The single biggest challenge for companies in security is the retention of quality
employees, and this is an area where Locke excels. We believe our incentive
award programs, combined with higher than standard pay rates and more
individual attention from our managers, all act to motivate Locke personnel and
encourage loyalty and commitment. A summary of our size and turnover statistics
are listed in the Support Documentís section of this report.
Our current average turnover ratio is approximately sixty 70 % below the security
industry average. This average equates to replacing a position on post one time
annually. Naturally, not all accounts experience this rate of turnover. Since the
number is derived from all accounts, it follows that some have more while some
accounts experience none.
We are very proud of the average tenure of our officers. Having started
operations as recently as 1994, this statistic speaks volumes to the fact that we
are able to attract and retain valuable employees. Historically, the greatest
amount of turnover usually occurs within the first 30 to 90 days of employment.
High retention of employees is important for two reasons. One, it means that
Locke has successfully screened potential employees to select those that are
capable and committed to the profession. Two, it means that a long term
commitment to Locke will be characterized by consistency and congruity with a
minimum of upheaval resulting from changing personnel. In short, it means less
worry for our clients.