If you’re one of the lucky few who needs a bodyguard, you might not consider how much it costs. But for the rest of us, have you considered how much it may cost to hire a contract bodyguard? Look into the Best info about bodyguards sydney .
What would you do if you were thinking about starting a career as a bodyguard, independently or with a firm? Again, it’s helpful to know potential earnings before beginning work.
Full-time bodyguards often make between $52,000 and $75,000 annually, though this range varies from state to state, depending on the cost of living. Factors include age, education, occupation, and years of experience.
Executive protection officers in corporations earn an average of $54,000 per year. The banking industry pays their bodyguards the highest salaries, typically around $77,000 annually. About $70,000 puts the entertainment industry in the middle.
Do not count on making this much on day one of your bodyguard careers. Like other professions, the prospective earnings of close protection officers grow with experience.
You will probably need to work your way up before you can expect to earn close to the average income in your country. However, getting involved with an agency can provide you with a steady income and the possibility of advancing your career.
Perhaps you would find more fulfillment in running your bodyguard business than working for someone else’s. If all you have to do to run a business is provide a service to customers who want it and receive payment, things should go smoothly.
However, things get more complicated whenever you decide to grow the business and perhaps hire employees. Today is the day you make the transition from security guard to entrepreneur. The burden of worrying about how to compensate your close protection personnel shifts to you fairly.
If you’re a freelance bodyguard in charge of setting your rates, it’s up to you to research what competitors in your area and market are charging. For example, hourly rates for a licensed bodyguard in the private sector might start at roughly $65. Additional “executive protection” bodyguards charge between $150 and $500 per hour.
When hiring a professional bodyguard, larger cities like Los Angeles, New York, and Hollywood will cost more than smaller ones like Salt Lake City, Utah, or Fort Worth, Texas. Price increases result from several factors, including location, competence, and risk.
Celebrities like Usher and Naomi Campbell hire bodyguards like Elijah Shaw. He also runs the executive protection and bodyguard firm Icon Services Corporation as its chief executive officer.
Elijah can still be seen giving his protection to Hollywood’s elite for the low price of around $3000 per hour, even though his company may employ up to or more than a hundred bodyguards.
Since he is well-known in his industry and frequently seen with famous people, he commands such high rates merely because of the demand he generates.
Given the abundance of bodyguards available, you should be able to choose one that fits within your budget. But first, find out what you need regarding services, how much security you need, and for how long.
Constant security costs more than hiring a bodyguard for a few hours to accompany you on a high-risk business trip. Therefore, as soon as you have a clear idea of your needs, it would be best if you started researching bodyguard services in your area.
Read Also: What You Should Know Before Purchasing Drawstring Bags