How to Boost Employee Retention in the Security Industry

The Trackforce Team

Trackforce

August 25, 2022 · 9 min read

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Being a security guard is not easy. There are long periods of standing and walking, often alone. There is the constant risk of personal injury or physical encounters with criminals or irate customers. The stress levels and burnout rates are high.

Pay scales vary widely depending upon the assignment and locale, ranging from minimum wage for new hires to several times that for more experienced officers and armed guards.

Plus, there’s lots to know about security fundamentals such as spotting suspicious behaviors, crowd control, de-escalation tactics, the limits and consequences of the use of force, CPR, and more. In fact, most states require training, licensing, and periodic renewal of officer certification to continue working as a security guard.

As a result, contract security guard firms deal with annual turnover rates approaching 80% or more. That makes employee retention in today’s labor market more important than ever.

Employee turnover is expensive. It affects the bottom line in more ways than just the dollars spent on training, uniforms, and equipment for guards that didn’t work out or took another job for two dollars more per hour.

There are the costs of HR recruiting events, job postings, and employment agency fees. There are lost billable hours through staffing shortages, waiting (and paying) for new hires to complete their training and get licensed, as well as increased overtime expenses for officers working extended shifts to cover contractual commitments. And don’t forget the potential for losing accounts completely through the inability to provide reliable service.

Reducing turnover not only helps improve profitability, but the consistency and reliability it presents to customers helps build long term account relationships.

Key takeaways

  • Turnover is a major cost.
    Contract security firms can see annual turnover approaching 80%, with costs well beyond hiring and uniforms.
  • Training builds confidence.
    Officers who know their site and responsibilities perform better and stay longer.
  • Culture and career paths matter.
    Officers who feel heard and see a future are far less likely to leave.
  • Pay and equipment send a message.
    Competitive pay and the right gear show officers you value them.
  • Recognition and fair scheduling keep good guards.
    TrackTik helps managers schedule fairly, prevent burnout and recognize top performers with real data.

Here are a few ideas security firms can take to improve employee satisfaction and retention, and ultimately their profitability:

How to Retain Security Guards

Employee Development and Retention Strategies

Provide Proper Training

Candidates may show up with “Guard Card” in hand, but that doesn’t mean they know how to perform their job. There may be disaster-specific procedures in place depending on the type of business or event.

Guards need to clearly understand their tasks and responsibilities at the job site, such as emergency evacuation routes, AED/CPR, or account preferences for how to handle a machinery malfunction, fire, or theft that occurs while on shift. A prepared guard is an asset to your firm and the account. See the keys to an engaging security officer training program.

Create an Inclusive Company Culture

Make officers feel valued and part of the team. One of the top reasons security guards change firms or leave the industry is a function of how they are treated on the job.

Those who feel ignored or have their input dismissed will soon become disenchanted and leave, but probably not before allowing their frustrations to reflect in poor job performance.

Build channels for feedback and communications with your officers on the front lines. Arm your supervisors with the best communication strategies to improve team performance.

Offer a Career Path

Training shouldn’t stop upon certification and hiring. Provide opportunities for professional growth through additional management/supervisory, firearms, emergency response, or technical training. Clearly communicate the potential for what lies ahead if they put in the work.

Offer Fair Compensation

Do some research to learn the going hourly rate for unarmed security guards in your market, and then up it by a dollar or three to get an edge over other employers.

Above average pay will attract better candidates and keep them from leaving for another job for an extra dollar per hour. The additional payroll expense will be more than offset by the overtime savings from having a full workforce, and you’ll have a more loyal staff as well.

Provide the Necessary Equipment

The well-equipped guard is a confident guard. In addition to a uniform that clearly identifies the individual as a person of authority, the officer should be equipped with a protective vest, flashlight, baton, steel-toed boots, and a cell phone or tablet loaded with guard tour software for incident reporting, tracking, and communicating security incidents while on duty in real time.

If the firm does not supply some of these items, consider providing an allowance for employees to be reimbursed for equipment.

Recognize Guards with a Reward System

Everyone likes to be appreciated and recognized for their achievements. Reward team members who stand out, perhaps for perfect attendance, taking extra shifts, or anniversaries. Did someone do something extraordinary like stop a robbery, save a life, or demonstrate extreme calm in the face of danger? Shout them out.

