- June 2, 2025
- Posted by: Anita Zeba Bakhtiar
- Category: Investment Decision

While price might not always determine the value or worth of a service, in case of security services, higher prices are often equated with premium quality offerings. Companies like G4S that provide security services in Dhaka offer armored vans for transportation, armed/ unarmed security guards, usually also cost more. This higher cost is in comparison with your average run-of-the-mill security guards from a non-name-brand company. In many cases, smaller apartment complexes or single homes choose companies based on their preferences, a smaller budget being their main concern. However, are higher cost security services always an assurance of quality? Let us find out!
In the service industry, different parameters are taken into account when charging the final consumer a higher cost. For example, hotels that fall into the luxury category (4 & 5 star, international hotel chains) cost higher because of the amenities, as well as their higher brand value. High-risk jobs, like those of security guards, will cost more when the services offered are more well-rounded in nature.
In recent times, with the advent of modern technology like AI, smart security systems and CCTV cameras, it is crucial to hire a security service that can use these tools to the best of their abilities. For example, hiring a security service that has guards who know defensive manoeuvres, can check CCTV footage for suspicious activity, and are street-smart, will allow for the best possible, well-rounded protection available. In an apartment complex, it is best to have CCTV cameras at each floor, as well as at the entrance and parking areas.
The guard room needs to be close to the entrance but in a well-protected room where the cameras cannot be stolen by burglars. Hiring a cheaper security service might mean that the guards are not technically well-versed, and they might be least bothered about the protection of property. Usually, when a security service costs less, a large portion of the liability or risk of protection falls upon the one taking this service. Therefore, it is best to choose a service that is not too highly priced but also not priced so low that hiring them involves high risk for you or whoever you are hiring the service for.
It is best to choose a security service where the guards are satisfied with their job, not only because they are paid well, but also because they have additional benefits like gratuity, pension, paid time off, vacation days and other fringe benefits. If they are happy with their job, they will perform better at their duty, whether they act as guards during the day, or at night. Research thoroughly, because the company you end up choosing will not only be responsible for the well-being of you and your family, but also for your wealth and property–which is why choosing wisely will be highly necessary in the long run.