Non profitable contracts2 Jun 2025 09:34
Anyone working in the city will know how security and a reception works. There are several companies that provide this service. They make the workers work 12 hour shifts. Holidays if any are very tight, do not turn up they do not get paid, if they are sick I think they get a day or so. Wages are very very poor and no one likes these jobs. The companies that buy these contracts run tight ships and it is so competitive they all run on a shoe string. They do not make much money. This business is no different. It makes it actual money from selling shares and not security. More contracts, more placings. It is a cut throat business. Wins contracts as it bids low. So low that these contracts are basically non commercial. Lots of shares to hit the market and no doubt someone who will get those shares at a discount is already selling them prior to issue. AVOID