
We now know that when employee monitoring software appropriately implemented, an employee monitoring system:
Enables employers to analyze business processes
Creates a more engaged team
Saves money on employee retention
Provides data transparency
Protects against data loss
Effective Management
Insights from gathered data will help you build a more efficient team by highlighting the strengths and weaknesses of your employees. Seeing where people struggle and where people shine gives you the power to delegate tasks more efficiently. Matching the strengths and skills of your team members to the right job is incredibly vital and enables the team to produce their best work!
Recognizing the weaknesses in team members is just as important. Employee monitoring systems that focus on behavior metrics help you identify where team members need extra training or coaching. You may discover it’s taking someone an unusually long time to finish a project. Check in with them. See if they understand how to use their tools and set up a training session if they don’t. Investing in your employees’ career development is one way to increase engagement and happiness for the team.
Discover Unrealized Revenue from a Fully Engaged Team
It is widely known that nearly 70% of Americans in the workforce are not fully engaged with their work.40% of Americans are not engaged at all. With employee engagement being such a large problem, companies need tools to help them determine who is disengaged, the reason for the disengagement, how much it is hurting their company and how they can help.
In her article on Recruiter.com, strategic growth manager Shaley McKeever calls active disengagement the “silent killer.” Sound scary? It should! She explains that not only is an actively disengaged worker unhappy and not performing their job properly but they “act out their unhappiness,” and by doing so, “undermine what their engaged coworkers accomplish.”
Sadly, when workers become disengaged, they typically don’t care about the company’s goals or success. They only show up to get a paycheck. With 67% of the worldwide workforce disconnected, can you guess how much employers lose each year in the American economy? If you guessed $350 billion, you’d be right!
Behavior analytics will show you who on the team is disengaged or headed that way. For instance, data will show how much time employees spend in unproductive applications. Take that information and display it in a graph over time and you’ll see whose productivity has increased, decreased, or remained the same. With this knowledge, you can meet with the team member if it’s needed. See what’s going on and find out how you can help.
Financial Growth
American businesses lose $650 billion per year from unproductive employees.
You can cut down on this loss by implementing workforce analytics and productivity tracking program. Successful, data-driven companies use the analytics that tracking software gives them to increase productivity, revenue, sales, employee retention, happiness and efficiency.
Look at the restaurant industry as an example. An MIT study found that when restaurants started monitoring employees, revenue increased by 7%. The reason? Research scientist Andrew McAfee says, “As far as we can tell, performance improved simply because people started doing their jobs better.”
Also, the types of data collected with employee monitoring software allow you to make better-informed business decisions. You may realize you have too many people assigned to one task. Why not make better use of time and the company’s resources by assigning a few of them a new project? Or, figure out which software (that you’re paying for) does not see much usage. Get rid of what you don’t benefit from and stop wasting money.
Security and Safety
Data breaches and cybersecurity should always be a concern for businesses. Hackers are super smart! They invent new methods of accessing data every day.
Large organizations are especially vulnerable to breaches. This is because of the scale of the organizations and the increased likelihood of human error leading to hacks such as accidentally opening phishing emails. Nearly half of America had their names, social security numbers, birth dates, home addresses and driver’s license numbers stolen from the consumer credit reporting agency Equifax.
Sometimes the threat is internal. 87 percent have taken company information and documents with them after leaving a company.
Employee monitoring in all its various forms provides supervisors a clear view of what people are doing and when. And in the event of any breaches or legal issues, the data logs act as your company’s “black box.” Your task of discovering the “who, what, when and where” of the incident becomes a little bit easier.
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