On average, the security industry has a high level of staff turnover and attrition, and suffers from at least 30% employee turnover. In the last 10 years, Magenta has had a turnover of 9.7% – a figure well below the national average. In fact, during the last 12 months, Magenta has seen zero changes to our security staff. We can attribute such a high retention level to the training, motivation and benefits we give employees. Some members of staff have […]
A local London council recently agreed to pay its security staff the London living wage. The move by Haringey Council means that all security staff who are guarding council buildings will be paid at least £8.55 an hour. But is this enough to retain staff who provide a vital frontline service? Security is an important industry and it is crucial to have good pay schemes in place in order to attract the best staff. Security should not be viewed as […]
Staff turnover in the security industry generally sits about 32%, yet Magenta manages to maintain figures closer to 12%. Magenta Security has enhanced its reputation and stayed well ahead of the industry’s damming staff retention statistics through the provision of great staff benefits. The company has long been advocating for pensions for security guards, and taken measures which are seen as noteworthy in the security industry. Abbey Petkar, managing director of Magenta Security, says: “Staff turnover within the industry generally […]
One of the biggest fall-outs of the economic crisis has been its impact on the global job industry. As I write this, youth unemployment in the UK alone is hovering around 19.5%. The figures for youth unemployment are much worse in other European countries like Spain (41.7%), France (27.8%) and Italy (23.3%). And across the Atlantic, the US economy has been struggling to create jobs, and unemployment figures have risen from 5% in 2005 to about 9% in 2011. The […]
As a company dealing with security, our people serve on the front line of society under exceptional circumstances. Every year we have stories of our staff showing great presence of mind and courage while on duty. We take extreme pride in our people and organise award ceremonies to thank and recognise them for their various achievements. Recently, we organised our first award ceremony to recognise individual achievement, extraordinary acts of heroism while on duty and meritorious service. This year’s awards […]
