The immediate cost of directly employing an individual will usually be less than employing a reputable security firm to oversee the task. Whilst the labor charge and daily pay rate for the officer will be similar, a security firm will bill you for additional management and overhead costs. These costs would include items such as: payroll taxes, training, recruitment, background checks, uniform and other essential equipment. If you are not established to handle these additional factors, the costs will quickly eclipse the upfront expense of outsourcing. For these reasons it is far more common to employ the services of a security company, as opposed to directly employing an individual.
Forming an in-house security team can be challenging. You could end up paying for ineffective security guards, or you might find they are unreliable and leaving you with holes in your security for a shift. Outsourcing these services is often the preferred option for peace of mind and eventual cost saving. Find out more about the benefits of outsourcing your security services.