Security guards can be hired one time for crowd control or safety at an event. They can provide ongoing protection for a business against crime and theft. They offer a security presence at apartment complexes or condos. And they are available for personal bodyguard services. Security guards work either in uniform or plainclothes, depending on the situation. Many professionals have backgrounds in the police force or special operations. Be sure to ask if you would like your security guard to be specially trained in a certain area. Several factors affect the cost of security guard and bodyguard services.
Security guards provide protection and a calming presence at weddings, large parties, corporate events, fundraisers and much more. Often security companies charge an hourly rate per each guard requested. Hourly rates vary based on regional cost of living, guard training and experience, and other factors such as relative risk to the guard. For standard jobs, Lion’s Head Executive Protection in Los Angeles, California charges $19 per hour per security guard, with a minimum five-hour agreement. This minimum time ensures that the company’s operating costs—including insurance, licensing and transporting the guard to the event—are met.
More people at a one-time event requires more security guards. Lion’s Head Executive Protection recommends one security guard for every 50 guests to ensure a smooth event.
Ongoing guard services are available for apartments, paid parking lots and other locations that require a watchful eye and protective presence on a regular basis. Services performed by the security guard varies by company. Some companies offer solely a presence, while others provide a guard that plays a more active role. Lion’s Head Executive Protection, which is owned and operated by active duty police officers, runs its security detail like a police watch. The company offers clients daily electronic logs that record safety concerns, photos of graffiti or fire hazards on-site, and any disruptive occurrences that take place. Hourly rates for ongoing services vary according to region. Lion’s Head Executive Protection charges $19 per hour per security guard. For ongoing clients, there is no minimum time requirement.
Hiring a bodyguard is different than hiring a security guard. Bodyguards protect individuals or groups, either as a preventative measure or against specific threats, while security guards protect properties and handle crowd control. Bodyguards often have specialized training and work in a higher risk role than security guards, so their rates tend to be higher. Lion’s Head Executive Protection uses off-duty police officers with 10 or more years of training and experience in special operations working with foreign dignitaries, mayors or celebrities. Lion’s Head Executive Protection charges $50–$75 per hour per bodyguard.
When a client desires around-the-clock protection, some security companies provide a day rate per bodyguard to cover all-day services. According to Lion’s Head Executive Protection, day rates vary based on the client’s specific needs.
Bodyguard services for travel are also available and cost more than a local day rate because the travel rate covers 24/7 availability as well as the security team’s travel costs. In a hypothetical example of a client traveling from Los Angeles to Las Vegas to New York, the Lion’s Head Executive Protection security team would do a threat assessment of the hotels and travel plans then create an itinerary and logistics. The team would connect with the hotels’ security liaisons to let them know they’re coming and plan for all entrances and exits. The company may also provide armored SUVs, etc. Costs depend completely on the level of the client’s needs.
Some clients in frequent need of bodyguard services establish a retainer with a security company to have services on call for when they’re needed. Costs for a security retainer greatly depend on the specific rates of the company, what level of security is needed, the time involved and the threat level of the various situations. For example, Lion’s Head Executive Protection charges a $1,600 per month security retainer for Client X. This client often goes over that budget, but if they don’t use services one month, the retainer rolls to the next month. After two months, however, the retainer must be refilled.
Security companies often provide services such as threat assessments or workshops on what to do in the case of an active shooter on-site. Lion’s Head Executive Protection recently provided an interactive shooter-awareness safety training for a large warehouse production company and charged $500.
Some security companies charge an additional travel fee if a client’s location is outside the company’s standard service range. Lion’s Head Executive Protection charges $50 for jobs beyond 15 miles of its home office. This fee covers transportation costs and the time required to travel to the job.
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