Underpaying for security manpower seems an attractive option financially, but poses a number of significant dangers to your organization. These include:
- Reduced quality of service: Lower wages can lead to hiring people lacking the necessary skills or qualifications.
- High staff turnover: Underpaid security personnel are more likely to leave their jobs for better-paying opportunities.
- Lower morale and motivation: Employees who feel undervalued are often less motivated.
- Liability issues: If underperforming security personnel fail to respond appropriately to incidents, it can create legal liabilities for the organization due to negligence.
- Public perception: Underfunded security operations can affect public perception, potentially damaging the reputation of an organization.
- Limited training: Underpaying staff may limit provision of training, leaving guards ill-prepared to handle difficult situations.
- Security providers ‘cooking the books’: If your security provider is paying under the minimum wage, that’s a criminal act which must be covered up in their accounts – meaning multiple levels of criminality.
Investing in fair compensation for security personnel helps to ensure effective protection and minimize risks associated with security operations.
At 3P Security Limited we strive to achieve a balance of decent pay for our staff and an economic solution for our clients.
Can you really afford to pay less?