Securing employees
When business security and safety are at the forefront of your company’s plan, do any gains necessarily follow?
“Workers going home safe and having the confidence that they are part of an organization that cares that they do so has immeasurable value.” says the article
Safety Profitability and the Data-Driven Business.
Employee satisfaction is priceless, but is there any addition of financial gain to be had when workplace security and safety are a high priority?
It’s important to consider business security systems as more than a means of detecting wrongdoing. The role of accident and injury witness is often overlooked. Recorded video surveillance footage of employee injuries speeds the process of treatment and insurance reimbursement when help is most needed. Worker claims can be verified and settled. Conversely, you protect your business from false liability claims.
The Journal of Occupational and Environmental Medicine sought a numeric way to determine safety value. Researchers investigated whether there was a connection between companies that emphasized business safety in their culture, and stock market performance.
They went about comparing a group of safe companies that had been commended for business security and safety leadership by checking their stock performance against the S&P 500 over a similar period.
The results were astounding!
Over thirteen years, the returns on the “safe company index” were 333 percent. During that same timeframe, the S&P 500 returned 105 percent. The safe companies had outperformed the S&P 500 by nearly three times over!
It turns out that business safety and operating a profitable company are not mutually exclusive.
A successful company should be synonymous with being a safe company. Protecting your business with security and safety measures is just as important as product quality, or innovation.
The key point is that your safety program and business security systems impact your operation in a meaningful way--a financial way.
Protecting data
“What best-run companies do is make data-driven decisions. The great thing about behavioral change is that the more you look like a best-run company, the more you will become a best-run company. Data discussion has to first begin with capture. From a health and safety standpoint, this begins with capturing the incidents, observations, metrics, and behaviors that need to be or should be recorded. Documenting all of this information is the first step towards your journey to data-driven decisions.”
Safety Profitability and the Data-Driven Business, by Jason Dea, Intelex Blog, May 6, 2016, https://www.ehstoday.com/safety-leadership/article/21918627/safety-profitability-and-the-datadriven-business
Capture is our specialty at SCW, where you can find the most reliable
IP security cameras in the industry. We’re also the home of an AI-Powered Analytics platform to capture and analyze data and potential incidents in real-time. And our SCW Access Control System regulates exactly who enters your business while also recording employee arrival, movement, and departure.
We’re all about gathering data for your business decision-making benefit.
The other side of the data coin is securing your business records and your customers’ information. Credit card numbers, addresses, Social Security numbers, and financial transactions are the beginning of the responsibilities entrusted to you.
Cyber safeguards cannot be overstated. A single data security breach can cripple a small business. That’s why 71% of US small businesses are utilizing information security technology.
Still, breaches make the news cycle regularly. One of the latest, in early March, involved video surveillance system provider, Verkada. Around 24,000 clients had the live feeds of their 150,000 IP security cameras viewed by infiltrators who simply discovered a super admin password floating on the Internet. The news further uncovered troubling issues of extensive Verkada employee access to unlimited, personal, customer data.
Verkada’s a large company. They will survive the catastrophe. Yet nearly 60% of small businesses close their doors within the six months immediately following a data breach.
SCW does more than pay lip service to protecting your data. As our valued customer, we offer you the means to protect your business against cyber intrusion. We have entire IP security camera systems that can operate completely free of the web. That means that there is nothing available for hackers to see. You’re invisible to them, and they can’t hack that which they can’t see.
Simply put, SCW business security systems, bank-level encryptions, password protections, and company protocols are Fort Knox-secure by design.
It takes a thief
The shiny, new employee you hired today may be the reason you go out of business next month. That’s because 33% of all business bankruptcies can be blamed on employee theft. Maybe not exactly that single new hire but employee business theft nonetheless according to the Service Management Group.
In a true-life example, a manufacturing client of SCW’s utilized his new video surveillance camera system to expose a ring of employees who covered for each other to take extended breaks each day outside of the work facility. In essence, he was paying full-time wages to a large number of employees who were working seven hours or less per day.
“According to the 2019 National Retail Security Survey published by the National Retail Federation, retailers with 500 or fewer locations had an average dollar loss of $1,377 per dishonest employee in 2018.”
“
5 Most Common Ways Employee Theft Occurs,” by Andra Picincu.
CNBC says that business theft costs US companies $50 billion a year with medium-sized businesses bearing most of the expense. Estimates vary anywhere from 40% to as high as 75% of employees have stolen at least once from their employer.
While internal business theft can take many forms, the most basic stealing of company merchandise or money from cash drawers can be caught and curtailed by implementing an IP security camera system for your business. The savings due to prevention of business theft soon pay for the cost of a CCTV system. Add to that the insurance premium reductions when you add security measures to your facilities.
SCW Access Control System performs the task of ensuring that only the proper people enter your business while keeping out the rest. The rest, including recently fired, disgruntled employees, or any other folks bent on disruptive or criminal behavior.
A simple code change on the access control system as your ex-employee carries their personal items to their car, keeps them from ever reentering. Plus, it avoids the hassle of retrieving any company keys. Meanwhile, your staff has uninterrupted access by key fob, card, or mobile credentials.
Your doors remain locked at all times. You maintain full control of who enters by means of a simple programmable system. Then it’s hands-off!
SCW Cutting-Edge Cameras + SCW Access Control System + Survail’s AI-Powered Analytics = Unbeatable Security
At SCW we have put together a complete security system that’s a business owner’s dream!
Start with SCW Access Control System. It’s a simple retrofit installation that is easily programmable and maintenance-free.
Add IP cameras from SCW. Simple to install by design--a single cable plug-and-play item. Or eliminate the need for an NVR by combining SCW cameras with Survail, our signature advancement in surveillance.
If the plan is to upgrade your existing CCTV camera system, Survail works straight out of the box with virtually any camera make on the market. A post-sale implementation phone call allows us to add all your current cameras to the Survail Box you’ll receive.
When it arrives, you plug it in. And done! Each of your existing CCTV camera systems is then supercharged by a cutting-edge, AI analytics software program like none other available--any number of systems across any number of locations. It’s an enterprise-friendly single application.
Find out more about Survail on our other web pages or ask for a free demo. Seeing is truly believing!
A modern surveillance ecosystem is a financial and operational benefit
SCW delivers the benefits you want--a video surveillance system that keeps your business secure without further involvement on your part. Business security should be a one-and-done task. We make that a reality.
Our professional-grade equipment is rugged and performance-driven, simple to install, and easy to maintain. Each component comes with the best warranty in the industry and is backed by the support of our US-based technical staff for the lifetime of your security system.
Over 4,000 Five-Star reviews and a Birdeye score of 4.9 says more than we can about the standards of our business practices.
Now with the release of our unique AI-Powered Analytics software, more than ever SCW is the logical choice to protect your facilities, your data, and your workforce with money-saving time and benefits.