Employee Monitored Surveillance is a Highly Effective Way to GROW Profits!

A recently performed study shows that employee monitored surveillance technology is a highly effective way to grow business profits, especially in industries with lower wages and higher employee turnover. It suggests that perhaps employee misconduct is a direct result of managerial policies rather than the individual themselves. Interesting, huh?

Employee theft and widespread behavioral problems are if anything but on the downward slope. In fact employees in general, according to staticbrain.com, will steal about $50 million annually from US based businesses.

The researchers from Brigham Young, Washington University and the Massachusetts Institute of Technology studied the impacts of electronic employee surveillance on employee theft and productivity at 392 restaurants in 38 different states. The results were astounding:

-Revenues increased a whopping $2,975 per week, per location for those restaurants with theft detection technology.

-Drink Sales, where is the primary source of theft, increased $975/week. That is  10.5% increase! If you are in the restaurant industry you know that profit margins are between 60-90% in alcohol sales! Wow!

-The study went on and speculated that workers stopped unethical behaviors and focused on activities that drive increased sales, like appetizer and dessert sales.

-Theft reduction was about $108 per store, per week.

Employee theft and widespread behavioral problems are if anything but on the downward slope. In fact employees in general, according to staticbrain.com, will steal about $50 million annually from US based businesses.

This research suggests and clearly identifies that electronic employee monitoring surveillance technologies, such as camera surveillance systems, register interfaces, and text overlay, will not only increase sales, it will lower employee theft and maintain a safe environment for your staff as well as patrons!

The study is titled, “Cleaning House: The Impact of Information Technology Monitoring on Employee Theft and Productivity*,”. Read the entire study at http://apps.olin.wustl.edu/faculty/pierce/cleaninghouse.pdf

Invision Security designs and installs employee monitoring surveillance technology in businesses throughout the tri-state area. We can help solve your problems, we can assist with covert applications, and we will help get your margins back on track and get YOU making money. Call us at 877.933.2288 for more information.