Built-in Overtime Hours
Built-In Overtime Hours = 8
Built-in overtime hours refer to extra hours beyond 40 hours per week that security guards regularly work, leading to overtime pay (typically 1.5 times their regular hourly rate).
This happens often in security services where guards work long shifts or back-to-back coverage.
It’s important to include built-in overtime when calculating costs because overtime is more expensive, and failing to account for it can lead to underpricing your services.
If you’re unsure how much to include, a good estimate is 5-10 overtime hours per guard per week, or 10-15% of total hours worked.