Thailand raised the daily minimum wage at the start of 2024 and this is set to increase again to 400 baht in 2025. These increases are reshaping the economic landscape, affecting industries across the board—including the guarding and security sector. While the rises reflect progress in supporting workers, they also pose financial challenges for businesses reliant on labour-intensive services. Security companies, in particular, face a dual challenge: managing increased costs while maintaining the high standards their clients demand. In response to these challenges, the integration of advanced security technologies is emerging as a solution, enabling companies to optimize costs while enhancing service efficiency and effectiveness. In this blog, we will delve into the shift towards technology-driven guarding solutions as a result of the daily minimum wage increases in Thailand.
The wage increases directly increase labour costs, putting pressure in security companies in Thailand to reevaluate their operational models.
Because a significant portion of guarding services in Thailand rely on manned security personnel, wage increases present a significant financial burden.
Many clients are very cost-sensitive and passing the increased costs on may not be feasible, especially in competitive markets.
Security companies in Thailand might face challenges in balancing workforce requirements and maintaining service quality.
To address these impacts, many security companies are turning to technology as a complementary solution. The combination of manned guarding with advanced security systems offers several advantages:
CCTV and IoT integration: Deploying smart surveillance systems with Internet of Things (IoT) connectivity ensures 24/7 monitoring with real-time alerts, reducing the need for constant human supervision. This is especially useful for securing large areas that traditionally would require regular guard patrols.
Automated access control: Systems such as facial recognition and automated entry points streamline security processes, ensuring only authorized personnel access sensitive areas without the need for repeated manual checks.
Data-driven security management: IoT devices and AI-powered analytics provide actionable insights, enabling companies to detect and respond to potential threats proactively on minimal headcount.
Cost-effectiveness: Utilizing technology does involve an upfront investment, but the subsequent savings in labour costs more than make up for this. What’s more, technology allows for unparalleled scalability and adaptability to new threats and client needs, while also reducing the chances of human error.
This hybrid model of leveraging advanced security systems and manned guarding offers the best of both worlds—reduced labour costs but enhanced security. Any manned security personnel can focus on critical tasks, while the tech handles repetitive or large-scale monitoring. Automation also improves customer and guest experiences at events, hotels and high-traffic venues.
The minimum wage increase in Thailand presents an opportunity for the guarding industry to innovate and evolve. By embracing a hybrid security model that integrates traditional manned guarding with cutting-edge technology, companies can ensure cost-efficiency, accuracy, and real-time security without compromising quality.
As an industry leader, Guardforce Thailand is at the forefront of adopting smart security solutions to address these evolving challenges. By leveraging a blend of manned guarding and advanced technologies, such as IoT-enabled devices and AI-driven surveillance, Guardforce is redefining security services in Thailand.
Guardforce Thailand invites you to explore how their advanced security solutions can meet your unique needs, helping you navigate this new era of security with confidence. To learn more, click here.
