The Importance of Security Cameras in the Workplace

Businesses in the United States lose an average of 5% of their annual gross revenue to fraud, reports the Association of Certified Fraud Examiners. Also, according to the National Safety Council, workplace injuries result in over $53 billion in wage and productivity losses. Installing security cameras throughout the workplace can help companies mitigate these expenses, and using security signage and providing information can ensure the preservation of privacy rights and regulatory compliance.

Benefits of Security Cameras

It is impossible to hire enough physical security officers to monitor an entire facility and all its employees every second of every shift. True, with adequate money and resources, hiring sufficient officers is possible, but even the most qualified cannot be everywhere at every moment.

Cameras can monitor operations 24/7 without issue. The surveillance equipment does not get tired or need breaks like the human staff. Because of the extensive costs of fraud, theft, and workplace accidents, cameras are necessary for most operations. Employers and business owners thinking about installing a monitoring system should consider the many benefits security cameras offer:

1. Theft Deterrent

The primary advantage of installing cameras is the ways these devices help deter crimes. Theft is a significant issue, affecting even businesses with limited high-value assets. When people know cameras are monitoring the area, they are more likely to keep their hands in their pockets.

2. Workplace Safety

Cameras deter all sorts of criminal activity, including unauthorized access. Employees may feel safer working in a facility that prioritizes surveillance because they know a monitored environment is less likely to experience break-ins or physical altercations.

Also, when workers know cameras are present and recording, they may be less prone to accidents. Team members are less likely to become complacent regarding required safety practices, and this helps reduce accident risks.

3. Fraud Deterrent

Security cameras also provide an effective fraud restraint. Many businesses have experience with false injuries, insurance claims or lawsuits alleging poor working conditions. Cameras can document every square inch of a facility, keep a daily account of existing conditions, record worker behaviors and make fraudulent claims less likely.

4. Insurance Premiums

Some business owners don’t realize that installing cameras can lower insurance premiums and costs. Many insurers offer 5% to 20% discounts for companies with integrated security systems, including cameras.

5. Improved Productivity

Cameras can also help improve worker productivity. When management can review worker activity, it ensures all team members maintain focus on their jobs. Employees are less likely to take longer breaks or pause for distractions when they know they are on camera.

Regulatory Concerns of Security Cameras

Many companies struggle with how much they need to explain to employees. While the laws requiring consent for recordings vary from state to state, employers are generally encouraged to inform all employees of security cameras in and around the facility. For more information about legal requirements, management should consult an in-house legal team. However, an easy practice is also the most honest: Businesses can post signs informing all employees and clients that surveillance cameras are in use on the premises. Check out for all your security signage needs.