We all know that when the boss is watching we work a little harder. Studies show that if employees know that they are being monitored their downtime dramatically reduces and productivity improves. One third of all business failures have been linked to losses from employee theft. Whatever the psychological reason most people admit to stealing from their employer. Your most trusted employees are often the most likely to steal, usually because the opportunity arises.
Video cameras deter theft by reducing the temptation that honest people feel.
The size and amount of theft varies from industry to product. Security cameras and monitoring systems in warehouses, on docks and in store rooms greatly reduce employee theft. Cameras monitoring rear entrances and side exits are often enough to reduce theft. Over forty percent of small businesses use video camera monitoring when they have a problem with employee theft of tools, products, money, and time. It is estimated that ten percent of retail customers steal from stores.