The effect and cost of private security

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Reading the Winnipeg Free Press article, two things stand out:

  1. private security reduced rampant theft at a construction site to ZERO
  2. the cost of TWO security guards is 145k/yr
    the cost of ONE police officer is 245k/yr

For the security guards, that amounts to 72,500 $/guard/year. The guard gets a portion of that, and the rest goes to benefits (maybe), uniform, vehicle, and company overhead.

According to CAšŸSP’s rank and pay document, we hope the guards are getting at least 25 $/hr (50k per year).

Stealing thievesā€™ thunder: private security has made theft at Steinbach job sites disappear