house team.

The necessity for full-time employees to take periodic time off, such as vacations, inevitably introduces a financial strain due to the absence of work output despite ongoing expenses. Managing these absences, including finding suitable substitutes, adds further complexity and costs to your operational overhead.

In contrast, when entrusting your security needs to a professional security company, the responsibility for managing such absences shifts away from your organization entirely.

The security provider assumes full responsibility for ensuring seamless coverage, including handling vacation arrangements and providing substitutes when necessary. This relieves you of the burden associated with managing employee absences while not interrupting service.

Bringing new hires up to speed inevitably involves training, a process that demands both time and financial investment, whether conducted in-house or through an external training provider. Both avenues incur expenses, from course fees to instructor salaries, adding to the overall cost of onboarding.

By opting for an external security service provider, you effectively offload the responsibility and cost of training onto the vendor.

The agreed-upon contract rate encompasses these training expenses, offering a transparent and predictable cost structure for your security needs. This not only eliminates the need for separate budget allocations for training but also ensures that your security personnel receive training tailored to industry standards, without straining your internal resources.

After successfully hiring and training your employees, the next consideration is outfitting them with the necessary uniforms and footwear. This requirement entails additional expenses, as your company is tasked with sourcing and providing these essential items for each team member.

When partnering with a professional security service provider, this logistical and financial responsibility shifts away from your organization. The security company takes charge of outfitting its personnel, ensuring that all team members are properly equipped with uniforms and boots as part of their standard operational setup. This not only streamlines the procurement process but also relieves your company of the associated costs and administrative burden.

Equipping security personnel with the necessary tools and gear is paramount to ensuring they can effectively fulfill their roles. From radios to flashlights and batons, these essential items are crucial for maintaining safety and security on-site.

Procuring and maintaining equipment can impose a significant financial burden on your business, not to mention the accompanying liability and insurance costs associated with ownership.

Conversely, by partnering with a trusted security vendor, you can offload these expenses and concerns entirely. The security guards deployed to your location arrive fully equipped with all necessary gear, sparing your business from the financial strain and administrative overhead of outfitting and maintaining equipment. Moreover, the security vendor assumes liability and insurance responsibilities for the provided equipment. 

Managing employees demands daily oversight. Even if you have a security manager within your team, this individual necessitates guidance from upper management, consuming valuable time resources.

However, when you establish a contract with a security company, the security officers receive their instructions from the vendor, relieving you of the responsibility of day-to-day personnel management. The vendor effectively manages their staff on your behalf in accordance with the terms outlined in your contract.

Prices may fluctuate from one security company to another, but they all rely on the same key factors:

  • The overhead expenses of that company.
  • The compensation rate for the personnel.
  • The profit margin of the company.

When you combine these elements, it results in the billing rate.

However, when you partner with American Alliance, you secure a fixed rate for the entire duration of the agreement.

This facilitates simpler and more straightforward budgeting for your organization.

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The Bottom Line

Employing an in-house security team carries a substantial array of associated costs, some of which may not be readily apparent. While rates charged by security companies may vary, this cost remains consistent throughout the duration of your contract with that vendor when you partner with us. 

Opting for a security supplier offers an additional advantage: they possess expertise in their field.

For further insights into hiring a security vendor, please don’t hesitate to get in touch with American Alliance today!

Discover why American Alliance stands out as the premier choice for all your security needs.