In-House versus
Contract Security
Many corporate Security
Directors have concerns that switching to a contract security
provider will mean they are of lesser value to their company
and risk losing their position. However,
a transfer to contract security can have the opposite effect.
Security Directors who outsource their security program find
they no longer have to spend long, arduous hours dealing with
the day-to-day challenges of managing security officers. Instead
they are able to offer their skills in the more noticeable areas
of security consulting and analysis. This, in turn, increases
their value to the company while decreasing their security strain
as they can delegate security personnel functions to the contract
security firm's management staff.
Another main cause for
uncertainty by some companies to switch to contract security
is the perception of a lack of quality security companies. While
finding a reputable firm amongst the many security companies
within the industry may be a challenge, there are some companies
which operate on an advanced level. These are companies which
conduct thorough background investigations and have a scrupulous
process for selection of personnel. Quality companies are capable
of offering competitive benefits and wages, superior training
and employee development opportunities.
In most cases, the cost
of an outsourced security program is comparable to a company's
in-house budget. However, the added protection provided along
with the elimination of other costs actually acts to reduce a
company's long-term expense. Other costs associated with in-house
security budgets may include overtime wages, recruiting, background
check expenses, training, uniforms and personnel for payroll
services.
Click here
to download a worksheet you can use to analyze the annual costs
of your current in-house program.
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