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  Security Topics : Business Security

Employee Theft and Increasing Productivity

By Dan Locke

Employee Theft

"Employee theft is the predominant source of shrinkage, accounting for almost 50% of the total losses." - National Retail Security Survey, University of Florida

What goes on at your business when you are away?

Could it be that some of your employees are stealing from you … and slacking off?

They aren’t doing this when you are watching them… when you are “right there”.

When you are in the shop, they are, no doubt, model citizens; honest and productive.

But when you turn your back, some of them are taking advantage of you.

"The Secret"

The Secret? Always “be there” and never turn your back!

Install a closed circuit television (CCTV) security system.

Here are some examples:

  • New York City:  The police there attributed a 44% drop in crime in a housing project due to security cameras being installed
  • Traffic:  You know those cameras that are placed at intersections to “pinch” the speeding motorist?  Everywhere they are installed, safety in the area increases. Traffic accidents and violations plummet.
  • Business:  Business owners who install cameras in their production areas report that productivity increases by as much as 20%! 

Employees feel that the boss might always be looking in on them! And employee theft is a rare ocurrence in areas where cameras are installed and operating!

All this results in a more productive and happier employee base.  And productive and happy employees are easier to retain and take more responsibility for the overall show.

It’s a win for everyone!

And you know what?  CCTV is really inexpensive!  You probably thought otherwise. Just like computers; technology has “caught up”!  You can get a CCTV system for less money now than you ever could before.



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