Create Employee of the Month plaques. Give out gas, gift, and restaurant dining cards as impromptu bonuses or rewards for outstanding performance.

Publish a company newsletter with columns and pictures recognizing employee milestones and successes, welcoming new hires, and celebrating promotions. Build an annual tenure bonus structure, such as $100 for every year of service. See why recognizing security officers drives growth.

The Real Cost of Guard Turnover

Cost typeWhat it includes
HiringJob postings, recruiting events, agency fees and interview time
OnboardingBackground checks, licensing, uniforms, equipment and paid training hours
CoverageOvertime for officers covering open shifts while you hire
Lost revenueUnbilled or unfilled hours when posts cannot be covered
Service qualityMistakes from new officers still learning the site
Client riskComplaints, credits and lost contracts from inconsistent service

For more on the hidden costs, read why security guards are still walking out the door.

Retention Checklist by Stage

  1. Hiring: Be honest about the job, the site and the pay so expectations match reality.
  2. First week: Train on site, introduce the officer to the team and explain how to get help.
  3. First 90 days: Check in regularly, answer questions and fix early frustrations fast.
  4. First year: Recognize milestones, discuss career goals and offer additional training.
  5. Ongoing: Keep pay competitive, schedules fair and feedback channels open.

How to Measure Guard Retention

Track turnover and retention every month so you can spot problems early. Common formulas are:

  • Turnover rate = (Officers who left during the period ÷ Average number of officers) × 100
  • Retention rate = (Officers employed for the full period ÷ Officers at the start of the period) × 100

Break results down by site, supervisor and tenure to see where officers are leaving and why. Learn more in the data-driven approach to security guard retention and these 10 strategies to reduce turnover rates. Turnover remains one of the industry’s top challenges; see the great retention crisis.

How TrackTik Helps You Keep Good Guards

  • Fair, predictable schedules. TrackTik people management matches officers to shifts by skills, certifications and availability, and tracks labor cost live to prevent excessive overtime and burnout.
  • Recognition backed by data. TrackTik business intelligence shows attendance, tour completion and report quality by officer, so you can reward the right people.
  • A job that is easier to do well. The TrackTik security guard tour app guides officers through tours and tasks, with everything they need for the shift in one place.
  • Safety officers can count on. Lone-worker check-ins and emergency alerts help officers feel supported.

Employee Retention Requires Investment

Each of these ideas comes with a cost, some more than others, but all are a fraction of the cost of the constant churn of dissatisfied employees.

The bottom line: everyone is hiring, and the best security guards will keep looking and moving on until they find a firm that offers the pay, culture, and advancement opportunities that suit them.

Employee retention is an investment in both the individual and the company. It starts the moment the officer is hired and should be a continuous focus throughout their tenure.

With the proper policies and incentives in place, word will spread that your firm takes care of its officers which not only reduces turnover, but also makes it easier to attract new talent in a very competitive industry.

Book a TrackTik demo to see how security firms use it to keep their best officers.

Frequently Asked Questions

Provide proper training, build an inclusive culture with real feedback channels, offer a career path, pay competitively, supply the right equipment and recognize good work. Fair, predictable scheduling through TrackTik people management also reduces burnout.

The work involves long hours, often alone, with real safety risks and high stress. Pay can be modest at entry level, and officers can often move to another firm for a small raise, so culture, recognition and growth make a big difference.

Beyond recruiting and onboarding, turnover drives overtime to cover open shifts, unbilled or unfilled hours, mistakes from new officers and the risk of losing clients over inconsistent service.

Divide the number of officers who left during the period by the average number of officers in that period, then multiply by 100. Track it monthly and break it down by site and supervisor.

Competitive pay helps attract better candidates and keeps officers from leaving for a small raise elsewhere. The extra payroll cost is often offset by lower overtime and recruiting costs.

Recognition for attendance, extra shifts and great work, Employee of the Month awards, gift cards, a company newsletter, tenure bonuses and real opportunities for promotion and training.

TrackTik supports fair schedules and overtime control, shows performance by officer so you can recognize the right people, makes daily tasks easier through the guard tour app and adds lone-worker safety features. Book a TrackTik demo to see it in action.

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