Our Pricing
We adopt a fair and transparent approach to determine our service pricing. The main component of our pricing is based on manpower expenses, which are determined based on the local regulatory situation.
All employees who provide services to our customers are provided with the required uniform and safety equipment for their job. This ensures complete safety for our employees while they work with us.
Our Pricing Components
The pricing for our services is determined based on the following factors:
- Wages as per local regulations
- Compliance with labour laws
- Uniform/equipment charges
- Our service fee
To gain a more detailed understanding of each segment, please refer to our resources section.
Our Blog Post provides detailed information on how we determine our pricing. It explains the various components that influence our services pricing.
Workforce Classification
You can refer to our compliance section to understand how different blue collared employees are categorised based on this role and skillset
Our Service Fee
We provide our customers with following levels for our Security services
Basic
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Security personnel training every 3 months
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Site visits by supervisor once every 2 weeks
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Personnel change withinof 7 business days
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Monthly Billing with 15 days credit period
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Security Audits and Recommendations on chargable basis
Plus
- Security personnel training every 2 months
- Site visits by supervisor once every 10 days
- Personnel change time of 3 business days
- Monthly billing with a 30-day credit period
- Discounted Video analytics and central monitoring services
- Annual Security Audit and Recommendations
Premium
- Security personnel training every month
- Site visits by supervisor twice a week
- Personnel change within 24 hours
- Monthly billing with a 45-day credit period
- Quarterly Security audits and recommendations
- Discounted Video analytics and central monitoring services
- Emergency response services
- Availability of Quick Response teams
Our Service fee for any of our solutions is determined based on following parameters
- Service Level
- Geographical Location
- Total Personnel Deployed
Feel free to connect with us to understand in detail on how our service fee is determined for your requirements
FAQ
Frequently Asked Questions related to our Services Pricing
What are all the various Components Included in your Pricing?
Pricing for our service are determined based on following factors
- Wages as Per Local Regulation
- Labour Law Compliance
- Uniform / Equipment Charge
- Additional Allowance
- Our Service Fee
Additional Allowance accounts for the fact when market rates are much higher than prevailing State Minimum wages, which are determined based on current market situation. We will clearly specify the amount in our pricing proposal and our representative will explain in detail on how the value was arrived at. You can refer to our section on service fee for more details
Refer to our blog post to understand in detail.
Are your Pricing Fixed throughout the Contract Period ?
The Major components of our pricing include Cost components, whose prices are determined by respective State and Central Government dependents. State/Central Minimum wages are revised on regular basis and our pricing is adjusted accordingly to ensure compliance with the laws.
Statutory Compliances are generally constant and get limited updated but when any major changes happen, we update you on same
When any of the factor that influences our pricing changes, we provide updated pricing based on latest information along with supporting documents to ensure you are clear on same
Can we avoid Paying Certain Statutory Compliances for the Workforce we deploy through Knighthood?
We don't recommend avoiding any statutory compliances when your hire anyone as the liability and penalties are much higher than what you might save. Multiple state departments are involved in employee compliance, which can hamper your business activities.
However, we grasp the fact that you need to work within certain budgets, so please connect with our team to understand how best to structure the pricing, meeting your budget without any of the risks.
We have worked with multiple organisations to develop pricing models that let them avoid all legal hassles while ensuring cost efficiency. We are confident that our pricing is highly economical in nature unlike many large service providers, which provide similar service levels as us. We work with a clear focus to save you money while ensuring complete peace of mind without trying to cut corners to land in legal tussle at a later date
Are we liable to pay GST for your services?
Our services fall under the GST gambit and we are liable to charge GST for services rendered by us.
Currently we charge 18% GST for all our services. Please note that the rates are fixed by the GST Council and if any changes, it will be adjusted accordingly. We Provide GSTIN Invoices so your business can claim ITC benefits for the GST paid for our services.
For Individuals who can't claim ITC benefit, we recommend to utilise services from EasyHires to get lower pricing
Why are your Prices different when compared to your Competitors ?
We have a fair and transparent pricing model that we follow for all our Customers. For Customers in similar locations and require similar services, the pricing will be similar. We don't follow different pricing plans for different customers with similar needs.
In relation to difference in pricing related to alternate companies, we can't answer on why its lower or higher without seeing the finer details of the price proposal. However, we do caution to validate from your end if the Company has provided you with latest updates Wages and Compliances charges as many companies use older prices that lead to lower charges but later on claim that prices have been revised, requiring you to pay higher charges.
It is also common practice to reduce the compliance expenses contrary to Govt rules, which may appear fine but can result in heavy fines and liabilities at a later stage. Our pricing is highly competitive with some of the best service providers and we are confident of saving money for every customer who works with us
If you wish to understand in detail, please feel free to connect with us
I need further clarity on your Pricing
Feel free to connect with us to discuss in details your queries related to our services pricing. Just drop us a note and we will connect with you within 1 Business Day