What Type of Benefits?
To be honest, security firms are, for the most part, money hungry and will not do anything that will cut into profits. Thus, very few security firms even offer benefits (and even fewer offer good benefits). That said, if security firms start by offering basic health insurance, they will be moving in a great direction!
Note: Often, security firms fear that offering benefits will increase the rate that they need to charge a client. At this time, the security industry is in a price war, and companies are expecting the best security for the least amount of money. Thus, many firms do not want to offer benefits because they do not want to lose a potential client… they always want to be the cheapest option.
Here at BPS Security we offer the following benefits to our Security Guards:
- Paid Bereavement
How this Simple Change Can Make a Major Impact
According to Business.Org, the top five reasons employers should offer benefits is to:
- Attract the most talented employees
- Minimize employee turnaround
- Keep a healthy workforce
- Boost employee productivity
- Enjoy better worker morale
Now, let us explain how these make a direct impact on security firms and their clients.
Attract the most talented employees.
The security industry is steadily growing. And as a result, there is an influx of security “training” and certification programs. That said, there are thousands of “security guards” available for hire, but very few of them have proper training and/or experience.
Therefore, a security firm needs to offer incentives in order to attract top clients. However, incentives will usually result in slightly higher rates (not always). Thus, many security firms will not offer benefits, and are stuck picking from a pool of terrible guards.
Minimizing Employee Turnaround
The security industry is notorious for fast turnaround. Why? Well, the job is not easy, and since there are so many guards to choose from, most companies view their guards as replaceable.
If a security firm offers benefits, the guards will be less likely to jump from firm to firm.