Why use Closed Circuit TV in a business?

Check out some of these scenarios for an insight into the benefits of a CCTV System:

CCTV should not be perceived as a magic wand for preventing crime – it is just another crime prevention tool from a long list available to a business. There are many reasons why CCTV is the most cost effective security solution. In our experience we have found that most businesses suffer from the same few security problems.

Retail crime cost UK retailers £1.4 billion in 2011/2012, equivalent to 130,000 full time retail jobs. This is a 31% increase compared with last year’s survey. Customer theft and fraud made up the largest share of offences by both cost and by the number of incidents, representing 87.8 % and 97.1% of the totals respectively.

1. Shoplifting. – CCTV

Shoplifting has reached epidemic proportions in the UK. Every day your profits are simply walking out of the door, resulting in higher prices and lost sales. Given the right opportunity, even the most innocent looking person will steal. Even the smallest retail outlets report up to £100 in losses each month due to shoplifting.
Customer theft accounted for 59.6% of all losses by value. Over the past 12 months, the average cost per incident amounted to £85.50, compared with £70.44 in 2009/10, an increase of 21%.

Our respondents reported 444,990 incidents of customer theft in 2010/11.

2. Staff Collusion. – CCTV

Even your most trusted staff may be guilty of stealing your profits. It is a fact that a single employee can eat, drink and smoke their way through approximately £100 of profit every month. Multiply that by the number of employees, you are losing £££?s. The average value stolen per incident increased by 18% to £342.17.

3. Sweet Hearting. – CCTV

As the name implies, many employees will let you do their friends a favour when you aren’t there. It’s difficult to detect because usually a part of the sale is rung up to make it look like an innocent transaction.

Many of our customers have reported that they used to lose up to£300 per month from friends of employees.

4. Staff Protection. – CCTV

Are you doing enough to ensure the safety of your employees both inside and outside of your business? If a robbery results in an employee being injured are you prepared to defend yourself from the inevitable industrial injuries claim. Statistics point to major reductions in the amount of crime being committed where there are cameras installed. An article in ‘New Scientist’ magazine showed that simply installing a system can reduce crime, in the areas covered, by over 95%.

Generally, once a Camera system is installed, it will only be fools who attempt to perpetrate offences within its field of view. These are often caught but for the majority it will provide a very high level of deterrence. A professionally installed camera system can reduce shoplifting by up to 90%. Robberies increased by 20 per cent per 100 stores and accounted for 1.3% of retail crime by value.

The average cost per incident increased by 17% from £847 to £989. Criminal damage incidents per 100 stores rose by 63% when compared with last year.
Violence against staff remains an unacceptable threat to the health and well-being of the retail sector’s three million employees. In 2010/11, the total number of incidents against employees rose by 83 % to 25.7 offences per 1,000 employees. The change was driven by a significant increase in the number of verbal abuse incidents and threats of violence, which increased to 13.3 and 8.8 incidents per 1,000 employees respectively. At least 35,313 retail staff suffered from threats, verbal or physical abuse in the last year.

Fraud increased significantly in the past year, with 78 per cent of retailers recording a rise. Fraud accounted for 12.3% of retail crime by the number of incidents and 28.2% of retail crime by cost, a notable increase on the previous year. Retailers reported just over 50% of offences to the police, indicating that the true scale and cost of fraud offences is likely to be very substantial.

Final thoughts….

Most people considering the installation of a CCTV system have the main objective of trying to prevent crime. A properly installed and managed CCTV system can dramatically reduce crime levels. Drops as high as 90% have been recorded where a highly visible CCTV system has been installed in certain locations, i.e. in shopping centres and car parks.

In small to medium-sized businesses, CCTV cameras acts as a deterrent. However, the initial cost and complexity of good quality systems have been barriers for many businesses. The cost of equipment has fallen steadily over the years. Today, good quality systems can be much cheaper and still provide exceptional operational simplicity..

And it will pay for itself very rapidly call PJS CCTV on 01482 649123 for help or advice.

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