NFU Mutual’s recent survey reveals a staggering 89% construction theft rate among tradespeople and contractors, shedding light on a critical issue in the industry
The data unveiled by NFU Mutual’s recent publication regarding the prevalence of construction theft reflects an alarming reality: approximately 89% of tradespeople and contractors have fallen victim to construction theft.
This statistic, while striking, unveils a critical truth that can’t be ignored.
At Millennium Security, where our focus lies in providing specialized security solutions for the construction sector, we frequently encounter contractors who approach us only after experiencing criminal activity on their sites.
Many still choose to gamble on avoiding security measures until the area is unequivocally deemed a high-risk zone.
Affordable and effective security measures
However, with such distressing statistics showcasing the widespread nature of construction theft, it’s evident that this gamble heavily favours the criminals, with dire consequences for everyone involved.
Cost analysis often influences the decision-making process when implementing on-site security measures, but today’s market with affordable and effective security solutions makes site security a viable option.
Beyond the apparent expenses of replacing stolen equipment and the loss of income, the survey highlighted that 35% of respondents reported adverse impacts on their mental health due to these crimes.
These effects can range from staff signing off from work to long-term sickness, significantly impacting the workforce and overall productivity.
Install a 4-camera wireless detector system for £95 per week
Putting all those costs together, it becomes apparent that an easy-to-install 4-camera wireless detector system for £95 per week offers an entirely different perspective.
Furthermore, insurance fees may be reduced owing to the bolstered security. Especially if, for instance, the above system is combined with budget-friendly heat sensors.
Anyone working with timber frame will no doubt be familiar with the fire hazards flagged up by insurers and the premiums they demand because of that.
And then, to add even further to the equation, there are also the health and safety benefits of a security package such as hardwired CCTV or a rapid deployment CCTV tower.
With 24/7 recording and remote accessibility from your phone, laptop or any other device, footage can play a vital role in safeguarding against spurious claims and breaches of safety protocols.
Nearly 9 in 10 tradespeople in the UK have been victims of construction theft
In fact, on more than one occasion, we heard of clients reviewing their footage due to a violent dispute occurring amongst subcontractors on their sites. Or they needed to check for stolen tools during the working day.
Our time-lapse cameras have also been able to assist in that regard!
The disconcerting data disclosed by NFU Mutual’s survey, revealing that nearly 9 in 10 tradespeople in the construction industry have been victims of theft, underscores the crucial necessity for robust security measures.
At Millennium Security, we witness the repercussions of such incidents firsthand and advocate for proactive security solutions. Moreover, these security concerns are often exacerbated during winter when opportunistic theft increases.
The findings accentuate the detrimental impact on finances and mental well-being, stressing the urgent need to invest in cost-effective, comprehensive security systems.
Prioritizing site security mitigates losses, fosters a safer work environment, reduces insurance fees, and addresses health and safety concerns.
Such investments are pivotal for the construction industry’s well-being, particularly during these heightened-risk periods.
For enhanced protection during the upcoming winter season, don’t hesitate to contact Millennium Security for special Christmas deals on site security solutions.
Our tailored offerings aim to safeguard construction sites, ensuring a more secure and productive environment during these critical times.
