# Overtime share of hours

A term used when buying security guard.

How much of the guard payroll is billed at premium rates because posts are short.

A guard company that cannot fill its schedule runs its existing people into overtime, which is paid at a premium and usually billed at the contract rate, so every hour of it comes straight out of margin. It is also the clearest sign of a recruiting problem before turnover shows up in the numbers. Ask for overtime as a share of total hours by contract: the contracts carrying it are the ones a new owner inherits a hiring problem on.

Part of: Buying a Security Guard Business (https://searchspheresource.com/guides/buying-a-security-guard-business)

Source: https://searchspheresource.com/guides/buying-a-security-guard-business/terms/overtime-share-of-hours
Not dated: The same editorial definitions as the glossary, inside a trade.

Site index for machines: https://searchspheresource.com/llms.txt