May 26, 2025

No Shows Are Hurting Margins: How Cobraste Helps Security Firms Keep Guards Showing Up and Staying Longer

No Shows Are Hurting Margins: How Cobraste Helps Security Firms Keep Guards Showing Up and Staying Longer

In the private security industry, labor is everything. Contracts are won based on being able to deliver reliable guard coverage and lost when that promise breaks. How do you ensure that thousands of guards show up reliably, on time, every day?

At Cobraste, we understand that large security firms across Latin America face the same issues: high turnover, absenteeism, and unreliable guard attendance. We developed the now proven and unparalleled Cobraste Earned Wage Access solution to fix these issues.

Guards Don’t Quit the Job, They Quit the Waiting

The hard truth is that most guards live paycheck to paycheck. Asking them to wait two weeks or a month to access their earnings means they often take cash jobs on the side or disappear altogether. With Cobraste, your guards can access their already earned wages daily, helping them:

  • Pay for bus fare to get to their next shift
  • Cover food or rent before payday
  • Avoid abandoning their post for a one-off gig that pays cash today

When they have Cobraste, they show up.

Real Results for Security Firms

Put simply, Cobraste generates over $1M in annual value for every 1,000 guards:

  • Fewer missed shifts = fewer client complaints
  • Reduced turnover = lower recruiting and training costs
  • Faster recruiting = better contract fulfillment
  • No cost to you = pure bottom line improvement

Add Cobraste to Your Next Contract Bid

Offering Cobraste’s Earned Wage Access service can help differentiate your bids and increase win rates, especially with clients that require round-the-clock staffing like hospitals, banks, or logistics centers.

Want to see how Cobraste can impact your private security business?

Run a quick ROI calculation or reach out to see how we get you live in under a week.

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