In many major retail outlets it is now necessary to employ dedicated security personnel. The nature of retailing means that a considerable volume of goods being sold must be available on public display, which in turn, creates the attraction for thieves and shoplifters. The prevention of internal theft by staff may also be a major concern for the retailer.
The primary consideration when determining whether to employ security personnel must be the potential cost or loss to the company that could be incurred by failure to do so. Where profit margins are small a retailer could find any trading surplus lost to theft, vandalism and accident and therefore employing security personnel becomes a trading necessity.
The issue for most retailers is to decide whether to employ security personnel within the company or hire the services of a contract security agency. The ultimate decision is usually a matter of personal choice. The level of risk, size of the operation, insurance requirements, and availability of a suitable contract company will impact upon any conclusion. It is best to consider the overall benefits for staff, management and the security of the premises before making any final selection.
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