For the last two decades, the Security Letter has been a benchmark document that puts the security guard industry into perspective. Each year Robert McCrie compiles data from the top security guard firms and produces what is called “the list” detailing the top 20-25 firms in the country. This year, Robert McCrie, Keith Oringer of Security ProAdvisors and Jeff DiDomenico of Trackforce Valiant made the list come to life – a great way for all of us in the business to see what’s new and different from last year to this year.
Corporations, universities and other institutions have faced the question of whether to outsource or not to outsource for decades when it comes to physical security and more recently on the cybersecurity side. What is the correct answer to this question?
Over 85% of client agreements do not allow for the payment of overtime, and any overtime incurred by guards is considered non-billable overtime (NBOT). Given today’s labor shortage and labor laws, the NBOT rate has increased by over 35%. And with a remote workforce, it is a constant challenge to get real-time data on your staff.
Security and facility services company Allied Universal today announced that it has reached an agreement to acquire U.S. Security Associates (USSA) from Goldman Sachs Merchant Banking Division (GSMBD), further building on its position as a leading player in the security services industry.
Earlier this month, AlliedBarton Security Services and Universal Protection Services completed its merger, creating Allied Universal – an enterprise with more than 140,000 employees and estimated annual revenues of approximately $4.5 billion.
The combined security officer companies employ 60,000 security professionals, with coverage in all 50 U.S. states, as well as Canada, Puerto Rico and the U.S. Virgin Islands. Together, they create the largest U.S.-owned security company.
Property managers at residential communities wear a lot of hats from filling vacancies and negotiating and enforcing leases, to maintaining the building and property, and securing the premises. To be successful, property managers need the support of their entire team – including security. A comprehensive physical security program at a residential property should extend far beyond the typical security responsibilities to also include a strong focus on customer service. Security officers should contribute to an environment that makes tenants and visitors feel safe and welcome, and encourages people to consider the community as their future home.