G Woodbury and Associates, Inc. 1.888.877.5749

Being a high-powered executive may not be financially risky, but it’s certainly dangerous. Or at least, that’s a reasonable conclusion based on the millions some companies spend protecting their top brass.

Executive compensation reports filed with the U.S. Securities and Exchange Commission over the past several months revealed exactly how much companies spend to protect their top executives. According to the filings, some take security seriously, outfitting “C-level” employees with cars, planes and home alarm systems. Others skimp on safety costs, paying nominal amounts for minimal security systems.
When you contact G Woodbury and Associates, Inc., I will {{develope|create}} a personal protect plan for you or your staff. In today climate with local goverment reducing police patrols, we are the unsafest we have ever been.
Corporations aren’t the only ones worried about security. Americans spent about $25.9 billion on professionally installed electronic security products and services last year, according to a study by Security Sales & Integration magazine.
The biggest cost is labor. Typically a top executive will contract with a company to provide guards at their home, both for screening visitors at a gatehouse and stationed around the perimeter of their property. Each guard costs about $60 an hour. Execs may also hire round-the-clock bodyguards for their family, similar to those used by celebrities. Personal bodyguards charge an annual fee that starts at $75,000.
The perceived risks increase when execs travel outside the U.S., and so do the fees. Prominent execs hire additional manpower when they travel to high-crime countries. The guards travel with the executive, find secure drivers and investigate the corporate jet for potential security breaches like unidentified luggage. They scout out hotels, meeting rooms and restaurants in advance.