Most businesses evaluate their need for security systems based on threats and security points from outside the facility, or based on the number and type of non-employee based people coming through the facility on a daily basis. While these are both valid concerns, one point that many employers fail to take into consideration when evaluating security systems is employee related costs. Here are 3 ways better security systems help reduce employee related costs.
Fewer workers’ compensation suits
A common cause of workers’ compensation lawsuits stem from workplace injury. Without video evidence, many of these cases become long, drawn out, expensive lawsuits based on a battery of testimony from fellow employees, facility managers, etc. as the lawyers and court determine who is actually at fault in each scenario.
With good video surveillance systems in key areas of your facility, you can protect your business by having video history of what actually happened. Additionally, since your employees know that you have video surveillance systems set up, they are less likely to file frivolous lawsuits that consume your resources.
Employees that are monitored tend to improve their performance. Monitoring can happen in the form of manual supervision by their managers; it can also be in the form of video surveillance. Video surveillance allows you to monitor attendance, timeliness, speed and quality of performance, as well as use for training new employees.
Your managers can spot check performance at their discretion, and also review specific events if a conflict or disagreement regarding performance arises. It also assists the employees, because if their performance is good, it catches them “doing something right”.
Less Employee Theft
Unfortunately, employee theft is an issue that many companies have to deal with. Whether it’s office supplies or actual product, employee theft is a concern for most organizations. The benefit of having video surveillance is that you can monitor areas that are high risk for employee theft, making it more difficult for employees to steal, and easier to prosecute in the case an employee does steal.
Since the employees will know that you have a video surveillance system in place, this is a strong deterrent to employee theft as well. All of these pieces serve to reduce employee theft from your business.
What’s My First Step?
If you’re curious about installing a video security system, evaluating your current system or installing an upgrade, your first step is to get a security audit. An audit will evaluate both your needs and current solutions. Please contact Quinlan Security Systems at 708-478-0707 for your free security audit today.