In most cases, the cost of an outsourced security program is comparable to a company’s in-house budget. However, the additional protection provided, combined with the elimination of other hidden costs actually serves to reduce a overall long-term expense.
Additional costs can include overtime wages, uniforms, recruiting and background checking expenses, training, administration personnel for payroll services and depreciation of equipment.
Determine your Security Cost Comparison by downloading our
Contract vs In-house Comparison Guide, Click Here
A Score Tool
At Initial Security we’ve developed a score tool and a performance evaluation to help you evaluate the adequacy of your existing security program. These questionnaires invite you to examine the recruitment and screening procedure, benefits, training for the position and administrative infrastructure available to support your security personnel. Your score will deliver some perspective on the extent to which your existing security program is meeting your needs.
How is your current security vendor performing? Use our Evaluation Tool to gauge if your concerns are being addressed and your security needs filled.
To download our Security Program Score Tool, Click Here
To download our Temporary Security Service Score Tool, Click Here
A Budget Tool
While an in-house security program may initially seem cost comparable to an outsourced security program, this is often not the case. Contract providers deliver additional protection and eliminate other, hidden costs that can reduce long-term expenses. As you examine the value of a contract security program, remember that many indirect expenses involving time, attention and expertise are difficult to quantify.
The typical costs associated with a security program include:
1) Direct or ‘HARD’ Costs encompass:
2) Indirect, ‘SOFT’ or hidden costs encompass ongoing expenses that may be more difficult to quantify but contribute value to the program, such as:
Determine your Security Cost by downloading our Budget Tool, Click Here
Selecting the right security service provider has a significant impact on the safety and security of your organization. You want a firm committed to understanding your unique organizational culture and establishing a successful security program.
It can be extremely challenging to distinguish one security provider from another. When evaluating different providers, examine their leadership and management, their area of security expertise, their staffing resources and the levels of training they provide. Identify the leading security firms in your community and use Initial Security’s Guide to Contracting to ensure the firm you choose can meet your needs.
To find answers to your questions download the following documents:
Guide to Contracting Security,Click Here
RFP Sample Copy, Click Here
60 Days Transition Plan, Click Here
Initial Secirity is here to help you develop and streamline your unique security needs, situation and budget.
Contact us today, we are here to help.